Percy Watson’s WWE Release, Stephanie Cashes In Stocks, Developmental
– Stephanie McMahon sold 137,610 shares of WWE stock for around $1.25 million between May 15th and May 24th. In June so far, she has sold another 140,000 shares for another $1.37 million. Stephanie has 191,945 shares remaining, worth $1,902,175 as of this past weekend.
– There is expected to be a major television feature on the WWE developmental system once the new Performance Center is up and running in Orlando. It’s going to be on one of the major TV sports documentary shows.
– The reason WWE released Percy Watson a few weeks back is because of the feeling that his attitude changed when he was taken off the road as a RAW roster member. Watson was recognized as one of the most athletic guys in the company but kept missing practices.
Source: Wrestling Observer Newsletter