As we previously reported here on eWn, WWE has been sold to the Endeavor Group and will merge with the UFC as a new company. The transaction is expected to be completed later this year.
Vince McMahon was on “Squawk in the Box” with Ari Emmanuel this morning to talk about the sale.
During the interview, McMahon was asked about the hush money scandal from last July, where he was accused of making payments to several women for sexual misconduct and various affairs. He said,
“I’ve made mistakes, obviously, personally and professionally through my 50-year career. I’ve owned up to every single one of them and then moved on. I’m not sure of the legacy stuff. I’m not going to write it. I don’t know. I want to say, as someone who had an extraordinary amount of fun, great passion for what they did and wound up with the biggest deal he’s ever done in his life.”
McMahon was also asked whether he would’ve sold WWE if the scandal didn’t happen. He said,
“Absolutely. It makes sense. Nothing has ever happened like this before. I’m always looking what’s best for our stockholders and our company. This is the best thing that has happened in a long time. All the WrestleManias combined doesn’t equal to the magnitude we will do together.”
