Vince McMahon signs 2-year WWE contract amid efforts to sell company

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Vince McMahon's two-year World Wrestling Entertainment contract would give him a handsome severance package and the rights to his 'life story' if the company is sold.

signed a two-year contract with WWE this week that dates to January, when he returned as chairman of the board to help with a potential sale of the company.

The contract was filed with the Securities and Exchange Commission Wednesday and includes a multimillion-dollar payout for McMahon in caseUnder the contract, his annual base salary is $1.2 million with a 175% bonus target on top of that.

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