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JANUARY 2016 WRESTLING DISCUSSION


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Wrestling marks are like soap opera marks--each are so devoted to their favorite pastime that boundaries become invisible.  Actors getting hate mail because they cheated on a spouse or took their mother's company.  It's not as bad as it used to be, but the residual effects linger.

 

Not sure how that happens in 2016 however infrequent, but here we are.

 

For a while there, the real lives of the Eastenders cast were more of a soap opera than actual Eastenders was. But yeah, soap opera heels do complain about getting verbals in the street and that... in a medium that actually has an end credits listing what actor played what role.

 

Someone put together a RAW end credits video and post it on the youtube, it'll be funny. Starring Vince K McMahon, as Mr McMahon, Joe Anoai as Roman Reigns, Stephen Farrelly as Sheamus, all of that. Directed by Kevin 'Damn' Dunn. It'll get taken down pretty quick, but it'll be fun while it's up.

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

Don't be so obnoxious. You really think it's outside the realm of possibilty that someone who doesn't watch Raw would see a mug shot of Stephanie and automatically assume it's legit, or at least suspect that it might be legit? It's not like the WWE or her family have squeaky clean reputations. Sure, it's easy to explain away if it comes up, by why go through all the hassle if you don't need to?

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

Don't be so obnoxious. You really think it's outside the realm of possibilty that someone who doesn't watch Raw would see a mug shot of Stephanie and automatically assume it's legit, or at least suspect that it might be legit? It's not like the WWE or her family have squeaky clean reputations. Sure, it's easy to explain away if it comes up, by why go through all the hassle if you don't need to?

 

 

I definitely do think it is outside the realm of possibility that WWE's corporate business partners would assume it was legit.

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

 

When Vince McMahon was killed off, they had to issue a press release/hold a conference call to explain to investors and partners that Vince McMahon, the person, hadn't died because people were freaking out, IIRC.

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Yeah, just a pre-show ad for the new Doraemon movie. I really wish I spent some of the holidays catching up on New Japan. As is, I haven't watched anything since Destruction in Okayama and the Naito/Shibata match from Kobe.

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

 

When Vince McMahon was killed off, they had to issue a press release/hold a conference call to explain to investors and partners that Vince McMahon, the person, hadn't died because people were freaking out, IIRC.

 

 

When they pretended that Vince had sold RAW to Donnie Trump, the stock took a big hit because people who owned stock thought it was legit, and figured Trump doesn't know how to run a business.

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

 

When Vince McMahon was killed off, they had to issue a press release/hold a conference call to explain to investors and partners that Vince McMahon, the person, hadn't died because people were freaking out, IIRC.

 

 

When they pretended that Vince had sold RAW to Donnie Trump, the stock took a big hit because people who owned stock thought it was legit, and figured Trump doesn't know how to run a business.

 

 

I thought it crashed not because of Trump's involvement but because investors believed that the WWE legit sold off their highest rated show to another company. The WWE panicked and put out that press release saying "no no it's all a storyline, we still own everything" and the next week they did that thing with Vince buying RAW back at twice the price he sold it for. It's a shame because I would have loved to have seen where Trump RAW would have gone.

 

THIS IS A CLASSY OPERATION. WE'RE GONNA HAVE GOLD ROPES. GOLD MATS. GOLD EVERYTHING. IT'S GONNA BE BIG. REAL BIG.

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

 

When Vince McMahon was killed off, they had to issue a press release/hold a conference call to explain to investors and partners that Vince McMahon, the person, hadn't died because people were freaking out, IIRC.

 

 

When they pretended that Vince had sold RAW to Donnie Trump, the stock took a big hit because people who owned stock thought it was legit, and figured Trump doesn't know how to run a business.

 

 

I'm going to assume you mean "wrestling business". Of course,  people that own McMahon stock and would be worried some guy names Trump doesn't know how to run a business is gold, too.

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

 

When Vince McMahon was killed off, they had to issue a press release/hold a conference call to explain to investors and partners that Vince McMahon, the person, hadn't died because people were freaking out, IIRC.

 

 

When they pretended that Vince had sold RAW to Donnie Trump, the stock took a big hit because people who owned stock thought it was legit, and figured Trump doesn't know how to run a business.

 

 

I'm going to assume you mean "wrestling business". Of course,  people that own McMahon stock and would be worried some guy names Trump doesn't know how to run a business is gold, too.

 

 

Vince took a regional company with no real media presence (outside of local syndicated television) and made it into a global conglomerate with enough diversified media holdings that it can remain profitable even when its main business tanks. Trump inherited his dad's real estate empire and filed bankruptcy four times. There is a fair argument that Vince is a better businessman than Donald Trump. 

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

 

When Vince McMahon was killed off, they had to issue a press release/hold a conference call to explain to investors and partners that Vince McMahon, the person, hadn't died because people were freaking out, IIRC.

 

 

When they pretended that Vince had sold RAW to Donnie Trump, the stock took a big hit because people who owned stock thought it was legit, and figured Trump doesn't know how to run a business.

 

 

I'm going to assume you mean "wrestling business". Of course,  people that own McMahon stock and would be worried some guy names Trump doesn't know how to run a business is gold, too.

 

 

Vince took a regional company with no real media presence (outside of local syndicated television) and made it into a global conglomerate with enough diversified media holdings that it can remain profitable even when its main business tanks. Trump inherited his dad's real estate empire and filed bankruptcy four times. There is a fair argument that Vince is a better businessman than Donald Trump. 

 

 Go ahead and make the case, not my argument.  The dude is worth 4.5 B, my point is anyone afraid that he doesn't know how to run a business is probably not a wall street wizard with the stock stuff.

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I'm guessing they were more worried about potential business partners who aren't smartened up.

Who isn't smartened up to pro wrestling in 2016? Especially BUSINESS partners? Lol

 

When Vince McMahon was killed off, they had to issue a press release/hold a conference call to explain to investors and partners that Vince McMahon, the person, hadn't died because people were freaking out, IIRC.

 

 

When they pretended that Vince had sold RAW to Donnie Trump, the stock took a big hit because people who owned stock thought it was legit, and figured Trump doesn't know how to run a business.

 

 

I'm going to assume you mean "wrestling business". Of course,  people that own McMahon stock and would be worried some guy names Trump doesn't know how to run a business is gold, too.

 

 

Vince took a regional company with no real media presence (outside of local syndicated television) and made it into a global conglomerate with enough diversified media holdings that it can remain profitable even when its main business tanks. Trump inherited his dad's real estate empire and filed bankruptcy four times. There is a fair argument that Vince is a better businessman than Donald Trump. 

 

 Go ahead and make the case, not my argument.  The dude is worth 4.5 B, my point is anyone afraid that he doesn't know how to run a business is probably not a wall street wizard with the stock stuff.

 

 

Terrible way to estimate business acumen. Trump is worth $4.5 billion but he has had far more business failures than Vince and is prone to making incredible gaffes that make his business a risk to invest in. 

 

Consider: I have two options, WWE vs. Trump (Trump isn't publicly traded so bear with me, there's some speculation here)

 

WWE is a fairly safe stock. Its price has remained steady for the past 15 years, you won't make a lot of money but you also won't lose your ass. While WWE's core business is wrestling, it has diversified and created profitable (or at least not money bleeding) ventures in movies and other forms of entertainment. They have a successful in-house merchandising wing as well as lucrative deals in place with 2K Sports and Mattel. While there are some notable failures, namely the XFL and WBF, they weren't so spectacular that they dramatically affected the bottom line in the long term. The XFL probably Vince's biggest blemish. All of these however point to competent business leadership. 

 

In regards to Vince himself, he is the legal founder of the company. WWE, Inc. is the legal successor to Titan Sports, which purchased the WWWF from Vince Sr. When Vince bought the WWWF, it was a successful regional company in perhaps the largest market in the country. However, Vince was able to go out into the uncharted waters of territorial expansion, broker deals with NBC, MTV, Acclaim video games, LJN, CBS, Epic Records and other media companies to take his company national. He literally reshaped his entire industry and took professional wrestling places it had never been before. If I'm an investor, I see Vince as a risk taker but not a stupid risk taker. He knows how to broker deals that break down barriers for his company. He seems like someone who won't do something outrageously stupid on the business end. He's a safe person to have in charge. 

 

Trump:

 

Where do I begin? While Trump is wealthier that Vince, owing in large part to a substantially better head start, he has taken a lot of risks and had a lot of failures. The bankruptcies would loom large to any potential investor as a bankruptcy would tank the price of the stock and make you lose your ass. There's also the fact that he tends to ruin business deals by making very public gaffes. For example, earlier this year, his comments caused him to lose the Miss Universe pageant, itself a very lucrative property. When you can't trust that the CEO won't damage your bottom line, you have a problem. For as much as we all like to pretend that Vince is a gaffe machine, he's usually pretty polished in corporate environments and isn't prone to insulting entire races of people. 

 

You can point a long list of Trump failures: Trump Airlines, Trump Casinos (which just filed bankruptcy in 2014), Trump University and the list goes on. Trump takes big risks and often has big failures.

 

---

 

If I'm an investor in WWE, I am angry if Vince sells a large portion of stock to Donald Trump. If I'm an investor in WWE, I likely want a safe stock, which WWE is. No one who invests in WWE is expecting to make it rich and it's probably a small part of their portfolio. If Trump owned a large part of WWE and had any operational control, I would be very worried based on his track record. 

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