Vince McMahon retires from WWE in Hush Money investigation

The news follows a study that McMahon is paying millions of dollars of hash money to cover up allegations of infidelity and misconduct with multiple women.

“As I approach the age of 77, I feel it’s time to retire as Chairman and Chief Executive Officer of WWE,” McMahon said.

last month, The Wall Street Journal The company’s board said it was investigating McMahon for agreeing to pay. Secret $ 3 million reconciliation To a former employee he allegedly had a relationship with.
A New report from journal Came out earlier this month saying McMahon paid Over $ 12 Million for 4 WomenTo cover up “allegations of sexual misconduct and unfaithfulness,” including those from previous reports.

The longtime WWE boss has agreed to resign from his role as chairman and CEO while the investigation is underway. His daughter Stephanie McMahon and President Nick Khan will be co-CEOs.

McMahon said he was working with investigators earlier. “WWE didn’t pay” to her ex-employee “at her departure,” his lawyer told the journal.

Source: www.cnn.com

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