Tonight on WWE NXT in Orlando, Florida at the Capitol Wrestling Center on the USA Network:
WWE NXT Superstar Amari Miller has opened up about her struggles with mental health, saying she tried to take her own life last week.
On TikTok, Miller responded to a question about attempts to take one’s own life and said that she tried to do just that one week ago.
If you’re struggling with thoughts of self-harm or taking your own life, reach out to the National Suicide Prevention line at 1 800 273 8255, or text 988 for help.
Source: eWrestlingNews
It’s official – Cody Rhodes will be making his in-ring return at the 2023 WWE Royal Rumble pay-per-view event.
On this week’s episode of RAW, it was announced that Rhodes, who has been out of action with a torn pectoral muscle following his match with Seth Rollins at WWE Hell in a Cell 2022, will be entering the men’s Royal Rumble match.
Rhodes joins Kofi Kingston, Ricochet, Baron Corbin, Austin Theory, Santos Escobar, Seth Rollins, Bobby Lashley, Rey Mysterio, and Gunther as confirmed competitors for the match so far.
Two lawsuits have been filed against Vince McMahon following his return to the WWE Board Of Directors because he has returned to the company.
McMahon will not be beholden to stockholders moving forward, as a new SEC filing noted how McMahon would no longer need stockholder approval for his actions in the company as he reportedly attempts to oversee a sale of WWE.
The lengthy filing puts into writing the fact that McMahon can now make decisions for WWE on his own, without a meeting with or vote from the shareholders. With this amendment now in place, McMahon should have full approval over a potential sale in the coming months, or alternatively will be in control of the company’s decision on a media rights deal if a sale does not come to pass.
Following last year’s allegations of sexual misconduct and inappropriate use of funds for “hush money” payments, McMahon stepped down from his role as CEO and Executive Chairman of WWE. Earlier this month, however, McMahon made a shocking return to the company’s Board of Directors, and was quickly reinstated as Executive Chairman. McMahon’s actions were conducted under the pretense of exploring a sale of the company — something that has been rumored as a possibility for the past several years.
In the aftermath of her father’s return, former WWE co-CEO Stephanie McMahon announced that she would be stepping away from her duties, leaving Nick Khan as the company’s sole CEO. Her husband Paul “Triple H” Levesque recently held a pair of meetings to reassure talent that he remains the head of WWE’s creative direction as Chief Content Officer.
“On January 5, 2023, Vincent K. McMahon, the controlling stockholder of World Wrestling Entertainment, Inc. (the “Company”), executed and delivered a written consent (the “January 5th Consent”) taking certain actions by consent without a meeting in accordance with Section 228 of the General Corporation Law of the State of Delaware (the “DGCL”) resulting in, among other things, the election of Mr. McMahon to the Board of Directors of the Company (the “Board”) and certain amendments to the Company’s bylaws (the “January 5th Amendments”) that Mr. McMahon indicated were intended to ensure that the Company’s corporate governance continued to properly enable and support stockholder rights. On January 6, 2023, the Company issued a press release providing an update regarding the composition of its Board, including Mr. McMahon’s return to the Board, and the Company’s intention to explore strategic alternatives with the goal to maximize value for all stockholders of the Company. On January 9, 2023, the Board elected Mr. McMahon as Executive Chairman of the Board.
“Subsequently, Mr. McMahon informed the Company of his view that there is substantial alignment among the Board and management concerning the decision to conduct a review of strategic alternatives amid the Company’s upcoming media rights cycle and that the Company’s corporate governance will properly enable and support stockholder rights. In light of the foregoing, on January 16, 2023, Mr. McMahon, in his capacity as controlling stockholder of the Company, executed and delivered a written consent (the “January 16th Consent”) taking certain actions by consent without a meeting in accordance with Section 228 of the DGCL to substantially repeal the January 5th Amendments, as further described below in Item 5.03.
“No further approval of the stockholders of the Company is required to approve any of the actions taken by Mr. McMahon pursuant to the January 16th Consent. Pursuant to rules adopted by the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Company expects to file with the SEC, and thereafter mail to its stockholders, an information statement as required by Schedule 14C promulgated under the Exchange Act to provide stockholders with information concerning the January 5th Consent and January 16th Consent. The Schedule 14C will also constitute notice to stockholders in accordance with Section 228 of the DGCL of the actions taken by the January 5th Consent and the January 16th Consent.”
A separate filing noted that McMahon has repealed all amendments that were made on January 5:
“Effective January 16, 2023, pursuant to the January 16th Consent, the Reporting Person repealed all of the January 5th Amendments (which were incorporated into the amended and restated bylaws of the Issuer filed by the Issuer with the Securities and Exchange Commission on January 11, 2023 as Exhibit 3.1 to the Issuer’s Current Report on Form 8-K) other than Article XI (Exclusive Forum), which designates (i) the Court of Chancery of the State of Delaware, to the fullest extent permitted by law, as the sole and exclusive forum for the resolution of, among other claims, any derivative action or proceeding brought on behalf of the Issuer, and (ii) the federal courts of the United States of America, to the fullest extent permitted by law, as the sole and exclusive forum for any cause of action arising under the Securities Act of 1933, as amended.”
Sources: eWrestlingNews and Wrestling Inc.
WWE Raw will air live tonight on the USA Network, and emanate from the Heritage Bank Center in Cincinnati, Ohio.
With the 2023 Royal Rumble rapidly approaching on the calendar, we will likely hear of more entrants throwing their hats in the ring as a part of both men’s and women’s Rumbles. Additionally, “Raw” will celebrate its 30th anniversary next Monday night, so further details about that show are expected to be announced.
The recent return of Vince McMahon to WWE has had immediate ripple effects within the company. Few of these developments thus far are much bigger than the resignation of Stephanie McMahon from her executive duties on January 10. The departure comes after a hectic year for Stephanie, who announced a leave of absence last May only to return to an executive position two months later when her father initially announced his retirement.
The resignation of Stephanie may have sparked concerns regarding the company’s executive office moving forward, according to Bill Simmons and Ariel Helwani, who spoke about the subject on a recent episode of “The Bill Simmons Podcast.” When talking about the first event he went to following Vince’s departure, Helwani was quick to mention how beloved Stephanie was as a leader. “It was like these clouds had opened up,” Helwani recalled. “Everyone’s spirits are high, no one says a bad thing about Stephanie. It’s a remarkable thing, nobody speaks badly of her. Everyone seems to respect her tremendously.”
Helwani then mentioned that he fears that this departure will return the culture to what it was before Stephanie’s time as co-CEO alongside Nick Khan. However, Helwani does have faith in Khan and Paul Levesque, who are still working in the company’s executive office as of right now.
Returning to the subject of Stephanie McMahon, both Simmons and Helwani consider her resignation a “bad sign” for the company. “She’s so likable and respected,” Helwani complimented. “She is the quintessential businesswoman.” When speculating what might be next for Stephanie, Helwani believes that she has the potential to do more if she desires to. “If she decides to do something… imagine a media company run by [Stephanie]. I feel like she’d be successful in whatever she does.”
Source: Wrestling Inc.
Earlier this week, Stephanie McMahon announced her resignation as co-CEO and Chairwoman of WWE. Now, just a few short days later, McMahon is seemingly putting her newly-acquired free time to good use in order to deal with a health issue.
In a post shared on social media, she disclosed that her week involved getting ankle surgery, writing, “Busy week! Thank you Dr. Waldrop, @AndrewsSportMed and the Orthopaedic Center Staff for fixing my ankle! And to Kevin Wilk @ChampionSportsM for already getting me started on rehab! (And of course to my amazing caregiver @TripleH) #RoadtoRecovery.” Additionally, she shared a photo of herself waving from a hospital bed while also attaching a picture of her right leg wrapped in a cast. The extent of her ankle injury was not disclosed.
Plenty of well-wishes came pouring in, with current “NXT” Tag Team Champion Kofi Kingston, in particular, understanding her current plight. “He fixed my ankle, too! You are [in] great hands! Godspeed on your recovery!”
McMahon’s resignation followed soon after her father, Vince McMahon, reinstated himself to WWE’s Board, along with former WWE executives George Barrios and Michelle Wilson. McMahon had initially stepped away from the company in May 2022 to take a leave of absence. However, her sabbatical was cut short when she was abruptly thrust back into action and named interim Chairwoman and CEO of WWE amid sexual misconduct allegations involving her dad that prompted him to step aside and retire. Within two months, the interim label was off, and she had officially been appointed Chairwoman and Co-CEO, sharing the latter duties with Nick Khan.
Source: Wrestling Inc.
WWE SmackDown will air live tonight on FOX, and emanate from the Resch Center in Green Bay, Wisconsin.
Tony and Shahid Khan are reportedly interested in purchasing WWE.
CNBC is reporting that several sources familiar with the situation have confirmed that the Khans are interested in merging AEW and WWE.
The report notes that the Khans would be willing to team up with a media company for the IP, which would result in a merger of WWE and AEW.
While Tony and Shahid have not spoken with Vince McMahon or Nick Khan at this point, it was noted that McMahon may not be interested in speaking with them at all. The idea is said to be “a long shot.”
Once again – no discussions between the Khans and WWE have taken place at this point. For what it’s worth, Shahid Khan has a net worth of $7.56 billion.
Source: ewrestlingnews
Stephanie McMahon and Triple H are reportedly against a sale of WWE.
It was announced on Tuesday that Stephanie submitted her resignation from WWE after her father, Vince McMahon, was unanimously re-elected as Executive Chairman to the company’s Board of Directors.
According to a report from Axios, there was some serious opposition from Triple H, Stephanie McMahon, and others on a potential sale of WWE.
The report notes that Stephanie and Triple H “had opposed a sale,” with some believing Stephanie’s resignation had to do with her father taking charge of the company. While Stephanie and Triple H won’t comment publicly, it’s said that they are both fuming in private.
Saudi Arabia’s Public Investment Fund, Endeavor, Disney, Warner Bros. Discovery, Netflix, Shahid and Tony Khan, and others are interested in purchasing the company.
Source: ewrestlingnews
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