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Message: [QUOTE="jncuse, post: 4328020, member: 1969"] This in itself doesn't appear to be anything overly nefarious. (Unlike the sexual misconduct which he fully deserved to go down for) Trump actually provided significant services to the WWE in 2007 in 2009 and was entitled to valid compensation... was a key figure in a co main event at Wrestlemania 2007 and was a RAW GM for a few months in 2009. My guess this has more to do with Trump trying to skirt taxes, and WWE corporate not wanting to get involved -- so Vince paid it himself. Its just another item that McMahon paid for himself, that benefitted the company... and hence should have been expensed by the company with the offsetting credit going to equity (since Vince paid for it and Vince was not re-imbursed by the company for it). The WWE has to put a press release out since they will be fixing the 2007 and 2009 financials. It will also have no impact with the investors -- can a current investor really claim they were hurt because the 2009 P&L was a net income of 48 million and not 52 million? and there is no balance sheet impact today from this. The strange thing with this one, is why did McMahon pay this $5M himself? On the surface it appears to be a legitimate expense that nobody would be that upset if reported (and paid by the WWE) at the time. It's very different from the $14.6M of NDA's related to sexual misconduct. Certainly we know why he paid the $14.6 million related to the sexual misconduct NDA's. He was trying to hide those payments from the WWE board and finance team (so they would not be reported on financials), and did not want them leaking out via corporate reports. A few scenarios I can speculate, which is all speculation: 1) The board did not approve such a "high"excessive payment to Trump, and since VInce really wanted him to come in 2007 and 2009 he decided to pay him with his own money and not the WWE's. Nothing wrong with this scenario except WWE should have expensed it, even if they paid nothing and lost no assets in the scenario. 2) The finance team or board sensed there was something wrong with where the money was going (something off with the Trump charity perhaps ) and did not want to pay it with WWE corporate money, so Vince paid it himself. Again Vince is the loser he since he 100% pays for it, instead of the Company (which Vince only owns 38%). Shareholders did not suffer losses in this scenario 3) Vince paid for it himself to improve the WWE earnings in those years. Which I don't think is likely. My guess is its something like #2, but speculating. [/QUOTE]

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