Wednesday, January 5, 2011

Vince Mcmahon: A One Man Show!!!


Well Hello, Happy New Year 2011!! I hope everyone has had a great and happy Holiday's this past weekend. Today i'd like to talk about a topic that i posted last year, and has brought a little light about what i was talking about, That topic is about Vince Mcmahon and the state of what his responsibilities are. Recently i got some info on Vince's New responsibilities and it is as follow's.


- A new "employment agreement" Vince McMahon and World Wrestling Entertainment went into effect on January 1st and will run for three years until December 31, 2013. According to the official SEC Filing posted at WWE.com, McMahon's new role in the company is as follows: "In addition to his duties and responsibilities as Chairman and Chief Executive Officer of the Company, the Executive shall serve as the Company’s creative director, and as a writer, and performer at various times for and in the Company’s events and productions." The three-year deal gives McMahon generous compensation if he is terminated "other than for cause" or leaves on his own accord with "good reason." It also includes a 1-year no compete clause in the event that his agreement is terminated.


Now what a delema.. Vince Mcmahon has alot of work ahead of him, a One Man Show. But The question i'd like to know is why does he have to have all of these responsibilities, when he has all of these worker's working for him? Did the WWE do any Budget Cuts which involved getting rid of some people in Personel. is Vince mcmahon really doing this alone???? only time will tell!!!

2 comments:

  1. i 100% agree, plus he lost his wife getting invole in the process behind closed doors.

    ReplyDelete