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Shane MchMahon Exits WWE



sg_shanemcThe balance between real life and make-believe has always seemed precarious in the headquarters of World Wrestling Entertainment. From a Senate run to wrestler deaths, the WWE manages to stay in the news. This time it’s for something that has to do with the back-end business rather than breaking tables on some poor sap’s back.

In a press release from World Wrestling Entertainment, effective January 1st, vice-president of global media Shane MchMahon, in a surprise move, has tendered his resignation from the organization. “It has been an incredible experience to help build WWE into a global phenomenon,” Shane McMahon said. “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.”

WWE chief operating officer Donna Goldsmith will take on McMahon’s responsibilities in an interim capacity until a decision is taken on whether or not to appoint a successor.

The 40-year-old Shane is son to chairman and WWE CEO Vince McMahon. “Even though I am personally saddened by Shane’s decision to leave the company, I am proud of the enormous contributions he has made,” said the elder McMahon.

According to F4WOnline.com, McMahon’s friends were largely caught off-guard by his resignation announcement, and no one presently knows what his next step will be.

Some sources believe Shane will be involved in some capacity with UFC. A known fan of mixed-martial arts, he attempted to broker a deal between the WWE and the now UFC-owned MMA.  The deal was halted by Chairman McMahon who considers the rising popularity of the sport to be a “fad” with no long-term prospects.

Last month Vince McMahon stepped into the CEO role which was vacated by wife Linda McMahon who is gearing up for U.S. Senate run in Connecticut. Mrs. McMahon’s GOP bid is expected to “throw a big wrench into the race against Sen. Chris Dodd (D-Conn.) simply by virtue of her ability to spend potentially tens of millions of dollars of her own money on the race.” McMahon has been an active supporter of GOP causes and politicians. Many believe that Shane did not leave WWE to assist in running his mother’s Senate campaign.

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