[heyman deciple]

- Vince McMahon has signed a new contract with WWE. The employment contract is effective for three years from January 1st, 2011, with additional year extensions unless he or the company decide not to extend.

Vince will serve in his current roles as Chairman and CEO, as well as Creative Director, writer and performer. He'll get a yearly salary of $1,100,000 and will be entitled to receive an annual bonus target of 100% of base salary depending on performance. He'll have access to the company aircraft for personal time if it's not in business use at the time, along with immediate family members, and gets four weeks paid vacation. He has a one-year no-compete clause.

Credit: PWInsider

 

[Cynic]

I know it's a publicly traded company, but the thought of Vince even needing a contract is kind of amusing.

And :lmao at the no-compete clause, as if Vince might go to TNA.

 

[Les Turrey]

Vince will serve in his current roles as Chairman and CEO, as well as Creative Director, writer and performer. He'll get a yearly salary of $1,100,000 and will be entitled to receive an annual bonus target of 100% of base salary depending on performance. He'll have access to the company aircraft for personal time if it's not in business use at the time, along with immediate family members, and gets four weeks paid vacation. He has a one-year no-compete clause.

Credit: PWInsider

I hope objectivity will reign supreme there.

 

[BambiKiller]

I'm sorry but am I the only person who finds it absolutely hilarious that he has a contract with his own company?

 

[Carcass]

At first I thought this was a joke thread. LOL @ the no compete clause.

 

[Yuffie Kisaragi]

Wait, if Vince has a contract that means he can fire himself.

Maybe instead of blowing up his limo or being crushed by a big tron he will fire himself at the end of one of their 3-Hour events

 

[Cynic]

I'm sorry but am I the only person who finds it absolutely hilarious that he has a contract with his own company?

I thought the same thing, but then remembered the company is publicly traded, so it's technically controlled by a board and not by Vince, making the contract necessary. Vince's power comes through being the majority shareholder.

 

[TNAWCW4LYF]

ahh its all bullshit just probably to save on costs/taxes etc just some dodgy bullshit to save money thats all

 

[PhilThePain]

Wait, if Vince has a contract that means he can fire himself.

Maybe instead of blowing up his limo or being crushed by a big tron he will fire himself at the end of one of their 3-Hour events

I'M FIRRRRRRRRRRRRRRRRRRRRRRRED!

 

[Mr.King]

YOURRRRRR FIRRRRRRED. Vince says this to himself one day and lol a contract with his own company

 

[lic05]

There goes the Vince joins Fortune storyline ...

 

[bjnelson19705]

There goes the Vince joins Fortune storyline ...

I don't think God and the Devil won't get along well.

 

[heyman deciple]

My question is even though this is an employment contract, does Vince consider himself an Employee or an Independent Contractor?

 

[Mr Nice Guy]

If he's under contract then does he submit to wellness tests? I bet he has a 30 day suspension coming up.

 

[obby]

The Owner of the company has a contract? What the fuck? Who the hell could possibly regret to inform us that Vince Mcmahon has been released, and that they wish him luck in future endavours?

 

[Yuffie Kisaragi]

The Owner of the company has a contract? What the fuck? Who the hell could possibly regret to inform us that Vince Mcmahon has been released, and that they wish him luck in future endavours?

I guess there really is a "Higher Power"

 

[rockstar2]

Vince will serve in his current roles as Chairman and CEO, as well as Creative Director, writer and performer.
Credit: PWInsider

O well expect more of the same crap we have been watching over the last couple of years...

 

[Hotdiggity11]

There goes the Vince joins Fortune storyline ...

RATINGS!!!

 

[Dub]

WHAT!what an idiot, he should have gone to TNA, because its blood and sex and shit.

 

[Jaycee230]

Well thank god we wont be losing vince for a good 3 years! i dont know what the company would be like without a CEO... bring in trips!