Vince McMahon, the former CEO of WWE, has made a significant move by selling a large portion of his stock in TKO Group to Endeavor Group Holdings. This decision was finalized on June 3, 2025, when Endeavor Group Holdings, now known as WME Group, purchased 1.579 million shares of TKO’s Class A common stock from McMahon in a private transaction. The per-share price was set at $158.32, resulting in an aggregate consideration of approximately $250 million. The transaction was completed on June 4, as reported in an SEC filing.
With this acquisition, Endeavor Group now holds a majority stake in TKO, owning 61.7% of the company’s outstanding stock. This move comes after Endeavor/WME Group went private in a $25 billion deal with private-equity firm Silver Lake earlier this year.
Prior to this transaction, McMahon held around 8 million TKO shares, representing a 9.8% economic stake in the company with a voting power of 4.1%, according to TKO’s most recent 10-K filing. McMahon’s total sales of TKO shares now exceed $2 billion, including previous transactions with TKO and Endeavor totaling $311.2 million in April 2024.
McMahon’s involvement with TKO Group saw him join the board of directors, but he resigned from his position in January 2024 amidst allegations of sexual assault and sex trafficking brought forth by a former WWE employee in a civil lawsuit. McMahon has vehemently denied these claims.
The sale of McMahon’s stock to Endeavor Group Holdings marks a significant development in the ownership structure of TKO Group and underscores the evolving landscape of the entertainment industry. As the industry continues to adapt to new challenges and opportunities, stakeholders like McMahon and Endeavor are making strategic moves to position themselves for success in the future.
