WWE recently announced that co-Presidents George Barrios and Michelle Wilson parted ways with the company, and no replacements were announced.
No reason was given for their departures other than there was a disagreement regarding the future of the company.
According to the Wrestling Observer Newsletter, Wilson and Barrios were looking to maximize WWE’s current profits to get the stock price up.
However, Vince McMahon was looking to use the money from the new TV deals to increase profits, and to heavily invest in and spend big money to sign, keep and stockpile talent in order to make sure they don’t leave
Vince was also looking to create new regional offshoots in an attempt to dominate the grassroots aspect of the market, similar to NXT UK, in order to regain a monopoly on the market that is seemingly slipping away with brands like AEW and NJPW growing in popularity.
We've seen some interesting WWE departures so far in 2024, and Samantha Irvin shocked the…
Over the last few years Damian Priest has been one of the stars to watch…
USA Network has been Monday Night Raw's home for some time now, but in January…
Right now all eyes are looking ahead to Survivor Series which is the last premium…
Mercedes Mone has been on quite the journey over the last few years as she…
Next year will be John Cena's final year as an active in-ring competitor as he's…