American professional wrestling promoter, CEO, and media mogul Vince Kennedy McMahon is retired. Up until 2022, he presided as chairman and CEO of WWE, the biggest professional wrestling organization. He founded and owns Alpha Entertainment as well.
Vince McMahon: Net Worth, Salary, Contract, Career Earnings, Endorsements
| Net Worth: | $2.4 Billion |
| Salary: | $9 Million+ |
| Contract: | $1,400,000 |
| Career Earnings: | $100 Million+ |
| Endorsements: | Rock concerts and more |
| Last Updated: | July 2022 |
Vincent Kennedy McMahon is a retired American professional wrestling promoter, executive, and media proprietor. He made a good fortune over the course of his career. So, let’s take a look at his income details and career earnings at the time of retirement!
Net Worth:
As of 2022, Vince McMahon has a net worth of 2.4 billion USD.
With a net worth of $2.4 billion, Vince McMahon is an American promoter of professional wrestling who also works as a commentator, film producer, and occasional wrestler. As the CEO of World Wrestling Entertainment, or WWE, Vince amassed wealth and notoriety. Vince McMahon made the announcement that he would leave WWE on July 22, 2022, in the midst of a sexual harassment scandal that is still ongoing.
Salary:
Vince McMahon earns an annual salary of more than $9 Million.
WWE Chairman Vince McMahon, who will turn 77 later this year, made $3.9 million in total as of 2022.
A $1.4 million base salary, $1.64 million in stock awards, $854,000 in incentives, and an additional $20,583 in other remuneration made up the total.
The Chairman and CEO Vince McMahon obtained a significant raise in base salary from $1.4 million in 2021 and the three years prior to $2 million for 2022, which is particularly interesting.
Contract:
When it comes to his talent leaving the company, Vince McMahon is renowned for taking great care. The WWE Chairman was so certain that The Undertaker would be kept on after his retirement that he extended a 15-year deal to The Deadman.
After his match against AJ Styles at WrestleMania 36, The Undertaker made his retirement announcement on the programme The Last Ride. The former WWE Champion had already made several retirement-related suggestions, but he didn’t actually hang up his boots until after his outstanding cinematic match against The Phenomenal One.
Our Chairman and Chief Executive Officer, Vincent K. McMahon, is covered by an amended and restated employment agreement under which we will pay him a salary of $1,400,000 per year for the remainder of 2021. He also has the right to take part in our management incentive plan, with a target bonus equal to 100% of base pay.
Career Earnings:
His total career earnings are $100 Million+.
As you are aware, Vince McMahon has a net worth of $2.4 billion. Nearly all of this money came from his firm, WWE, which not only promotes wrestling but also makes movies.
He recently signed a new contract with USA Network and Peacock, under which he would make over $3 billion over the next two years. He owns roughly 37% of the business, but if his wife, daughter, and son are counted, the ownership percentage rises to over 51%.
Endorsements:
- Rock concerts
- International Association of Arena Managers
- World Bodybuilding Federation (1990-1993)
- XFL
- WWE Network
- Donations to American Crossroads
- America Rising
- Donald J. Trump Foundation
- Vince & Linda McMahon Family Foundation Inc.
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