Education Secretary Linda McMahon Remembers Early WWE Struggles

Unfortunately, not every memory of the early days running WWE was fondly recalled by Linda McMahon, as she explained that while they were building as they went, their accountant once suggested that they should’ve diversified their investments. “We did put money in some construction accounts, we co-signed on some loans…that went belly up, which eventually put us into bankruptcy,” she admitted, noting that their efforts to invest outside of wrestling put them into debt. “We lost everything. My house was auctioned off, my car was repossessed in the driveway, I was pregnant with Stephanie, our second child,” Linda added. “So, I know what it’s like to lose everything.”

Linda also recalled how, despite being involved with WWE early on, she never travelled with the promotion like Vince McMahon did, and was only involved in the business side. This largely allowed her to be more involved in her children’s lives. “I am so fortunate that I never missed an opening night for any of the school plays or that sort of thing – oh, I missed one opening night! Other than that? Somehow, you juggle, you do whatever it is you need to do to get there,” she claimed. “It’s just, it’s showing up. It’s being… It’s being present in their lives and letting them know you always have their back.”

If you use any quotes from this article, please credit “The Sage Steele Show,” and provide a h/t to Wrestling Inc. for the transcription.

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