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The guy is a capital D-Bag, but IMO it has nothing to do with the $$$ he makes. The owners pay him and apparently are satisfied with the job he is doing. That of course is debate-able among us simple fans, but I have no issue with what he makes because I really have no idea what someone like him should be paid.
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Vincent McMahon has an annual salary of $827,520 as the chief executive officer of World Wrestling Entertainment, the publicly traded company based in Stamford.
The owners could get the same bang for their buck at 1/30th the price.
Vincent McMahon has an annual salary of $827,520 as the chief executive officer of World Wrestling Entertainment, the publicly traded company based in Stamford.
The owners could get the same bang for their buck at 1/30th the price.
hey bud, i'd stick to football analysis and hold off your biz knowledge. As you may not know, when companies go public they issue stock. CEOs take equity as it aligns their incentives with the performance of the stock and its returns to stakeholders. Cap gains and preferred divies are also taxed at 15% (through '12) so most executive take almost 90%-95% of their comp in stock as to avoid substantial tax bills. Famously, folks like Dell, Gates etc have taken salaries as low as $1.
"Vince McMahon owns 47.1 million shares of Class B common stock which has a 1:1 value compared to the class A shares that are currently trading for around $16. That turns out to be a little more than $750 million."
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"If they sought to intimidate us, to terrorize us, to shake us from ... the values that make us who we are, as Americans -- well, it should be pretty clear by now that they picked the wrong city to do it. Not here in Boston. Not here in Boston."
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I know some here also believe that Kraft rode in on his white horse and saved the CBA. If you don't grasp that that whole scenario was pre scripted to lure the players into believing they were finally going to get a fair shake...then you're as gullible as the NFLPA and it's constituents who are now experiencing life under a flat cap...
So, you're saying that Kraft's supposedly breakthrough intervention was a premeditated contrivance?
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hey bud, i'd stick to football analysis and hold off your biz knowledge. As you may not know, when companies go public they issue stock. CEOs take equity as it aligns their incentives with the performance of the stock and its returns to stakeholders. Cap gains and preferred divies are also taxed at 15% (through '12) so most executive take almost 90%-95% of their comp in stock as to avoid substantial tax bills. Famously, folks like Dell, Gates etc have taken salaries as low as $1.
"Vince McMahon owns 47.1 million shares of Class B common stock which has a 1:1 value compared to the class A shares that are currently trading for around $16. That turns out to be a little more than $750 million."
your immediate and caustic outrage at my innocuous post is noted....now FOAD