Vince McMahon’s becoming the executive chairman of the board of the newly merged WWE-UFC company is the climax of more than one story with a lot of twists and turns.
The big story, of course, is that McMahon, the most powerful player in pro wrestling for the past four decades, gave up his financial control of a company that dates back to his father’s Capital Sports Corporation that started running in the early 1950s.
The new company will be headed by Ari Emanuel, whose Endeavor purchased UFC in 2016 for $4.2 billion.
