WWE CEO Vince McMahon has reportedly agreed to pay $12 million to cowl up sexual misconduct and infidelity
WWE CEO and Chairman Vince McMahon has reportedly agreed to pay more than $12 million to four women over the past 16 years to cover up allegations of infidelity and sexual misconduct.
In 2018, McMahon reportedly paid $7.5 million to an ex-wrestler who claimed he forced her to perform oral sex before demoting her, then refused to renew her contract in 2005 when she turned down further encounters.
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Additionally, a 2006 agreement with a former manager claimed McMahon began a sexual relationship with her after she had been with the company for ten years, and she was paid $1 million for her silence.
And under a 2008 non-disclosure agreement, $1 million reportedly went to a contract employee who produced evidence of unsolicited nude photos of McMahon after she accused him of sexual harassment.
McMahon temporarily resigned as CEO and chairman on June 17 amid an investigation into a separate $3 million payment to cover up an alleged affair with another employee. His daughter Stephanie McMahon stepped in as interim CEO, but McMahon retains creative control.
“I have pledged my full cooperation with the Special Committee’s inquiry and I will do everything I can to assist the inquiry,” McMahon said in a statement. “I have also pledged to accept the findings and findings of the investigation, whatever they may be.”
John Laurinaitis, a WWE executive who was forced to step down as head of talent in 2012 after an alleged affair with a staff member, is also under investigation for sexual misconduct.
Read the full Wall Street Journal report here.
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