There are rumors that Shane McMahon has sold “$50-$80 million dollars” worth of WWE stock so that he can buy into the UFC. That is not the case.
Back in July he sold a minor amount of his stock, but he has made no sales since according to the WWE SEC Filing Page. Since Shane is an officer of the company, the WWE would have to report any sales of stock that he makes.
I know many of you will be heading out for the long Thanksgiving weekend. We’ll be here through the rest of the week with news and rumors. The news may be a little slow over the next few days but nonetheless we’ll be here. On behalf of everyone here on the website, I want to wish you all a very Happy Thanksgiving. Enjoy your meal tomorrow and most of all – be safe. Thanks again for your continued support of the website.
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