WWE's Vince McMahon announces full retirement amid misconduct investigations
After spending the last four decades as both the most consistent public face of WWE wrestling, and one of its primary behind-the-scenes architects, Vince McMahon has announced that he’s fully retiring from the company this week. Per Variey, news of the retirement comes not long after McMahon vacated his position as chairman of the company, amid investigations into wide-ranging allegations that he paid millions of dollars to women in order to hide alleged sexual misconduct. He’d previously stayed on in a creative role at WWE, but is now departing in full. The allegations against McMahon (and also into John Laurinaitis, former wrestler and head of talent relations) are currently being investigated by the WWE board. They apparently amount to something on the order of $12 million handed out to women over many years, tied to NDAs that are reportedly connected to sexual relationships with employees, sexual harassment, and other sexual misconduct. These allegations appear to be separate from one levied against McMahon in 1996 by former WWE referee Rita Chatterton, who said that McMahon sexually assaulted her in 1986.
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Vince McMahon Retires From WWE
Vince McMahon -- the longtime chairman and CEO of World Wrestling Entertainment -- is retiring from his role with the company, he announced Friday. "As I approach 77 years old, I feel it's time for me to retire as Chairman and CEO of WWE," McMahon said in a statement. "Throughout the years, it's been a privilege to help WWE bring you joy, inspire you, thrill you, surprise you, and always entertain you." "I would like to thank my family for mightily contributing to our success, and I would also like to thank all of our past and present Superstars and employees for their dedication and passion for our brand." Vince bought the company from his father, Vincent J. McMahon in 1982 ... and has been the face of the brand ever since. Vince was responsible for the "Attitude Era" in the 1990s, which turned professional wrestling into a mainstream phenomenon ... and helped Superstars like The Undertaker, Kane, The Rock, Stone Cold Steve Austin, Triple H, China and more become household names.
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"The Nature Boy" will make the walk one final time. Ric Flair, one of the most well-known and revered professional wrestlers in history, will perform in one last match July 31, sources told ESPN on Monday. Flair, 73, will step into the ring at the Nashville Fairgrounds on an independent card that will stream live on FITE TV. Flair, a two-time WWE Hall of Famer and 16-time world champion, has not wrestled in a match since Sept. 12, 2011, a bout for Impact Wrestling against longtime rival Sting. His last WWE match was in 2008 at WrestleMania XXIV against Shawn Michaels. Flair's opponent for July 31 remains unclear. It's also unknown whether it will be a singles or tag team match. Flair, known for his "Woo!" catchphrase and famous strut, has been posting videos on social media of him training with current AEW wrestler Jay Lethal. The legendary wrestler asked for his release from WWE in 2021 and received it. Flair was most known for his work in the NWA and WCW, which was WWE's biggest rival in the 1980s and 1990s. But he also performed in WWE for parts of two decades, as a wrestler and on-screen manager.
WWE Summer Slam 2022: News, stories, match card, results, start time and information
The 2022 edition of WWE SummerSlam is set to take place July 30 at Nashville's Nissan Stadium, the home of the Tennessee Titans. It is the 35th edition of one of the WWE's signature events, and the card will showcase four title fights.