#4 Exaggerated TV predictions:
In 2014, Vince seemed to carry over his larger than life on-screen character to the business room, by blatantly exaggerating potential profit margins from a new TV deal with NBC to investors.
WWE portrayed to their shareholders that they expected to get three times their previous deal with NBC, but ended up only ended up getting a 50% raise. The reaction to the news was devastating, shares went down by 40% in the same day.
This was an extremely costly start to 2014 for WWE as they also announced weak subscriber counts for the network a few months before. That first quarter of 2014 was so bad that it even took Vince McMahon's personal net worth to under a billion for the first time in years, he reportedly lost in excess of $350 million in four months.
The principal owner of WWE owns 52% of the company, so any hits the company takes, directly impact him the most.
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