The Fall Of The McMahon Family In WWE

CHAPTER ONE: MARKING THE TERRITORY

The McMahon family’s first ever professional wrestling event took place at the Municipal Stadium in Freeport.

The New York territory in those days was a rough place to get started, with other promoters fiercely protective of their turf – but Jess knew the right people, and was able to book the top stars at the time.

But it took 20 years for him to go from booker to owner.

In 1952, Jess created the Capitol Wrestling Corporation with the pro wrestler Joseph Raymond ‘Toots’ Mondt and Vince McMahon.

Vincent J. McMahon, that is. Although he looked like it when he had that mustache for a bit, our generation’s Vince McMahon isn’t 100 years old.

Vincent J. McMahon was born in 1914, and once he was done serving as a coast guard during World War II, he officially made promoting a family business.

He helped his dad book boxing and concerts, but it was pro wrestling that really captured his imagination. 

Because just like his son would see the potential for the new invention of pay-per-view distribution decades later, Vinny J saw a gap in the market for pro wrestling on this new thing called ‘television’. A burgeoning industry that needed content on its screens.

So in the mid 1950s, Vincent J. bought a wrestling venue called Turner’s Arena for $60,000, which in today’s money is around $700,000, and he renamed it the Capitol Arena for brand synergy with the Capitol Wrestling Corporation – which is what modern day WWE NXT’s main arena, the Capitol Wrestling Center, is named after.

On Thursday 5th January 1956, the first ever televised wrestling event from a McMahon took place…

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