Mark Shapiro, COO of TKO, discusses Vince McMahon's exit from WWE operations, raising questions about the former CEO's future and legacy in the wrestling industry.

Former WWE Chairman Vince McMahon could be on his way to starting up a new entertainment venture in the midst of several legal woes. McMahon officially resigned from the company this January following his initial retirement that led to him eventually forcing his way back in on the Board of Directors.

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Despite no longer being affiliated with WWE, it appears Vince McMahon is still following the current product. TKO’s Mark Shapiro recently spoke with CNBC’s Alex Sherman. During the conversation, Shapiro revealed he recently had breakfast with Vince McMahon and that he “couldn’t have been more positive” regarding the current direction of WWE.

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Jim Ross recently discussed WWE's new "WWE ID" initiative, which contrasts Vince McMahon's historical reluctance to engage with independent wrestling. This program aims to connect with indie talent while allowing for flexibility without restrictive contracts.

Welcome to another episode of The Latest with Denise Salcedo breaking down the biggest wrestling news headlines of the week so far. TOPICS: –Legalized betting on WWE matches is ‘not happening’ — TKO exec recently met with Vince McMahon,

TKO Group COO, Mark Shapiro, says that former WWE Chairman of the Board Vince McMahon approves of the way WWE is headed, but that he never asks for McMahon's op

A day after TKO announced their quarterly earnings, one of the company’s higher-ups said in a new interview that he has been in contact with Vince McMahon and that the former chairman is positive about WWE’s direction.