WOL Saturday: New court documents focus more on Vince McMahon’s alleged misconduct than valuation & revenue

TKO
The scene at the NYSE when TKO was officially born in September 2023. (Image credit: WWE)

It’s the Saturday Wrestling Observer Live with Jim Valley.

Are Janel Grant and her accusations ultimately responsible for the TKO merger of Zuffa and WWE? That appears to be at the heart of the case made by the plaintiffs in the WWE shareholders’ lawsuit. Documents made public for the first time offer insight into events surrounding the merger and the opening arguments for attorneys representing WWE shareholders.

While the trial that was scheduled to start Monday is now off the calendar, thousands of pages of depositions, text conversations, and other documents unsealed before trial offer a window into how the deal allegedly came together.

On this episode, I will try to explain why the lawsuit is, or was, about more about behavior than numbers, stocks and balance sheets.

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