Posts Tagged ‘McMahon’

Report: Linda McMahon Among Trump’s Picks to Head Small Business Administration

This flew under the radar in light of the other Donald Trump news in the mainstream the last couple days, but on Thursday night, Politico reported that it looks like WWE co-owner Linda McMahon’s possible presidential appointment is running the Small Business Administration. Politico’s source was quoted as saying that “It’s very, very real,” adding that “For the last several days, it has been discussed seriously internally.” McMahon met with the President Elect at Trump Tower on Wednesday, and had previously been rumored to be up for a Secretary of Commerce appointment.

The Small Business Administration is best known for its various loan programs for, well, small businesses. It also provides “Disaster Loans,” where victims of natural disasters who aren’t eligible for FEMA assistance can get low-interest loans to help them get back on their feet.

Two New Collections Coming To WWE Network This Monday

If you’re a fan of WWE’s curated “Collections” of themed matches and angles, then we have some good news for you. As reported on Saturday by Steve Coulson of WWE Network News, Monday (November 7th) will see the release of two new additions to the Collections bucket: Austin vs. McMahon Part II and Randy Savage: Cream of the Crop. Here are the official descriptions for each collection:

Austin vs. McMahon Part II:

One of the greatest rivalries of all time rages on as the next chapter in the saga between the tyrannical Mr. McMahon and the defiant Stone Cold Steve Austin unfolds. Beginning with WrestleMania XV, follow The Rattlesnake and The Boss throughout their journey of ups and downs, Black Weddings, Greater Powers, celebrations, farewells, and more, culminating with the stunning fallout from WrestleMania X-Seven. Relive these unforgettable matches and moments in this exclusive WWE Network Collection!

Randy Savage: Cream of the Crop:

Get ready to freak out and let the madness begin with this WWE Network Collection celebrating the storied career of Macho Man Randy Savage. From unforgettable moments and interviews, to both rare and classic battles against Macho Man”s greatest rivals, there is only one place to find these eclectic moments from the Hall of Famer”s legendary run in sports entertainment!

Backstage Altercation Between Brock Lesnar & Chris Jericho At SummerSlam

Source: F4Wonline.com

Chris Jericho ended up in a backstage incident with Brock Lesnar at SummerSlam last night as Jericho was concerned about Randy Orton’s condition.

According to Dave Meltzer, multiple sources report that the incident began when Jericho came to the gorilla position as Lesnar vs. Orton ended, to find out what exactly happened and to see if Orton was alright. Jericho asked Michael Hayes if that was the planned finish and when Hayes wouldn’t respond, Jericho said, “That’s bullshit.”

Lesnar came through the curtain, heard the “that’s bullshit” comment and thought Jericho was talking about the match. One version has Lesnar calling Jericho a “pussy” and the other has him saying “shut up” to Jericho, then telling Jericho to mind his own business. The two came face to face and had words, leading to Lesnar reportedly pushing Jericho with his fingers. Jericho then did a forehead press while another version has him shoving Lesnar against the wall. While the two were up against the wall, Lesnar reportedly told Jericho to kiss him or punch him. Triple H then jumped in and broke things up but the two ended up going at it again until Vince McMahon finally broke it up. Vince told Jericho that everything was a work and to be professional after Jericho continued yelling about Brock.

Triple H reportedly told Vince that Lesnar was to blame, and that Jericho was just standing up for himself. That was the end of the incident between the two. Jericho then saw Orton’s condition and got mad but Orton assured him that he knew what was coming.

WWE Reportedly To Investigate, Sideline Wrestlers Without Health Insurance

Mike Johnson at PWInsider is reporting that WWE alerted the roster yesterday to a new bit of policy enforcement. Back in May of 2011, all of the talent had to sign a rider to their contracts that was then added to the standard talent booking contract. From section  9.12 (d) of Stephanie McMahon’s 2013 talent contract, which is the most recent contract publicly available (all caps formatting is in the original):

NOTWITHSTANDING PROMOTER’S CURRENT POLICY OF PAYING MEDICAL EXPENSES FOR INJURIES WRESTLER MAY INCUR WHILE PERFORMING UNDER THIS AGREEMENT, WRESTLER SHALL MAINTAIN, AT HIS COST AND EXPENSE, HEALTH INSURANCE COVERAGE. THIS HEALTH INSURANCE MUST REMAIN IN EFFECT FOR THE TERM OF THE AGREEMENT, AND WRESTLER SHALL PROVIDE PROMOTER PROOF OF THIS INSURANCE ANNUALLY. WRESTLER MAY AT HIS ELECTION OBTAIN HEALTH, LIFE AND/OR DISABILITY INSURANCE TO PROVIDE BENEFITS IN THE EVENT OF PHYSICAL INJURY ARISING OUT OF OTHER PROFESSIONAL ACTIVITIES; AND WRESTLER ACKNOWLEDGES THAT PROMOTER SHALL NOT HAVE ANY RESPONSIBILITY FOR SUCH INSURANCE OR PAYMENT IN THE EVENT OF PHYSICAL INJURY ARISING OUT OF HIS PROFESSIONAL ACTIVITIES.

Since then, WWE and Linda McMahon (who ran for one of Connecticut’s United States Senate seats in 2012) have been able to truthfully claim in the media that all talent has health insurance. That’s even though WWE does not provide the insurance or offset the cost in any way (unless WWE covering all on the job injuries lowers the wrestlers’ premiums).

What Johnson is reporting today is that WWE announced to the talent that as of February 21st (Johnson wrote 2/21/15 but that appears to be a typo in the context of what he wrote), they will be doing random checks with insurance companies to make sure that the wrestlers are fully compliant with the terms of their contracts. The memo stated that anyone without insurance must get everything in order in the next 60 days or else risk their status being that they would “not be available” to wrestle.

In other words: If you don’t have insurance, you’re being sidelined.

https://www.youtube.com/watch?v=mEu6NGPA0Cg

If the details of the report are true, then WWE must have or be in the process of getting HIPAA waivers from each talent to contact their insurance companies. HIPAA refers to the terms set by the Health Insurance Portability and Accountability Act of 1996, which put the current American medical privacy laws into effect. Without a HIPAA waiver from each wrestler for their respective insurance company,the insurer is legally bound from telling WWE (or anyone else without a waiver) if the person in question is a member. It’s not entirely clear why WWE is doing this right now. The obvious inference is that some wrestlers found ways to game the system, perhaps by dropping the coverage for most of the year.

Outside of WWE, there is now widespread coverage of wrestlers in Mexico stemming from a deal made this past Summer. Around 2003-2004, TNA did provide group health insurance to wrestlers, but it didn’t last long and reviews of the coverage were mixed at best.

Pete Gas Talks Growing Up With Shane McMahon, WWE Run, & More

The folks at the Two Man Power Trip of Wrestling podcast are back with another interview: Mean Street Posse member Pete Gas (Pete Gasparino). Being that his on-screen persona of being one of Shane McMahon’s childhood friend was no gimmick, he has a unique perspective that you don’t really hear from anyone else. Here are some of the key quotes from the interview:

Did Shane have aspirations to take over for Vince?

Because of our friendship it’s not like we ever sat around at a bar on Greenwich Avenue and he said “I’m going to run this place”. It was never that type of conversation. Shane started from the bottom up, his father was and we all know his father is a genius. Shane started doing summer jobs and working for the company, he would work in the warehouse one summer. Eventually as he got older he started going on the road during summer break and he would set up the rings, he would get involved and do some refereeing.

Shane was groomed to learn every facet of the business and this way the more you know, the better you are and that was the way it is. I believe Stephanie was too. If I remember correctly she was working in the office in the main building at Titan Tower working in different departments there as well. The family is so close and I know that the bond that they all have is that since it’s just such a close family they always wanted to be together and this business is the air they breathe. It’s everything to them.

Will Shane ever return to WWE?

I think it’s one of those things where you don’t want to live in your Dad’s shadow. To be honest with you the only person who can truly answer that is Shane. It will always be in his blood to be in the business, whether or not he ever comes back. I don’t know, I couldn’t tell you. But he’s one of those guys that truly loves the business, he loved everything about it but maybe it was something he had to prove to himself.

How did the Mean Street Posse end up getting trained to wrestle and put into the developmental system?

At the time Dr. Tom [Prichard] was scouting talent and living in Stamford and it was like a toned down version of what they do on Breaking Ground, it wasn’t as intense it was just about the wrestling aspect. When he didn’t have anybody to train he was working just with us and God Bless Him because we gave him a few potatoes and I know we hurt him a couple of times but he was great to us. We learned from him at the studio and we were training every day after work and as time went on the office said we need to get you more matches so we are going to send you to Memphis to do TVs and you are going to fly back to Memphis on Wednesday’s and do shows with the developmental program.

Did he like the pro wrestler lifestyle?

I could honestly tell you that I woke up every single day jumping out of bed and I truly mean that with all my heart. I would jump out of bed and say I cannot wait to find out what I was going to be doing today. It was new, it was exciting and to live that lifestyle and I see how people get worn out and are beaten down because of the job but I guess it is the individual because for me I absolutely loved it, loved the attention, I always loved giving autographs and helping people out. Whether it was charity or going to a hospital whatever the case was I enjoyed it. The wrestlers that are upset, those guys didn’t have it like Rodney and me had it. Rodney and I never got to win a match. We never got the shine in a match we basically just got our asses kicked and I loved every bit of it.

In the full interview, he also talks about Pete his feud with Pat Patterson and Gerald Brisco, meeting Shane McMahon, getting cut by WWE, and more.

Daniel Bryan Reveals Who He Was Originally Scheduled To Face At WrestleMania 30

Promoting SmackDown moving to Thursday nights, Daniel Bryan spoke to Joshua Stewart of NewsDay.com. During the interview, Bryan reveals that he was originally not scheduled to compete in the main event of WrestleMania 30. Rather, he was supposed to face Sheamus in the fifth or sixth match on the card.

“I can tell you 100 percent for a fact that I was not supposed to be in the main event at WrestleMania 30,” Bryan said. “That is one of the coolest things about WWE and wrestling in general. The fans have this very unique voice, and this very unique power, and in no other sport and no other form of entertainment can the fans make their voices heard and it affect change.”

Bryan also talked about believing that his neck injury may end his wrestling career, the sessions that fixed him and more. The full article is available here.

Randy Savage Reportedly Set For WWE Hall of Fame Induction, Nikki Bella Reacts To Raw

– There has been a lot of talk behind the scenes in WWE over the past couple weeks regarding “Macho Man” Randy Savage being inducted into the WWE Hall of Fame this year.

During an interview with Steve Austin last month on the WWE Network, WWE Chairman and chief executive officer Vince McMahon said that the legendary wrestler will be inducted into the WWE Hall of Fame. Although McMahon revealed during the podcast that Savage will receive an induction at some point, he did not say exactly when the former WWE Champion will receive the honor.

– As seen last night on Raw, Natalya rode a distraction from Paige and defeated Nikki Bella in a reverse of last week’s result, Paige then ran to her Total Divas castmate’s aid and saved Natalya from an after-the-bell ambush by the Divas Champion. Tonight on WWE Main Event, Paige will square off with Nikki in a non-title match. Following last night’s events, Nikki offered her thoughts via Instagram.

She wrote, “As I have had time to think.. To get lost in my thoughts.. Last night on RAW was a disgrace. A kick in the face is a lack of respect. It’s a dishonor to your champion, to your Queen. If you don’t have the WWE Network I suggest you get it bc tonight I will destroy PAIGES of what I thought was my next chapter. Main Event just got heated up. It just got FEARLESS! #FearlessNikki #MainEvent #RackAttack @wwe.”

WWE officials concerned with Roman Reigns’ lack of crowd reaction – details

Video: Hulk Hogan Says He’s Training To Main Event WrestleMania

WWE Hall of Famer Hulk Hogan continues to tease that he’s gearing up for a match at WrestleMania 31 on March 29, 2015. WWE hosted a WrestleMania 31 kickoff event on Friday night at Levi’s Stadium in California, with Hogan taking questions from the fans in attendance.

When asked by a fan if we’ll see Hogan wrestle again, he jumped right into hype mode, stating that he’s training like he’s got a WWE title match coming up, brother.

“Here’s the deal, brother. A very wise man once told me a long time ago – and that wise man was Vince McMahon – and he said, ‘Never say never.’ Right now, I’m back on my feet. I had a bunch of surgeries, a bunch of ‘whoa is me’ stuff, got back on my feet, and then training like I’m training for the WWE Title right now.

“It could happen at any time. Whether it’s a retirement match, whether it’s the beginning of the run, whether it’s a WWE Title spot – a chance to win the title. I’m getting ready like I’m the main event in this place. So, never say never, brother. You never know what’s going to happen.”

Press Release: Official Details Regarding Launch Of New WWE Logo

WWE issued the following press release:

STAMFORD, Conn. – WWE today announced it has officially changed its corporate logo to convey a more contemporary, bold and powerful image while maintaining the iconic “W,” which has been a part of the company’s long-storied history. The logo, originally designed for WWE Network, will become the beacon of sports-entertainment and will represent the brand as it continues to bring together a passionate, diverse and global fanbase with a unique blend of live action, excitement and drama.

“We are excited to launch a new logo that reflects the evolution and future of WWE’s global brand,” said Chief Brand Officer Stephanie McMahon. “While we usher in a new iconic brand identity, WWE’s best-in-class entertainment, which has stood the test of time for the past 50 years, will continue to reward our fans’ passion with our exciting blend of unique characters, incredible athleticism and engaging storylines.”

The new logo was unveiled on Twitter today by Vince McMahon, Chairman & Chief Executive Officer, WWE, at the company’s headquarters in Stamford, Conn. Fans will begin to see it during SummerSlam, this Sunday, August 17, live on WWE Network and pay-per-view as the logo is rolled out across all platforms including live and televised entertainment, consumer products, digital media and WWE Studios.

Celebrities Join WWE In Creating Star Alliance For Anti-Bullying

The following was issued today:

FLORIDA GEORGIA LINE, TRAIN, FLO RIDA, SHARON OSBOURNE, OMAR EPPS AND CHELSEA HIGHTOWER

JOIN WWE® AND THE CREATIVE COALITION TO STOP BULLYING

STAMFORD, Conn., August 14, 2014 – The Creative Coalition and WWE (NYSE:WWE), co-founders of the Be a STAR (Show Tolerance And Respect) anti-bullying initiative, today announced the launch of the S.T.A.R. Alliance, a group of actors, musicians, comedians, athletes, television personalities and members of The Creative Coalition, who have joined together to help put an end to bullying.

Members of the S.T.A.R. Alliance will join WWE Chief Brand Officer Stephanie McMahon, WWE Superstars such as Big Show®, The Miz® and Mark Henry, and The Creative Coalition to spread the Be a STAR message of showing tolerance and respect to help combat bullying, reaching more than 400 million social media followers combined. Select S.T.A.R. Alliance members will also participate and share their stories at Be a STAR anti-bullying rallies across the U.S., including this week in Los Angeles as part of WWE’s community outreach events during SummerSlam® Week.

“The mission of the S.T.A.R. Alliance is to use pop culture’s most influential voices to help eradicate the raging bullying epidemic plaguing America’s schools,” said Robin Bronk, CEO of The Creative Coalition. “We are delighted to partner with WWE to bring these powerful and inspirational voices of the entertainment industry to encourage children to be participatory in standing up to bullies.”

“WWE is proud to help bring together a diverse group of international celebrities who all share the vision to stop bullying forever,” said Stephanie McMahon, Chief Brand Officer, WWE. “Through the joint efforts of WWE, The Creative Coalition and the S.T.A.R. Alliance, we hope to reach millions of young people and provide them with the knowledge and resources they need to help put an end to bullying in their communities.”

Be a STAR is an anti-bullying initiative co-founded in 2011 by The Creative Coalition and WWE. Its mission is to encourage young people to treat each other with tolerance and respect through education and grassroots initiatives. WWE and The Creative Coalition leverage the power of The Creative Coalition’s entertainment industry constituencies and WWE’s global brand and platforms to help combat the bullying epidemic plaguing today’s youth.

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  • New York Based Company Buys 4% Of WWE, Biggest Non-McMahon Ownership

    Eminence Capital, a hedge fund, has bought 9.6 percent of WWE’s available stock, which is essentially stock not owned by the McMahon family, so it’s closer to four percent of the company itself, making them the biggest non-McMahon shareholder.

    The New York-based company is best known for a successful campaign as stockholders that merged Men’s Warehouse and Jos. A Bank, which earned them a handsome profit.

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    (Partial Credit: Wrestling Observer Newsletter)