The Warthog
Unicron
Tell them, the warthog is back in business!
Posts: 3,390
|
Post by The Warthog on Jul 9, 2022 10:05:39 GMT -5
I don't know about everyone else, but I'm smiling like the guy about to unfold his lawn chair and watch Vince stress out over all of this. Even if he doesn't go to jail, his reputation is still cooked.
|
|
BorneAgain
Fry's dog Seymour
Posts: 20,465
Member is Online
|
Post by BorneAgain on Jul 9, 2022 10:15:04 GMT -5
Gonna be weird when Vince leaves, but we start getting off-putting YouTube videos from him every Christmas ala Kevin Spacey.
|
|
|
Post by jason1980s on Jul 9, 2022 10:20:56 GMT -5
Missy Hyatt with a good take on her twitter feed "12 million dollars could had purchased a good severance package for the employees that were let go during covid and record profits, health insurance for his independent contractors, even a retirement home for forgotten superstars down on their luck."
And I think Missy does her own social media because she's pretty active on facebook and some of her posts are in DGAF what others think mode, she's not trying to create a redemption story or get a pay day.
|
|
|
Post by cornettesracket on Jul 9, 2022 10:40:17 GMT -5
A lot of the people who support the narrative frankly are people whose careers are dead for good if Vince leaves. Kevin Dunn? Out. Bruce Prichard? Out? Johnny Ace? Already out in the first place because his only qualifications for being in the talent relations spot are that he's easy to dislike and Vince needs an Eiffel Tower buddy, and that last bit is what got everyone into this mess. Qualified business people who didn't buy into Vince's bullshit like his former chief financial and revenue officers walked because Vince wanted to overspend on talent he wasn't using to stifle AEW, and the only reasons he relented are COVID and Nick Khan being able to charm Vince into listening to sense for a hot minute. The company has been organized and set up in a way where very few people with any real power aren't simpering Vince cronies. This is by design. He wants that cult around him, and he wants a company culture where the feeling is that he's the genius saviour who absolutely can't be replaced. Everything to feed his ego. Everything to make sure that the world revolves around him. That's how he can end up in a situation where like five skeletons are dragged out at once and the response is "Damn but we're counting on you buddy how are we gonna do this". Yeah, I wouldn't be at all shocked if one of the prime people pushing the "we need Vince!" narrative isn't A. Vince Himself, and B. Kevin Dunn... since it was stated since HHH took over Development that HHH and Steph hate him. I’ve heard that and thats a good thing that they hate him because take a number.
|
|
khali
Dennis Stamp
Posts: 4,860
|
Post by khali on Jul 9, 2022 10:52:58 GMT -5
It’s absurd to think that only Vince can handle WWE creative and things would go left if he stepped away. There are guys under contract with WWE who were bookers for entire promotions themselves. You mean to tell me people in WWE honestly think that if Vince went away and left Nick Khan in charge of business and, for instance, Paul Heyman in charge of creative that the fed would close their doors overnight? Bullshit it would. People in the company really need to be reprogrammed out of Vince’s Jedi Mind Tricks before it kills their careers off for good. Yeah there’s no doubt the company can run just fine creatively with experienced people like Prichard, Triple H, Stephanie, Hayes, Heyman, HBK, even Jarrett there under contract already. That’s definitely true, but I also kind of wish that someone younger could be high up in creative too. Nothing against any of those people necessarily, but I’d interested in seeing what someone who hasn’t been ingrained in creative for decades could do.
|
|
|
Post by Hypnosis on Jul 9, 2022 11:08:53 GMT -5
Yeah there’s no doubt the company can run just fine creatively with experienced people like Prichard, Triple H, Stephanie, Hayes, Heyman, HBK, even Jarrett there under contract already. That’s definitely true, but I also kind of wish that someone younger could be high up in creative too. Nothing against any of those people necessarily, but I’d interested in seeing what someone who hasn’t been ingrained in creative for decades could do. Tyler Breeze appears to be retired from wrestling. What about him?
|
|
|
Post by polarbearpete on Jul 9, 2022 11:17:27 GMT -5
Yeah there’s no doubt the company can run just fine creatively with experienced people like Prichard, Triple H, Stephanie, Hayes, Heyman, HBK, even Jarrett there under contract already. That’s definitely true, but I also kind of wish that someone younger could be high up in creative too. Nothing against any of those people necessarily, but I’d interested in seeing what someone who hasn’t been ingrained in creative for decades could do. I enjoy WWE creative for the most part and so I’d be okay with Prichard continuing on or some of the familiar faces noted.
|
|
kidkamikaze10
Dennis Stamp
Trying to think of a new avatar
Posts: 4,329
|
Post by kidkamikaze10 on Jul 9, 2022 11:38:45 GMT -5
Missy Hyatt with a good take on her twitter feed "12 million dollars could had purchased a good severance package for the employees that were let go during covid and record profits, health insurance for his independent contractors, even a retirement home for forgotten superstars down on their luck." And I think Missy does her own social media because she's pretty active on facebook and some of her posts are in DGAF what others think mode, she's not trying to create a redemption story or get a pay day. Allison Danger could of really used some of that.
|
|
|
Post by canceled4truth on Jul 9, 2022 12:09:09 GMT -5
I find it ludicrous to think WWE is gonna collapse or that wrestlers are gonna leave en masse because of this. Some combo of HHH, Steph, Nick Khan, Pritchard and HBK will be able to run creative and the business sides just fine, and plenty of awful things (Owen, namely) that more directly affect talent have happened without people leaving.
That said, it’s nigh time for the old man to step down. Yea, fans still cheer him for whatever reason, but we’re rapidly approaching the tipping point where people stop seeing him as this kooky but lovable Howard Hughes/Hugh Hefner figure and start seeing him as Harvey Weinstein-esque perv he is. Hell, with the WSJ story, we may have passed that.
|
|
|
Post by Feargus McReddit on Jul 9, 2022 13:01:52 GMT -5
Like, the idea of the company not being able to last without Vince is objectively ridiculous for several reasons but the big one being that a lot of the deals WWE has aren't determined by if Vince is there or not. USA would still need Raw if Vince wasn't there, Smackdown would still be happy with Smackdown's Friday standing if Vince wasn't there etc. The issue comes form the fact that, in public record, there is no successor if Vince dies. There's no family member, there's no Vice President who could take the reigns, Nick Khan can't even take that spot. When Vince dies, it'll be up to the Board to figure out a plan and considering the range of people on the board, that could be a while with someone being placed in interim charge. And getting a successor usually solves that process, Bob Chapek replacing Bob Iger at Disney, Phil Spencer at Xbox will soon be starting the process for his successor, it's a way for investors to get some assurance that the consistency a company has had will transfer to the next person in charge. With Vince having no successor and basically kicking any potential successor to the curb (so far), it gives the investors and partners the idea that Vince will now and forever be the man until he dies. With this all coming out, and like I said it'll get worse before it gets better, there might be the need to get a plan in place and start the process of having someone ready in case Vince leaves somehow because it might not be his choice if he goes. It might be the partners who don't want to work with the company or even if someone sniffs around trying to find a way of buying it from Vince in some kind of barely legal and above-board deal. I don't know about everyone else, but I'm smiling like the guy about to unfold his lawn chair and watch Vince stress out over all of this. Even if he doesn't go to jail, his reputation is still cooked. On a fun aside, the guy unfolding the lawn chair? Jason Mamoa.
|
|
|
Post by darbus alan on Jul 9, 2022 13:11:44 GMT -5
The biggest question is who Vince gives his voting shares to when he croaks. I have to assume he has a will where it spells out who gets them. That person would be a successor by default.
Or he causes pure chaos and splits the shares among his family so no one has a controlling stake.
|
|
|
Post by Feargus McReddit on Jul 9, 2022 13:16:19 GMT -5
The biggest question is who Vince gives his voting shares to when he croaks. I have to assume he has a will where it spells out who gets them. That person would be a successor by default. Or he causes pure chaos and splits the shares among his family so no one has a controlling stake. Like, that's the thing, in any plan like that, there would be a transfer method because, well, that's how it works. They have the controlling shares. Unless that stuff is in a potential will which doesn't seem to have that many people as candidates because there's no potential successor that Wall Street might get used to.
|
|
|
Post by canceled4truth on Jul 9, 2022 13:24:39 GMT -5
Like, the idea of the company not being able to last without Vince is objectively ridiculous for several reasons but the big one being that a lot of the deals WWE has aren't determined by if Vince is there or not. USA would still need Raw if Vince wasn't there, Smackdown would still be happy with Smackdown's Friday standing if Vince wasn't there etc. The issue comes form the fact that, in public record, there is no successor if Vince dies. There's no family member, there's no Vice President who could take the reigns, Nick Khan can't even take that spot. When Vince dies, it'll be up to the Board to figure out a plan and considering the range of people on the board, that could be a while with someone being placed in interim charge. And getting a successor usually solves that process, Bob Chapek replacing Bob Iger at Disney, Phil Spencer at Xbox will soon be starting the process for his successor, it's a way for investors to get some assurance that the consistency a company has had will transfer to the next person in charge. With Vince having no successor and basically kicking any potential successor to the curb (so far), it gives the investors and partners the idea that Vince will now and forever be the man until he dies. With this all coming out, and like I said it'll get worse before it gets better, there might be the need to get a plan in place and start the process of having someone ready in case Vince leaves somehow because it might not be his choice if he goes. It might be the partners who don't want to work with the company or even if someone sniffs around trying to find a way of buying it from Vince in some kind of barely legal and above-board deal. I don't know about everyone else, but I'm smiling like the guy about to unfold his lawn chair and watch Vince stress out over all of this. Even if he doesn't go to jail, his reputation is still cooked. On a fun aside, the guy unfolding the lawn chair? Jason Mamoa. Isn't it already all but confirmed to be Stephanie? She's already interim chairwoman and CEO, and everyone has thought it'd be her for the last 20 years. Like, yes, i know there was that whole palace intrigue with "did Vince force Stephanie out? " a few weeks ago, but nothing concrete has ever emerged to make me think otherwise. And, hell, if we're comparing other companies, Jeff Bezos up and left Amazon out of the blue last year and even surprised his successor as CEO, but they're doing just fine.
|
|
|
Post by Feargus McReddit on Jul 9, 2022 13:38:42 GMT -5
Isn't it already all but confirmed to be Stephanie? She's already interim chairwoman and CEO, and everyone has thought it'd be her for the last 20 years. Like, yes, i know there was that whole palace intrigue with "did Vince force Stephanie out? " a few weeks ago, but nothing concrete has ever emerged to make me think otherwise. And, hell, if we're comparing other companies, Jeff Bezos up and left Amazon out of the blue last year and even surprised his successor as CEO, but they're doing just fine. Basically, businesses have paperwork put out that says any plans for succession that might come about and are things widely talked about in many companies during their investors calls and such. WWE has never had this, so yes, Stephanie is interim right now but there’s no established system in place that she’d stay there or even the investors and rest of the board would want her to stay if Vince actually left. And Amazon already had someone ready go take over, who I believe was already serving in the role below Bezos so if he left, that person could slot in. It might have been “out of the blue” to the wider media but the people internally and who were investing likely knew the plan because Amazon is too big a company not to have one. EDIT: Also to add, Vince has never said in any recent shareholders meeting or investor call that Stephanie was his successor or anyone else. Heck, for the recent times Nick Khan has taken the lead in calls, he’s never been billed as a successor. EDIT 2: And to add further, if Stephanie was the successor, they wouldn’t have spent weeks telling Forbes that she f***ing sucked at her job. It doesn’t exactly put out a strong case to those reading Forbes, as in the people who invest in companies like WWE.
|
|
Kalmia
King Koopa
Happy to be here
Posts: 12,477
|
Post by Kalmia on Jul 9, 2022 14:01:03 GMT -5
Even if WWE couldn't survive without Vince (it could) he's in his 70s. Most people have already retired by now. WWE should have several plans in place for when he leaves and shareholders should be very worried that they don't. It's just the most BS excuse of all time.
|
|
|
Post by The Summer of Muskrat XVII on Jul 9, 2022 14:50:43 GMT -5
The biggest question is who Vince gives his voting shares to when he croaks. I have to assume he has a will where it spells out who gets them. That person would be a successor by default. Or he causes pure chaos and splits the shares among his family so no one has a controlling stake. I assume it’s spread out among Steph, Shane and the 6 grandkids
|
|
|
Post by celtics543 on Jul 9, 2022 14:51:16 GMT -5
I assume that he could just give his voting shares to Linda right? Or if he died his shares would go to her because they've been married so long.
|
|
fw91
Patti Mayonnaise
FAN Idol All-Star: FAN Idol Season X and *Gavel* 2x Judges' Throwdown winner
Tribe has spoken for 2024 Mets
Posts: 39,696
|
Post by fw91 on Jul 9, 2022 15:05:55 GMT -5
I assume that he could just give his voting shares to Linda right? Or if he died his shares would go to her because they've been married so long. She’s been a little conspicuous by her absence in recent years. She’s was CEO forever and left for political aspirations. She’s obviously not in the cabinet anymore and I assume she was active in WWE when Vince was up to his dirty antics. Assuming they are still legally married Objectively, doesn’t she make the most sense?
|
|
|
Post by The Summer of Muskrat XVII on Jul 9, 2022 15:37:02 GMT -5
I assume that he could just give his voting shares to Linda right? Or if he died his shares would go to her because they've been married so long. She’s been a little conspicuous by her absence in recent years. She’s was CEO forever and left for political aspirations. She’s obviously not in the cabinet anymore and I assume she was active in WWE when Vince was up to his dirty antics. Assuming they are still legally married Objectively, doesn’t she make the most sense? They’re still legally married, but everything I’ve heard lately implies they haven’t actually been together for a few years. Vince saying his “wife at the time” on the McAfee show, Meltzer mentioning they aren’t together anymore when the first hush money story came out etc.
|
|
|
Post by Loser troll. Please ban me on Jul 9, 2022 15:55:22 GMT -5
The biggest question is who Vince gives his voting shares to when he croaks. I have to assume he has a will where it spells out who gets them. That person would be a successor by default. Or he causes pure chaos and splits the shares among his family so no one has a controlling stake. They'll be in a case suspended above the ring, Available to anyone who grabs it first
|
|