Linda McMahon’s Personal Loans to Senate Campaign Reach $41.5 Million

Posted October 19, 2010 at 4:39pm

Updated: 7:15 p.m.

Former wrestling executive Linda McMahon has loaned her campaign an additional $20 million, bringing the Republican’s total personal investment in the Connecticut Senate race to $41.5 million to date. She’s spent all but $2 million so far in her Senate bid.

The Associated Press on Tuesday afternoon reported that McMahon, a co-founder of World Wrestling Entertainment, has spent more than $39.5 million. She has almost completely self-funded the effort, most recently loaning her campaign $20 million in the period between July 22 and Sept. 30.

McMahon has indicated a willingness to spend as much as $50 million of her personal fortune on the race, and she’s not expected to be paid back.

If recent polls are to be believed, McMahon’s investment may go for naught. She trails the Democratic nominee, state Attorney General Richard Blumenthal, by as many as 11 points in a recent Quinnipiac University survey.

Blumenthal loaned his campaign $500,000 in the third quarter.