Vince McMahon Sells $311 Million in TKO Stock to TKO, Endeavor

The sale is part of McMahon's ongoing divestment from the company, amid allegations of sexual assault and sex trafficking.

Vince McMahon has sold $311.2 million worth of TKO Group Holdings stock in two separate transactions, with TKO and Endeavor as the buyers.
The transactions, involving the sale of 1.85 million shares to TKO and 1.64 million shares to Endeavor, are part of McMahon's continued divestment from the company.
McMahon, who resigned from TKO Group in January amid allegations of sexual assault and sex trafficking, has now earned about $1.5 billion from TKO stock sales.
The stock repurchases by TKO and Endeavor will slightly increase Endeavor's ownership stake in TKO Group Holdings.
WWE's WrestleMania 40, held this weekend, marked the highest-selling single night in WWE history and the first WrestleMania of the Paul Levesque era.