Vince McMahon, the former Chairman and CEO of WWE, has embarked on a new venture by establishing a sports, media, and entertainment company. Recent documents acquired by Wrestlenomics reveal that McMahon registered three limited liability companies (LLCs) in Connecticut on September 20, 2024.
The newly formed LLCs, known as 14TH & I Holdings LLC, 14TH & I Investments LLC, and 14TH & I Management LLC, are all incorporated in Delaware and share the same principal office address in Stamford, Connecticut. McMahon is reported to be the managing member of two of these entities, while 14TH & I Holdings features a partnership with the other members.
The rationale behind creating these separate LLCs appears to be to streamline various aspects of the business, such as asset ownership, investment management, and operational activities, allowing for legal and financial separation.
Brad Blum, a former WWE executive and longtime associate of McMahon, is identified as the President of 14TH & I, according to his LinkedIn profile. The firm is characterized as a private investment entity focusing on sectors like sports, media, and entertainment, aiming to serve as a capital and strategic partner primarily interested in buyouts and targeted minority investments. Blum’s profile emphasizes the goal of partnering with skilled management teams to enhance long-term value.
Interestingly, the name “14TH & I” pays homage to a historical location tied to McMahon and WWE, referencing the Capitol Wrestling Corporation’s former headquarters at the intersection of 14th and I Streets in Washington D.C., during the era of McMahon’s father, Vincent J. McMahon.
Additionally, it is worth noting that two trademark applications associated with this new initiative were filed on August 23, 2024, and are currently under review by the U.S. Patent & Trademark Office.
As the landscape of sports and entertainment continues to evolve, McMahon’s ambitious new project could bring fresh opportunities for innovation and growth in the industry.