WWE News: Vince and Linda McMahon lost $500 million due to the slumping WWE stock, WWE Network plans under attack

Jul 31, 2012 - 10:55 AM

Vince McMahon and wife Linda McMahon lost $500 million due to the WWE stock dropping from $18.64 per share to $7.86 per share over the last two years. "To me, it's indicative that maybe the McMahons care more about winning this Senate seat than their shareholders," stated political opponent Peter Schiff. Meanwhile, Linda's campaign stated that Linda no longer works for WWE. To read more on the story, visit

Powell's POV: Bradley Safalow of PAA Research states that WWE has spent tens of millions of dollars on the launch of the WWE Network, yet still hasn't found a distribution partner. He also states that communication between WWE officials and shareholders regarding the network has been poor. It will be interesting to see what Vince McMahon has to say about that topic when he hosts a quarterly conference call to discuss the second quarter financial report on Thursday.

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