Vince McMahon

WWE Chairman Vince McMahon is currently being investigated by his company's board for a reported US$3 million settlement he agreed to pay a former employee ...

Vince McMahon will reportedly still take his usual seat in the Gorilla Position for this week's WWE telecasts despite misconduct allegations and ongoing ...

WWE and McMahon's attorney Jerry McDevitt have co-operated with and responded to WSJ in their reporting of the story up to this point. They added that that general manager of talent relations John Laurinaitis' status will also "unchanged" for now at least. Update On Vince McMahon's Backstage WWE Role Following Investigations Into Misconduct Allegations

Following allegations that Vince McMahon paid $3 million to cover up an affair, WWE has released its first response.

The Journal also claims that other non-disclosure agreements have been unearthed as part of the process, running in to millions of dollars. Brandon Thurston has now reported that an internal memo has been sent out to WWE staff regarding the issue, and is reportedly similar to the company’s direct response to The Wall Street Journal. The memo read as follows: Following allegations that Vince McMahon paid $3 million to cover up an affair, WWE has released its first response.

The WWE board is currently investigating a secret three million dollar settlement made by CEO Vince McMahon, towards a former employee of the company.

Earlier in May, Vince and Linda McMahon’s daughter, Stephaine McMahon who serves as an executive to the company, took a break from her WWE responsibilities. While WWE didn’t respond to a request for comments on the matter by CNBC, it is now known that the board retained Simpson Thacher & Bartlett LLP, a law firm from New York to probe the matter. Speaking to the American daily, a WWE spokesman also informed that the relationship between them was consensual.

World Wrestling Entertainment Inc.'s board is looking into a secret $3 million payment that Chief Executive Officer Vince McMahon made to a female former ...

WWE Chairman Vince McMahon is being investigated by WWE's Board of Directors stemming from an alleged “hush pact” in the form of a $3 million settlement ...

It’s possible she saw this storm on the horizon, and as the Chief Branding Officer and face of the company, she wanted no part of publicly navigating such a private family matter. Though this is not the first major scandal to threaten Vince McMahon’s unquestioned rule over WWE’s empire, it comes during a time where cancel culture is alive and insatiable. The bombshell report from the Wall Street Journal (h/t Wrestling Inc) alleges the 76-year-old McMahon was involved in an affair with a 41-year-old paralegal. Allegations of sexual misconduct have taken down one mogul after another during an era of female empowerment coinciding with the fall of countless male-dominated dynasties. In fact, Stephanie McMahon’s departure comes with curious timing in hindsight. Shane McMahon, Triple H and Stephanie McMahon have all seen their power wane this past year—for one reason or another.

WWE's board is investigating a secret settlement between CEO Vince McMahon and a former employee with whom he allegedly had an affair, according to a ...

McMahon allegedly used personal funds to pay the agreements. McMahon's attorney said the former employee hasn't accused him of harassment and that WWE "did not pay any monies" to her "on her departure." McMahon "gave her like a toy" to Laurinaitis, the friend alleged, also claiming she was "so scared so she quit" after McMahon and his lawyer paid her "millions of dollars to shut up."

Vince McMahon, the CEO of WWE, is being investigated by the company's board for agreeing to pay a secret $3 million settlement to a former employee he ...

The Journal notes that WWE's board is made of up WWE executives and even members of McMahon's own family. The WWE board was sent an email on March 30 that alleged McMahon, who is 76, hired the employee "at a salary of $100,000 but increased it to $200,000 after beginning a sexual relationship with her." Other misconduct claims were reportedly found against John Laurinaitis, the company's head of talent relations.

AWarning: This article does contain spoilers for the 17th June episode of AEW Rampage. Max Caster of All Elite Wrestling has taken a jab at WWE owner Vince ...

A WWE spokesperson has stated that the company is fully cooperating with the board's investigation. The 76-year-old has a mixed reputation in the wrestling industry and given his status it's not surprising that WWE's biggest rival, AEW have already taken a shot at McMahon over the allegations. Wall Street Journal reported that McMahon paid the woman $3m of his own money.

World Wrestling Entertainment Inc.'s board is looking into a secret $3 million payment that Chief Executive Officer Vince McMahon made to a female former ...

The board so far has concluded McMahon paid the settlements with his own money, the newspaper reported, citing one of the people familiar with the situation. McMahon’s attorney, Jerry McDevitt, told the paper in a letter that the former employee, a paralegal, hadn’t made any claims of harassment against his client. The probe, which began in April, also reportedly unearthed similar pacts made with former female workers on behalf of John Laurinaitis, a former wrestler who manages talent relations for WWE. The paper said it couldn’t determine how many such pacts were being reviewed.

Vince McMahon is currently under investigation by the WWE Board of Directors for allegedly paying millions of dollars to former employees to cover up ...

The grant or offer of an employment quid pro quo for personal intimacy." Dave Meltzer discussed it on the latest episode of Wrestling Observer Radio, noting that the big thing that could legally get McMahon in trouble is if he used company funds to keep employees quiet. We are cooperating fully with the independent investigation initiated by our Board of Directors."

Vince McMahon appears in front of the WWE crowd. (Photo Credit: WWE). WWE chairman Vince McMahon has become the new main character of pro wrestling following ...

After two failed senate attempts in Connecticut, Linda served as the administrator of the Small Business Administration for Donald Trump from 2017 to 2019. There have been hints that McMahon and Linda have been separated before Meltzer’s reveal this morning. There are several potential ramifications for this, one of which is the status of McMahon’s relationship with his wife, Linda McMahon.

With Vince McMahon under investigation, the Twitter narrative of Nick Khan 'taking out the McMahons' has taken center stage.

But the idea that he would orchestrate a silent coup is more believable on HBO than it is in WWE. With Vince McMahon’s future in WWE more uncertain than ever, however, Twitter is running with that notion. This gives credence to the scandalous theory that one of WWE’s high-profile executives betrayed McMahon, whether it be Khan—who is listed as a committee member on WWE’s board—or even Stephanie McMahon. “The board of directors started getting this information a couple months ago. Khan immediately became a trending topic on Twitter with fans and media tweeting their versions of the same joke—that Khan has been the cold, calculated grim reaper/Thanos/Bond Villain etc. Khan’s rise has coincided with falls from grace of every McMahon family member over the course of the past two years, and the wrestling industry has taken notice. The allegations against McMahon are very serious, but irreverence on Twitter never wavers.

Further details have emerged on WWE's investigation into Vince McMahon's alleged affair and subsequent payment to a former employee.

Another male star who worked for the company throughout the 2000s and beyond said there had long been suspicion in regards to John Laurinaitis’ conduct. The Wall Street Journal has reported that Vince McMahon’s own company board is investigating a $3 million payment said to have been made by him to a former employee of the company in return for them signing a non-disclosure agreement. WWE sources believe the situation will ultimately lead to Laurinaitis losing his position.

The WWE has launched a probe into allegations that CEO Vince McMahon paid $3 million in hush money to a former employee to keep quiet about an affair they ...

We invite you to join the discussion on Facebook and Twitter. According to an email, McMahon hired the unnamed woman with a $100,000 base salary but increased it to $200,000 when their affair began. The remaining $2 million in the agreement was spread out in a five-year pay period, sources told the Journal.

The WWE board is investigating CEO Vince McMahon over a series of nondisclosure agreements related to misconduct claims made by several women who used to ...

McMahon has a history of being accused of sexual misconduct, and of using his power and wealth to squash any allegations made against him. Dozens of former WWE wrestlers filed a class action lawsuit against McMahon in 2016 over the company’s mishandling of injuries and failure to care for its employees. McMahon and his family still control WWE, as the Journal reports that the McMahons hold the majority of the company’s Class B shares, which come with more voting power. The news of the secret settlement with the ex-paralegal comes amid an uncertain time for McMahon and WWE. Khan’s decisions since moving to the company from CAA have fueled rumors that the promotion might be for sale. In addition to probing the McMahon settlements, that law firm is also “assessing WWE’s compliance and human-resources programs and company culture.” From the report:

Vince McMahon allegedly paid a multimillion-dollar settlement to a former employee with whom he supposedly had an affair, according to a report.

A WWE spokesperson told The Wall Street Journal it is fully cooperating with the board’s investigation and maintained the relationship between McMahon and the paralegal was consensual. Change % Change

A spokesperson for the company told the 'Wall Street Journal' the relationship between Vince McMahon and the now-former employee was consensual.

WWE is cooperating with the investigation and taking the allegations seriously, they added. In the first email sent to WWE's board in March, the anonymous sender claimed McMahon hired the paralegal at a salary of $100,000 and increased her pay to $200,000 when they began a sexual relationship, according to WSJ. A spokesperson for the company told WSJ that the relationship between McMahon and the now-former employee was consensual.

WWE Chairman and CEO Vince McMahon is stepping back from his duties as the company's board investigates alleged misconduct by the executive.

In its release, the WWE said, "The Company and the Board do not expect to have further comment until the investigation is concluded." He bought the company from his father 40 years ago and has orchestrated its growth into a global, arena-packing brand that has media partnerships with Fox, Hulu and NBCUniversal's Peacock, among others. "I love this company and am committed to working with the Independent Directors to strengthen our culture and our Company; it is extremely important to me that we have a safe and collaborative workplace," Stephanie McMahon said in the release.

Mr. McMahon agreed to pay a secret settlement to an employee with whom he was said to have had an affair, The Wall Street Journal reported this week.

Since taking over his father’s wrestling company in 1982, Mr. McMahon has presided over its ascent into a cultural giant, with more than $1 billion in revenue in 2021. “I have also pledged to accept the findings and outcome of the investigation, whatever they are.” Far from an anonymous executive, Mr. McMahon is among the most recognizable faces of professional wrestling, adopting a swagger-filled public persona who is often at the center of the on-screen action. Stephanie McMahon, his daughter, will take over as interim chief executive and chairwoman, the company said in a statement. On Wednesday, The Wall Street Journal reported that Mr. McMahon agreed to pay a secret $3 million settlement to an employee with whom he was said to have had an affair, and that the board had been investigating since April. The investigation unearthed other nondisclosure agreements involving claims of misconduct by Mr. McMahon, The Journal reported. Mr. McMahon, the pro wrestling company’s chairman and chief executive, agreed to pay a secret settlement to an employee with whom he was said to have had an affair, The Wall Street Journal reported this week.

WWE and its board of directors confirmed the move on Friday, with Vince's daughter Stephanie McMahon stepping in to serve as interim CEO and interim chair. A ...

The WWE's statement added: "WWE and its Board of Directors take all allegations of misconduct very seriously. "I have committed to doing everything in my power to help the Special Committee complete its work, including marshalling the cooperation of the entire company to assist in the completion of the investigation and to implement its findings." "I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation," said WWE boss Vince McMahon, who along with head of talent relations John Laurinaitis is being investigated for alleged misconduct

Vince McMahon's daughter, Stephanie, will lead the wrestling company during the inquiry. McMahon, accused of paying $3 million to cover up an affair, ...

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The WWE board have confirmed that the company's CEO Vince McMahon is being investigated for alleged misconduct. The businessman, who bought the company in ...

The character 'Mr McMahon' was also 'killed' in a car explosion before resurfacing, and was found to have plotted the kidnapping of his daughter. "I have also pledged to accept the findings and outcome of the investigation, whatever they are." McMahon himself, who has been embroiled in a string of controversies and lawsuits during his time with WWE, was also quoted in the statement.

VINCE MCMAHON IS stepping down as chief executive and chairman of WWE during an investigation into alleged misconduct involving the long-time leader and ...

I have also pledged to accept the findings and outcome of the investigation, whatever they are,” McMahon said in a statement. Your contributions will help us continue to deliver the stories that are important to you Your contributions will help us continue to deliver the stories that are important to you