Vince McMahon Comments on Possible Financial Ramifications of Hogan Firing, Update on Bully Ray Leaving TNA, WWE Stock Soars

July 30, 2015

Vince McMahon Comments on Possible Financial Ramifications of Hogan Firing

Vince McMahon participated in a WWE second quarter conference call today, and during the call Vince was asked several questions about WWE’s current financial state.

One of the questions specifically pertained to Hulk Hogan’s firing, and how it might impact the company due to his merchandise sales. Vince answered by saying Hogan’s firing has “no material effect on them.”

Update on Bully Ray Leaving TNA

As noted, despite being named the new authority figure in TNA, Bully Ray is already finished with the company because he had only signed a per-show deal with TNA which allowed him to leave anytime he wanted to.

According to The Wrestling Observer, it’s very likely we will see more cases like this in TNA, as the company is not signing many talents to long-term deals, but instead per-appearance deals. TNA is also not signing many talents to deals in which TNA is the first priority.

WWE Stock Soars

Following the release of today’s second quarter earnings report, WWE stock is currently up 18.69%, trading at $19.54 per share.

Nick was born and raised in Detroit, Michigan, and lived there until the age of 18, when he decided to pack his flack jacket and move to New York City.

Nick attended New York University and graduated in 2001 with a degree in Drama.

Nick first entered the internet wrestling community back in 2004 when he became the co-host of The Voice of Wrestling Radio Show. From there, Nick made the transition from radio personality to editor when he began working with WrestleZone in 2008.

Nick is a member of two Off-Broadway theatre companies, Another Urban Riff, and the Drama Desk Award winning Godlight Theatre Company. Nick has appeared in over a dozen Off-Broadway plays since he moved to New York City, and has shot several short and feature length films. In 2010, he completed principle photography on a film titled "How to Score Your Life," which also features TNA Knockout ODB.

Inspiration in his life has come from many people including his family, Woody Allen, Steven Spielberg, Jack Nicholson, The Beatles, and of course, Lassie.