Former WWE Chairman and CEO Vince McMahon has officially unveiled his new business venture, 14TH & I, a private investment firm targeting high-impact opportunities in the sports, media, and entertainment industries.

Vince McMahon’s New Venture: 14TH & I

According to public filings, McMahon formed three limited liability companies under the “14TH & I” banner in Connecticut on September 20, 2024:

• 14TH & I Holdings LLC

• 14TH & I Investments LLC

• 14TH & I Management LLC

All three LLCs are legally registered in Delaware, with their principal office located in Stamford, Connecticut. This structure appears to strategically separate asset ownership, investment management, and operational functions for legal and financial flexibility.

McMahon is listed as the managing member of at least two of the LLCs, while 14TH & I Holdings is identified as a member of the others.

Trademarks & Business Intentions

Two trademark applications were filed with the U.S. Patent & Trademark Office on August 23, 2024—one for “14TH&I” (no spaces) and another for “14TH & I” (with spaces). These trademarks indicate the company’s planned involvement in:

• Private equity fund investments

• Entertainment production, including scripted content

This signals McMahon’s shift from pro wrestling to broader media and investment opportunities.

Leadership: Brad Blum Joins as President

Brad Blum, a former WWE executive and long-time McMahon associate, is now serving as the President of 14TH & I. According to his verified LinkedIn profile, the firm describes itself as:

“A private investment firm focused on the sports, media, & entertainment sectors… targeting majority buyouts and select growth-focused minority investments. We provide strategic capital and deep industry relationships to drive long-term value.”

The Historical Meaning Behind “14TH & I”

The name “14TH & I” is a symbolic nod to wrestling history. WWE’s predecessor, the Capitol Wrestling Corporation, was based at the intersection of 14th and I Streets in Washington D.C. during the 1950s and 1960s, when it was run by Vincent J. McMahon, Vince’s father.

Although rooted in wrestling history, there is no current indication that the company will be directly involved in professional wrestling according to Wrestling Inc.

McMahon’s Exit from WWE and the TKO Merger

Following the 2023 TKO merger, which unified WWE and UFC under a single umbrella, McMahon began selling portions of his stock—liquidating nearly $1.5 billion worth of shares between November 2023 and April 2024. As of September 2024, McMahon retains over 8 million shares, roughly 4% of TKO, valued at approximately $1.2 billion.

Despite rumors, McMahon is not expected to attempt a buyback of WWE or regain control. Endeavor Group currently holds 61% of TKO, and industry insiders suggest a return to power for McMahon is unlikely.

Legal Challenges Facing Vince McMahon

McMahon’s recent career moves are occurring under the shadow of ongoing legal battles:

• Janel Grant Lawsuit: The former WWE employee accuses McMahon of sexual assault and trafficking, alleging complicity from WWE executives, including Brad Blum. McMahon denies all allegations.

• WWF Ring Boys Case: Eight former ring attendants claim they were sexually abused as minors by a former WWF announcer. Vince and Linda McMahon, along with the WWF (now WWE), are named for alleged negligence spanning from the 1970s to 1990s.

• Shareholder Lawsuit: McMahon and other former WWE board members face accusations of manipulating the process that led to the TKO merger, potentially violating shareholder trust.

Final Thoughts

With the launch of 14TH & I, Vince McMahon signals a new chapter beyond WWE, leveraging his vast experience and wealth to make strategic moves in media production and private equity. While his legacy in professional wrestling remains undeniable, his new venture aims to carve out a future in broader entertainment and investment landscapes.

Stay tuned to WorldWide Entertainment TV for more updates on Vince McMahon, WWE, and breaking news in the world of sports and entertainment.