“I personally don’t think he’s fully retired. You know Vince, he’s gonna be behind-the-scenes [laughs]. Vince is not letting go of that company, he will not let it go until his hands are dead cold and they pry it out of his cold, dead hands. He’s not letting go of that company until he dies. And that’s just it.” “And you know, I’m not trying to cause any problems for WWE or for Vince McMahon, because I love Vince to death. But there is no way he is going to let it go. He already set up, you know, Stephanie [McMahon] being in charge and Triple H being in charge of talent relations. He’s got everybody in the right positions so that he could continue to run the show.”
Report: WWE board opens inquiry into CEO Vince McMahon's alleged $3M settlement for ex-employee's silence
The board of World Wrestling Entertainment is investigating a secret $3 million settlement that company CEO Vince McMahon agreed to make to a former 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 discussing her relationship with McMahon or making disparaging comments about him, according to the Journal. An email sent to WWE board members March 30 indicates that the 76-year-old McMahon hired the former staffer, 41, on a $100,000 salary and then gave her a raise to $200,000 after the start of the alleged sexual relationship with her.
The email sent to the board regarding the former WWE employee, who was hired as a paralegal in 2019, alleged that McMahon gave the woman to Laurinaitis "like a toy." The board is investigating the email's allegations, the report stated. The Journal reported that the board has retained the law firm Simpson Thacher & Bartlett to conduct the investigation and that payments of other nondisclosure agreements, outside of the one involving the former employee, have totaled in the millions of dollars. McMahon bought the then-World Wrestling Federation (WWF) from his father, Vincent J. McMahon, in 1982 and built the company into a global wrestling powerhouse and media conglomerate that has produced crossover stars such as Hulk Hogan, The Rock, Stone Cold Steve Austin and John Cena.
Click Here For Full Story