Vince McMahon steps aside as WWE chairman, CEO during investigation into alleged hush money payment

Vince McMahon is stepping aside from his role as CEO and chairman of World Wrestling Entertainment during an investigation into a report that he agreed to pay hush money to a former employee over an alleged affair, the company announced Friday. WWE said in a release that a “Special Committee of the Board is conducting … Read more

Report — WWE board opens inquiry into CEO Vince McMahon’s alleged $3M payoff for female ex-employee’s silence

The board of World Wrestling Entertainment is investigating a secret $3 million hush payment that company CEO Vince McMahon agreed to make to a former female employee over an alleged affair, according to a Wall Street Journal report Wednesday. The separation agreement, which was signed in January, is meant to prevent the now-former employee from … Read more