Outline · [ Standard ] · Linear+ HUGE WWE NEWS..........., Shane McMahon Resigns !!!

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In a shocking and unexpected move, Shane McMahon has tendered his resignation to WWE effective at the end of the year. WWE issued the following Press Release today:


STAMFORD, CT – Shane McMahon, Executive Vice President of Global Media, announced today he has tendered his resignation effective January 1, 2010.

Shane stated, “It has been an incredible experience to help build WWE® into a global phenomenon. However, having been associated with this organization for the majority of my life, I feel this is the opportune time in my career to pursue outside ventures.”

“Even though I am personally saddened by Shane’s decision to leave the company, I am proud of the enormous contributions he has made. He will unquestionably bring passion, commitment and extensive business experience to any endeavor he pursues,” said Vince McMahon, WWE Chairman and CEO.

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Shane has just issued the following statement online via wwe.com :

It is with great sadness that I announce my resignation from the WWE, effective January 1, 2010.

I have never even considered a future outside the walls of the WWE. However, sometimes life takes an unexpected turn and while it is the most difficult decision I have ever made, it is time for me to move on.

First and foremost, I would like to thank my father for the incredible education working with him has provided and for giving me the opportunity to play a role in building WWE into the global phenomenon that it is today. I am extremely proud to have been the 4th generation in this business, and I am grateful for everyday I was able to work along side not only my own, but the entire WWE family.

Thank you to all of the WWE Superstars both past and present for your passion, pride and dedication. You are truly the engine of the organization and it has been a pleasure to work with, learn from and get to know all of you. Thank you for the privilege of sharing the stage with you and for allowing me to become but a momentary member of your elite brotherhood. I have so much appreciation for the many sacrifices you endure, both physically and personally, to make this business the success that it is. The respect I have for each of you is immeasurable.

Finally, there are no words to express my gratitude to WWE fans the world over for supporting this company through good times and bad and for your unbridled passion that fuels the Superstars’ performances. I am profoundly grateful to have been able to entertain you both in front of the camera and from behind the scenes. You are the greatest fans in the world.

I will always love this business and will remain a fan forever.

Shane

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Personally, in my opinion, he has never been given the position of power, and possibly the respect, that he deserved in the company. People in WWE have always described the McMahon family dynamic as being that Vince and Stephanie are very much alike while Shane and Linda saw things the same way. Vince and Stephanie are described as being loud, bold, dominating, frenetic, sometimes "disrespectful in the heat of the moment", in-your-face types. Shane and Linda are said to thoughtful, nice, reserved, more like professional business people in that they do things through channels and don't lash out at people, scream profanity when agitated or raise their voices. It's pretty clear that Shane took after his mother, which is probably why his sister managed to seize control of the creative end of the company even though he is much older than her.

There are other things that have gone on over the years which, if it were me, would have made me want to branch out on my own too if I were Shane.

* It's well known that Shane wanted to push ECW as its own brand, a real and different brand that didn't follow Vince and Steph's vision of the business, when the company was resurrected. Vince and Stephanie had different ideas and we have all seen what the result was.

* Shane has wanted to move into MMA for years now, only to be rebuked by his father. It would not shock me to see him make a move in that direction now. If he were to do so, he would have no choice but to cut ties with the "it's fake" WWE because the MMA community would never accept a WWE-backed company as being legitimate.

* His main ally, Linda, is currently off seeking the Republican Senate nomination from the state of Connecticut. That puts him in a one-on-two situation in dealing with Steph and Vince. That can't be a fun thing for him.

* And of course, there is Triple H, who a vast number of people have told me Vince treats as if he is his son, some say at Shane's expense.

* Plus, everything he does for WWE will be done in the shadow of his father. If he doesn't agree with the way things are being done, that can be a bitter pill to swallow.

When you look at those factors, it makes Shane's decision less surprising. Also, let's be real here. He still owns a nice chunk of WWE stock, he has made a lot of money of the years and his wife comes from a wealthy family. It's not like he is going to have to take shifts at the Home Depot any time soon. He has financial security and that makes it easier to make a move like this.

But still, him walking away from his own business tells me that for whatever reason, he has had enough of what is going on in WWE. Maybe he doesn't like the creative direction of Raw. Maybe he doesn't like dealing with his father and sister. Maybe he just wants to try something outside of what has been his comfort zone all of the years. Whatever the case, a member of the first family of wrestling has chosen to walk away from the family business. I wish him the best in whatever he has planned. Hey, maybe he wants to walk in his father's footsteps and start his own national wrestling company. Wouldn't that be a kick in the grapefruits?

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Man I hope this is not just another Angle to sell tickets...

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Personally, in my opinion, he has never been given the position of power, and possibly the respect, that he deserved in the company.

IMO, that is the main reason. In fact, it wouldn't surprise me if he was "pushed" out abd allowed to "quit" to save face.

1st Linda and now Shane...hmmm...soon to be named VP HHH.