"The stocks leverage to come back" - Wrestling personality discusses Vince McMahon's current influence on WWE

Former WWE Chairman and CEO Vince McMahon has stepped back from his roles in the company. The 79-year-old moved out of the public eye after a recent lawsuit. Wrestling personality Dave Meltzer recently shared his thoughts on his departure.

A former WWE employee, Janel Grant, filed a lawsuit earlier this year accusing Vince McMahon and John Laurinaitis of sexual harassment and misconduct. The allegations grabbed headlines and forced TKO to sever ties with Mr. McMahon.

Dave Meltzer was the special guest on a recent episode of Keepin' It 100. The veteran journalist spoke about McMahon's current backstage influence. He felt the former boss had no say anymore. Meltzer indicated that once Vince started selling his stocks, it was clear he was never returning.

"I don't think he does. When Ronda [Rousey] was talking about it, it was different. He was still in the company. When he was still in the company, I think, yes, there was that influence. But he's legitimately gone. Once he started selling all that stock, it's kinda like he's really gone. If he was looking to come back... he'd keep the stock because the stocks leverage to come back," Meltzer claimed. [From 1:52 - 2:16]

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Vince McMahon was the subject of a recent Netflix series

In September of this year, Netflix finally released its original series documenting the rise and fall of the former WWE boss.

The six-episode docuseries features interviews with prominent wrestling personalities such as Bret Hart, Stone Cold Steve Austin, Hulk Hogan, The Rock, The Undertaker, John Cena, and Triple H, as well as family members such as Shane McMahon and Stephanie McMahon, who worked with Vince McMahon.

Ahead of the release, Vince posted a statement on social media claiming that the show might want to paint him in a bad light. He urged viewers to remain objective while watching the show, remembering that there are two sides to every story.

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