
Name & Direction of Vince McMahon’s New Company Revealed
Vince McMahon, the long-time figurehead of World Wrestling Entertainment (WWE) who is no longer directly involved in the company's operations, has established a new corporate entity, 14TH & I, marking his return to the business landscape following his departure from TKO Group Holdings. The news was first reported by Wrestlenomics. PWInsider initially reported on the new company late last year.
Public filings in Connecticut show that McMahon registered three limited liability companies on September 20, 2024: 14TH & I Holdings LLC, 14TH & I Investments LLC, and 14TH & I Management LLC. These entities indicate a strategic focus on sports, media, and entertainment.
Brad Blum, a former WWE executive and a long-standing associate of McMahon, has been appointed President of 14TH & I. His involvement underscores McMahon's reliance on trusted personnel for this new venture.
The firm's stated purpose, as found on Blum's LinkedIn profile, describes 14TH & I as "a private investment firm focused on the sports, media, & entertainment sectors." The description further elaborates on their approach: "We are a disciplined, flexible, long-term capital and strategic partner, primarily targeting buyouts/majority deals, as well as selective growth-oriented minority investments. We seek to partner with and empower exceptional management teams, providing deep expertise, capability, and relationships to help drive significant long-term value.”
The company's name, 14TH & I, holds historical significance for McMahon. It references the intersection of 14th and I Streets in Washington D.C., where the Capitol Wrestling Corporation—the predecessor to WWE—was headquartered during the 1950s and 1960s. This naming choice suggests a connection to his foundational roots in the entertainment industry.
McMahon's motivations behind launching 14TH & I raise questions about his future influence in the sports and media industries, especially considering his continued financial stake. He reportedly still owns approximately 8 million shares in TKO, the parent company of WWE and UFC. This new venture also comes amidst ongoing legal challenges for McMahon, including active lawsuits with Janel Grant and the lawsuit in Baltimore by former ring boys.