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: Pile Driver: At age 76, Vince McMahon’s finishing wrestling move is simple financial engineering

Last year was World Wrestling Entertainment Inc.’s biggest ever for revenue ($1.09 billion) and profit ($180 million), but wrestler Shane “Slapjack” Thorne was worrying about something more pressing: His next paycheck.

Let go in mid-November, Thorne was among approximately 100 wrestlers shed by WWE in the past 12 months, moves that made 2021 a moneymaking success for WWE WWE chief Vincent K. McMahon and a select few family members and executives.

“Out…

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