Vince McMahon Sells $250 Million of TKO Shares to Endeavor Group
Vince McMahon, former CEO of WWE, has made a significant move by selling a large portion of his stock in TKO Group to Endeavor Group Holdings. This transaction, which took place on June 3, 2025, saw Endeavor Group Holdings, now known as WME Group, acquire 1.579 million shares of TKO’s Class A common stock from McMahon for approximately $250 million. This deal further solidifies Endeavor Group’s position as the majority shareholder of TKO, as they now own 61.7% of the company’s outstanding stock.
The agreement between McMahon and Endeavor Group Holdings marks a continuation of their business relationship, which began when McMahon sold WWE to Endeavor in 2023 to create TKO Group. Since then, McMahon has been actively involved in the company, owning around 8 million TKO shares as of April 15, 2025. With this latest stock sale, McMahon has now offloaded over $2 billion worth of TKO shares, including previous sales totaling $311.2 million in April 2024.
McMahon’s involvement with TKO Group has not been without controversy. In January 2024, he resigned as a director from the company’s board following allegations of sexual assault and sex trafficking made against him by a former WWE employee in a civil lawsuit. McMahon has vehemently denied these allegations, but the fallout from the scandal has had a significant impact on his reputation within the industry.
Endeavor Group Holdings, now operating as WME Group after going private in a $25 billion deal with private-equity firm Silver Lake earlier this year, continues to strengthen its position in the entertainment and sports sectors. With McMahon’s stock sale, the company is poised to further solidify its presence in the market and capitalize on new opportunities for growth and expansion.
Overall, McMahon’s decision to sell a portion of his TKO stock to Endeavor Group Holdings represents a strategic move in the ever-evolving landscape of entertainment and sports business. As the industry continues to change and adapt to new challenges, partnerships and acquisitions like this one will play a crucial role in shaping the future of companies like TKO Group and WME Group.
