Shane McMahon, son of WWE CEO Vince McMahon and himself the company's executive vice president of global media, has resigned from WWE effective Jan. 1, 2010.
McMahon, who helped launch the company into new international markets and headed its publications division, announced the move via a company press release.
While the direction of his future business career is uncertain, the world of mixed martial arts could be a possible landing spot.
A longtime fan of the sport, McMahon has attended several UFC events in person. In the early part of the decade, the WWE had at least a passing interest in buying the then-struggling UFC. In more recent years, pushed by Shane McMahon, the WWE had preliminary internal talks about getting involved in MMA, though no projects ever came to fruition.
In 2007, the UFC surpassed the WWE in pay-per-view revenue and has widened its lead ever since.
Saying he had previously "never even considered a future outside the walls of WWE," the 39-year-old McMahon made no specific mention of any plans once he leaves the company, simply saying, "I feel this is the opportune time in my career to pursue outside ventures."
On a story on the company's website to announce the move, Vince McMahon said, "Even though I am personally saddened by Shane's decision to leave the company, I am proud of the enormous contributions he has made. He will unquestionably bring passion, commitment and extensive business experience to any endeavor he pursues."
Shane McMahon's resignation comes exactly one month after his mother Linda also stepped down from the company to pursue a run for the Senate in Connecticut.
Comments (Page 1 of 1)
Awesome.
It had to happen sometimes.
I think he's going to start an MMA promotion with the Shaw's.
So much for the family business...
I guess he didn't want to join the Vince McMahon Kiss My Ass Club.
Hey. It's bad enough he's "the product of his semen".
say what you want,
but from what i understand they are a very close knit family.
and i don't know if you guys will understand what i'm about say, but, shane happened to have been an awesome entertainer/athelete some of his bumps were absolutely sick.
vince also walked the walk as well, his blade job against the taker was also awesome.
vince certainly didn't ask and not do.
whatever shane does he certainly has the pedigree to be successful. it might be really cool to see what he might bring to mma.
Do you smell....what the Rock...is cooking!
WFF
World Fighting Federation FTW!
If Shane McMahon enters MMA promoting, he will be shot.
I think its was long overdue shane loves his family and the legacy they built together but lets face it wwe is wcw 1999 october31 its clear as day i mean look at mickie james wtf now beth should been put over long ago now tna trying to pick the scraps while wrestling is almost dead but i believe because of our politics lately we all will be in need of such shows like raw impact ufc anything but here about health care president this and that bs.
hope he gets his ass kicked real good