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Endeavor-WWE Acquisition Deal Reached on Night 1 of WrestleMania 39 in Los Angeles

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Joe Otterson TV Reporter In a storyline worthy of the finest pro wrestling angles, the McMahon family’s nearly complete control of WWE is coming to an end after seven decades.

That is not to say there will no one within the McMahon family at the helm of the sports entertainment juggernaut. With the announcement that Endeavor Group is purchasing WWE and combining it into a new company with the UFC, it was revealed that Vince McMahon will be executive chairman of the board of the new entity.

In addition, Paul Levesque — known to fans as Triple H and also McMahon’s son-in-law — will stay on as chief content officer, a role he assumed in September 2022.

But no longer will the WWE be the family-run business that WWE and its predecessors have been since McMahon’s father and grandfather began promoting professional wrestling in New York in 1953.

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