Vince McMahon’s New Role In WWE, HBK At Detroit Auto Show

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Carl Dantes sent in the following news item about Shawn Michaels appearing at the Championship Auto Show in Detroit next month:

Shawn Michaels will be making an appearance & signing autographs at the Championship Auto Show in Detroit, Michigan on February 27th from 1:00PM to 4:00PM. As far as I can tell, autographs are free with admission to the show, which costs $15 for adults & $5 for children. The show takes place at Cobo Center, One Washington Blvd., Detroit, MI 48226. For more information, check out their official website.

— A new “employment agreement” Vince McMahon and World Wrestling Entertainment went into effect on January 1t and will run for three years until December 31, 2013. According to the official SEC Filing posted at WWE.com, McMahon’s new role in the company is as follows:

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“In addition to his duties and responsibilities as Chairman and Chief Executive Officer of the Company, the Executive shall serve as the Company’s creative director, and as a writer, and performer at various times for and in the Company’s events and productions.”

The three-year deal gives McMahon generous compensation if he is terminated “other than for cause” or leaves on his own accord with “good reason.” It also includes a 1-year no compete clause in the event that his agreement is terminated. For more specifics, visit Corporate.WWE.com.