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GameStop's Cohen nixes $35B bonus plan in favor of eBay bid

L
Jun 25, 2026 · 22:11

Ryan Cohen gave up his shot at a $35 billion windfall.

The GameStop CEO [withdrew](https://www.bloomberg.com/news/articles/2026-06-23/gamestop-s-cohen-drops-35-billion-pay-plan-to-focus-on-ebay-bid?srnd=homepage-americas) a sizable bonus plan in order to focus on the company's "operating performance and its proposed [eBay acquisition](https://www.linkedin.com/news/story/ebay-spurns-gamestop-takeover-bid-as-not-credible-8829698/)."

Cohen would only have received the maximum bonus if GameStop reached a market cap of $100 billion — leading some to wonder whether it was, in fact, the impetus for the eBay bid.

GameStop has denied that, but an investor recently filed a proposed class-action suit to pause the bonus plan "until shareholders received proper disclosures."

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