WWE board opens inquiry into CEO Vince McMahon

CeeJay

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Vince McMahon’s $12M ‘Hush Money’ Payments Could Mean Bigger Roles for Triple H and Stephanie McMahon


WWE CEO Vince McMahon is under fire as more reports surface of the billionaire paying women “hush money” for “nondisclosure agreements to keep secret allegations of sexual misconduct and infidelity.” These allegations could finally mean the end of McMahon’s run with the family business he’s been with since 1969. And bigger roles for his daughter, Stephanie McMahon, son-in-law Triple H, and the company’s new rainmaker, Nick Khan, may follow. Vince has been married to Linda McMahon (née Edwards) since 1966. The initial WSJ report on June 15 described a consensual affair with a WWE paralegal and a $3 million payout for her silence about the relationship when she left the company.The allegations in the July 8 article, however, are much more salacious and damning. The story reports that McMahon made a “$7.5 million pact with a former wrestler who alleged that Mr. McMahon coerced her into giving him oral sex and then demoted her and, ultimately, declined to renew her contract in 2005 after she resisted further sexual encounters, according to people familiar with the matter.”

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blackfoot NAP

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CeeJay

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The AV Club

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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CeeJay

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WHAT WILL WWE LOOK LIKE WITHOUT VINCE MCMAHON?


Stephanie became interim-chair/CEO last month after her father stepped down from the role during an investigation by the Board of Directors into alleged misconduct involving former female WWE employees.Vince retiring will change WWE in many ways. Some will be big. Some will be small. Some will take form on TV. Some won’t. At the end of the day, though, changes are coming.
With NXT, Levesque ushered in a new era of WWE, and his work in doing so can still be felt on Raw and SmackDown each week. WWE stars such as Seth Rollins, Becky Lynch, Charlotte Flair, Asuka, Bayley, Finn Balor, Kevin Owens, Sami Zayn, Bianca Belair, The Street Profits, Riddle, Theory and more all started in NXT due to "The Game." Levesque’s booking also helped NXT TakeOver events sometimes become the most-talked about shows during pay-per-view weekends, even against main roster events, and he has a deep respect for the business as a whole.

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CeeJay

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WWE Discloses Investigation Over Vince McMahon’s $14.6 Million Alleged Hush Money Payments


Following Vince McMahon is retirement announcement last week, the WWE will revise financial statements dating back to 2019. According to the organization, almost $15 million of payments made by McMahon should’ve been recorded as expenses. In an SEC filing this week, the company noted that it “has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future), and that were not recorded in the WWE consolidated financial statements, should have been recorded as expenses in the quarters in which those agreements were made.” According to the WWE, the aggregate amount of the payments during this period totals $14.6 million, and all payments were or will be paid by McMahon personally.

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CeeJay

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WWE at crossroads as Vince McMahon's retirement and scandals heighten sale speculation


World Wrestling Entertainment's annual report for 2021 lists a risk factor specifically about the consequences of Vince McMahon's retirement, an event that happened last week. "The unexpected loss of the services of Vincent K. McMahon could adversely affect our ability to create popular characters and creative storylines or could otherwise adversely affect our operating results," WWE wrote in the corporate filing, dated Dec. 31. "The loss of Mr. McMahon due to unexpected retirement, disability, death or other unexpected termination for any reason could have a material adverse effect on our ability to create popular characters and creative storylines or could otherwise adversely affect our operating results."

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CeeJay

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Vince McMahon Retirement From WWE Reportedly Quickened by Sexual Misconduct Investigation


Vince MacMahon’s retirement from the WWE last Friday was reportedly quickened due to federal investigations into reports that the 76-year-old has paid millions of dollars to cover up claims of sexual misconduct and infidelity, according to The Wall Street Journal.The Securities and Exchange Commission and federal prosecutors have launched inquiries into payments that McMahon supposedly made to settle allegations of sexual misconduct, per the WSJ. WWE disclosed the inquiries in a recent securities filing that also said the company was still conducting an ongoing internal investigation which uncovered agreements by McMahon to make payments totaling $14.6 million from 2006 through 2022.

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CeeJay

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Freddie Prinze Jr. Makes Bold Prediction About Vince McMahon’s WWE Future


Will Vince McMahon ever return to the WWE Universe following his retirement and a merit of allegations against him? On his podcast, "Wrestling With Freddie," former WWE writer Freddie Prinze Jr. weighed in on the chances that we ever see McMahon back in the WWE fold. Prinze Jr., who worked on the creative team for WWE back in 2008 and 2009 (and to his former point, came back as a producer in 2010) went on to discuss how Flair’s road map to WWE redemption could be similar to McMahon’s.

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CeeJay

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Linda McMahon Dodges Questions About Vince Retirement And Allegations


Throughout the whole process that saw Vince McMahon come under investigation for payoffs made in relation to covering up alleged scandals, and may have contributed to his recent resignation, one person who remained silent was his wife, Linda McMahon. Now, however, McMahon has finally broken her silence on the matter — at least, from a certain point of view. At an event for the America First Policy Institute, McMahon was asked directly by a reporter about the allegations facing her husband, and his retirement from WWE. The video has since been captured and was posted on Twitter. “I’m not going to talk about Vince and WWE,” McMahon said. “I’m here to talk about AFPI. ”When the reported pressed McMahon, she gave a short answer about how Vince will handle retirement.“Well, you know what? He’ll just be deciding on how he’s going to be spending his free time,” McMahon said. “I think that’s a good thing.”

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CeeJay

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WWE Star Expects Vince McMahon To Still Have Creative Influence


Lashley was asked how he felt about which direction he thinks WWE will be led into in the future since Vince McMahon stepped down and retired as Chairman and CEO of WWE. Under Triple H as Head of Creative, Lashley said, “First of all, I gotta say with Vince … [He] has just been a blessing to so many different people. But at the same time, Stephanie, Triple H — the mind they have in this wrestling business is going to be shown within the next few years, few months, few weeks.” In case you didn’t know, Stephnie McMahon and Triple H have both had to step up into essential roles within WWE after Vince McMahon stepped down and retired from the company as a whole. As previously mentioned, WWE Hall of Famer Triple H is now Head of Creative, while Stephanie McMahon is Chairwoman and Co-CEO along with WWE President Nick Khan.

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CeeJay

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Vince McMahon, for good or bad, changed pro wrestling: Examining his legacy


Vince McMahon grew up in a trailer park in North Carolina. His genius for marketing got him out of the trailer park and into the penthouse, and though he always seemed a bit ashamed of how he got there, it all plays together to explain how he got to where he did. McMahon, famously, had his on-air talent avoid the words “professional wrestling,” in favor of “sports entertainment,” because “sports entertainment” doesn’t evoke the images of the early 20th century carnies who turned worked athletic wrestling competitions into a thriving business enterprise.Whatever he wants to call it, it’s wrestling, and no matter how desperate McMahon was to get out of the trailer park, the key to understanding the Vince McMahon who turned his father’s Northeast wrestling promotion into a multibillion-dollar entertainment conglomerate is understanding trailer park Vinnie.

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blackfoot NAP

King Of Bling
Paul 'Triple H' Levesque replaces Vince McMahon as WWE's head creative direction
Levesque was named EVP of talent and live events in 2011. He added creative to that title two years later, reporting to Vince McMahon. Levesque focused on his brainchild, NXT, WWE's development brand. He was the executive producer of the weekly TV program until he stepped away in September.

'It is the dawning of a new era': How WWE moves foward without Vince McMahon
McMahon had a far grander vision for wrestling and executed it with the purchase of competing territories, transforming WWE from a Northeast-based company to a global brand that amassed more than $1 billion in revenue for 2021
 

CeeJay

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Lex Luger, The New Age Outlaws and Nia Jax Comment on Vince McMahon's WWE Departure


Vince McMahon's WWE retirement announcement on July 22 sent shockwaves throughout the pro wrestling industry, and in the weeks since then many current and former stars have commented on his departure after running WWE for roughly 40 years. Lex Luger, WWE Hall of Famers Road Dogg, Billy Gunn and former Raw Women's Champion Nia Jax (Lina Fanene) all spoke with ComicBook during the Starrcast V event this past weekend in Nashville and offered their reactions to the news. Starting off with Lex Luger, a former Royal Rumble winner and someone who McMahon once considered the future top star in the WWF after Hulk Hogan. He said, "I think that there's a lot of really good people in place in the company. Triple H and Stephanie (McMahon), the baton is being passed. I think he will still, behind the scenes I'm sure, since that's his daughter and Triple H his son-in-law, I'm sure he (Vince) will still have some influence and some input as well."

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blackfoot NAP

King Of Bling
WWE's Damian Priest on Vince McMahon retirement
His retirement marks the end of an era for the world of professional wrestling, with McMahon having been in charge of the company since purchasing it from his father in 1982. The 77-year-old's daughter, Stephanie, and Nick Khan will now take over as co-CEO's.
 

blackfoot NAP

King Of Bling
Triple H wasted no time cleaning up Vince McMahon's huge mess
Omos hasn’t been featured on Raw ever since Vince McMahon resigned and Triple H took over creative. The big man did beat Ezekiel on Main Event this week, for what it’s worth. It’s easy to assume Triple H doesn’t know what to do with this guy, given he’s the worst worker on the roster. At the very least, Omos appears to be lost in the shuffle right now.
 

MODMAN

Active Member
VINCE WILL RETURN - MARK MY WORDS.

He overcame Stone Cold, his bitch wife. . . you think #Hashbrown lovin' SJWs and namby pampy allegations of sexual misconduct in the era of Woke will keep the great Vince McMahon down?

Vince is a stud - and a generous one to boot! Not only does this billionaire alpha deliver these lucky women the most intense and arousing experience of their lives, but goes the extra mile and dips into his hard-earned wealth to give them a financial boost because he is that AWESOME.

Sexual misconduct? I call it sexual magnificence.

All will fall before . . .


THE GREATER POWER.
 
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CeeJay

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VINCE WILL RETURN - MARK MY WORDS.

He overcame Stone Cold, his bitch wife. . . you think #Hashbrown lovin' SJWs and namby pampy allegations of sexual misconduct in the era of Woke will keep the great Vince McMahon down?

Vince is a stud - and a generous one to boot! Not only does this billionaire alpha deliver these lucky women the most intense and arousing experience of their lives, but goes the extra mile and dips into his hard-earned wealth to give them a financial boost because he is that AWESOME.

Sexual misconduct? I call it sexual magnificence.

All will fall before . . .


THE GREATER POWER.

^^TRUE ALL OF THAT^^. Misconduct? That's what happens win you have money. Ask:

New England Patriots owner Robert Kraft
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By: blackfoot NAP | March 28, 2019

Old men get migthy horney when the get old. Vince McMahon is 70+ years-old. What did he get from these women, his dick sucked?. For millions. He over paid.

And Another Thing, MODMAN

Let's talk, let's discussa lil something-something intelligently
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By: CeeJay | June 30, 2022

^^Can you please post your Vince McMahon comments there ^^ I wanna keep this thread a information topic. Thank you.
 

CeeJay

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FORMER WWE OFFICIAL QUESTIONS WHETHER VINCE MCMAHON IS ACTUALLY RETIRED

The news of Vince McMahon's retirement came after it was reported that there were investigations into millions of dollars in hush money payments made by Vince to female employees. The payments were reportedly made in order to silence the women from making accusations about harassment, abuse, and misconduct against Vince McMahon and former Head of Talent Relations John Laurinaitis. Some have suggested that the former Chairman would still be running the WWE from behind the scenes, but according to several sources, that isn't the case. Although the on-screen WWE product seems to be changing, one person who still believes Vince has a say in what's going on is former WWE referee Mike Chioda.

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Charlemagne

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Charlemagne

Holy Roman Emperor
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