72-year-old Vince McMahon recently sold $100 million worth of WWE stock in order to invest in his new company, Alpha Entertainment. The company has since announced the planned return of the XFL in 2020.
With news that Vince McMahon is investing in non-WWE projects, it has led to speculation he will be reilinquishing more responsibilities in WWE. According to a recent report from the Wrestling Observer Newsletter, that is exactly what is taking place behind the scenes.
Report on Triple H and Stephanie McMahon Taking Over WWE
The report in the Observer states the belief backstage is Paul Levesque (Triple H) will be taking over more of Vince McMahon’s responsibilities in the near future. Levesque has already taken over the booking of 205 Live as of late. Jeremy Borash’s hiring in NXT is believed to be part of Triple H putting together “his team”.
Perhaps the biggest sign that Triple H and Stephanie are taking over more of Vince McMahon’s responsibilities is that they were responsible for signing the deal with Ronda Rousey and not Vince.
The report also notes Vince McMahon normally deals with Brock Lesnar’s contract but that could change as well. There is speculation that Triple H and Stephanie could take over that role as well when Lesnar’s contract comes due later this year.