Vince McMahon’s troubles continue to get exposed.
Former WWE CEO Vince McMahon allegedly paid more than $12 million to four women in an attempt to cover up allegations of sexual misconduct, the Wall Street Journal reports.
Via WSJ:
“Vince McMahon, World Wrestling Entertainment Inc.’s longtime leader, agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity, an amount far larger than previously known.
The payouts went to four women, all formerly affiliated with WWE, WWE -0.58%▼ who signed agreements with Mr. McMahon that prohibit them from discussing potential legal claims against or their relationships with the 76-year-old executive, according to people familiar with the deals as well as documents reviewed by The Wall Street Journal.”
WWE's Vince McMahon paid out $12 million in settlements to suppress allegations of sexual misconduct and infidelity over the past 16 years, people familiar say https://t.co/6HHLPmtIxX
— The Wall Street Journal (@WSJ) July 8, 2022
This latest report arrives after McMahon stepped down from his role as chairman and CEO of WWE amid an investigation into alleged misconduct.
Prior to McMahon’s resigning, the board’s investigation uncovered a number of nondisclosure agreements with former female employees, including one in which McMahon paid $3 million to a ex-paralegal to keep their relationship quiet.
Can’t say I’m too surprised about any of this.
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