According to documents shared by the Securities and Exchange Commission to the New York Post, McMahon's sale resulted in him earning over $400 million.

While the sale of shares indicates McMahon's partial withdrawal from TKO Group Holdings, it does not necessarily mean a complete departure from the wrestling industry. Following the transaction, McMahon still retains ownership of 15 million shares, approximately nine percent of TKO stock, as reported by the Daily Mail.

After the merger between WWE and TKO, McMahon assumed the position of executive chairman within the company. However, in January, McMahon announced his resignation from TKO following his involvement in a sex-trafficking lawsuit filed by a former employee. The lawsuit alleged that McMahon forced the victim, Janel Grant, into engaging in sexual activities with colleagues, shared non-consensual nude pictures of her, used sex toys on her, and participated in a forced threesome that involved defecation.

The lawsuit drew significant attention, leading to a search warrant being executed on McMahon's phone by federal authorities during the summer. McMahon, along with colleague John Larinitis, was also accused of covering up the alleged rape of former WWE talent Ashley Massaro.

In response to the lawsuit, McMahon stated, "I intend to vigorously defend myself against these baseless accusations and look forward to clearing my name." Expressing respect for the WWE Universe and TKO business, McMahon announced his immediate resignation from his executive chairmanship and the TKO board of directors.

Although this recent sale of shares indicates a financial shift for McMahon, it remains to be seen if and how his involvement in the wrestling industry will evolve. With his remaining ownership in TKO Group Holdings, McMahon's influence may still play a role in shaping the future of WWE.

The sale of shares and McMahon's ongoing legal battle have been closely watched by industry insiders and fans alike, as they continue to speculate on what the future holds for the former WWE boss and the company he helped build into the global leader it is today.