WWE Chairman and CEO Vince McMahon continues to sell off more of his WWE stock. In November McMahon sold 306,000 shares of company stock in which he made $22,866,523.61 from the sale.
McMahon's current WWE stock holding stands at 31,887,375, and at the current price of $73.59 per share he would have a combined value of $2.4 billion.
It is believed McMahon is selling to stock to help fund his XFL relaunch in 2020, McMahon previously sold $100 million worth of stock in order to fund Alpha Entertainment, his new company which will back the XFL.
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