Vince McMahon Is Very Upset
It’s been a very tough year for WWE Chairman Vince McMahon in 2012. Let’s take a look back at some of the things that have saddened him over the past 12 months.
Things seemed to be looking up for the company with heavy promotion of WrestleMania 28 under way. The dream match of The Rock vs. John Cena went off with a bang and it earned the biggest PPV buy-rate in North American professional wrestling history. Not to mention the debut of Brock Lesnar on Raw the very next night helped maintain interest. Lesnar went on to face Cena at Extreme Rules.
It wasn’t until The Rock left for Hollywood again and Lesnar’s departure as well did things start to dwindle. The TV ratings started to tank and the company hadn’t created its next big star yet. Although McMahon was looking forward to the Raw 1000th episode in July that year.
The 1000th episode of Raw marked the beginning of making the show 3 hours each and every week. McMahon was optimistic that the extra TV time will make the show more exciting. Little did he know that his plan backfired as Raw hasn’t seen low ratings since 1997. Now it is December and the ratings haven’t improved.
Another thing that has made McMahon very upset in the amount of money his wife lost spending it all on her unsuccessful senate campaign. She spent $50 million on her run in 2010, and another $40 million to try again in 2012. In total, she lost $90 million on two unsuccessful campaigns.
The last thing that has made him furious is the recent bankruptcy of THQ. THQ has published all of the WWE video games since 1999, but has now filed for bankruptcy. It’s possible Ubisoft will buy its assets, although THQ still owes the WWE $45 million.
McMahon had better pray for a better 2013. 2012 had its positive moments, although the latter parts of the year have been nothing but pretty bad for the Chairman.