{"id":1520548,"date":"2022-06-17T11:19:17","date_gmt":"2022-06-17T15:19:17","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1520548"},"modified":"2022-06-17T11:19:26","modified_gmt":"2022-06-17T15:19:26","slug":"wwe-boss-vince-mcmahon-steps-down-amid-messy-sex-scandal-investigation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wwe-boss-vince-mcmahon-steps-down-amid-messy-sex-scandal-investigation\/","title":{"rendered":"WWE Boss Vince McMahon Steps Down Amid Messy Sex Scandal Investigation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwwe-boss-vince-mcmahon-steps-down-amid-messy-sex-scandal-investigation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1520548&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>World Wrestling Entertainment boss Vince McMahon has stepped down as CEO amid a <a href=\"https:\/\/www.dailywire.com\/topic\/sex-scandal\">scandal<\/a> involving allegations he paid millions in hush money to keep an extramarital affair quiet.<\/p>\n<p>The wrestling impresario, who built his father\u2019s business into a multi-billion-dollar conglomerate, allegedly agreed to pay $3 million to the employee, who has not been named. The company\u2019s board is investigating the payments.<\/p>\n<p>\u201cI have pledged my complete cooperation to the investigation by the special committee, and I will do everything possible to support the investigation,\u201d McMahon said in the press release. \u201cI have also pledged to accept the findings and outcome of the investigation, whatever they are.\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">Vince McMahon steps down as WWE CEO and chairman amid an investigation into alleged misconduct. <a href=\"https:\/\/twitter.com\/BRWrestling?ref_src=twsrc%5Etfw\">@BRWrestling<\/a> <a href=\"https:\/\/t.co\/9KLnBPmCem\">pic.twitter.com\/9KLnBPmCem<\/a><\/p>\n<p>\u2014 Bleacher Report (@BleacherReport) <a href=\"https:\/\/twitter.com\/BleacherReport\/status\/1537778719309299719?ref_src=twsrc%5Etfw\">June 17, 2022<\/a><\/p>\n<p>McMahon is the husband of former Trump Small Business Administration chief Linda McMahon. Their daughter, Stephanie McMahon, will serve as interim CEO and chairwoman until the probe concludes, <a href=\"https:\/\/corporate.wwe.com\/investors\/news\/press-releases\/2022\/06-17-2022-120023255\">the company announced on Friday<\/a>.<\/p>\n<p>The investigation, which began in April, was first reported Wednesday by <a href=\"https:\/\/www.wsj.com\/articles\/wwe-board-probes-secret-3-million-hush-pact-by-ceo-vince-mcmahon-sources-say-11655322722\">The Wall Street Journal<\/a>. The report said McMahon had hired the woman as a $100,000-per-year paralegal and then doubled her salary after the alleged affair began. He then allegedly handed the woman off \u201clike a toy\u201d to John Laurinaitis, WWE\u2019s head of talent, according to the report.<\/p>\n<p>The board learned of the alleged affair from an anonymous email from a purported friend of the woman. The alleged paramour did not accuse McMahon of harassment, according to McMahon\u2019s lawyer, Jerry McDevitt.<\/p>\n<p>\u201cMy friend was so scared so she quit after Vince McMahon and lawyer Jerry paid her millions of dollars to shut up,\u201d the initial email to the board said.<\/p>\n<p>McMahon allegedly used his own money to pay off the ex-employee, with $1 million upfront and another $2 million to be paid out over five years.\u00a0The ongoing investigation has reportedly uncovered other similar nondisclosure agreements between McMahon and other employees in the past.<\/p>\n<p>The WWE board statement continued by saying, \u201cMcMahon will retain his role and responsibilities related to WWE\u2019s creative content during this period and remains committed to cooperating with the review underway.\u201d<\/p>\n<p>WWE announced that McMahon will appear on SmackDown tonight at 8 p.m. ET live on FOX.<\/p>\n<p>McMahon has been company chairman since buying the company from his father in 1982.\u00a0Revenue last year surpassed $1 billion for the first time.\u00a0WWE stars who have become household names in entertainment include Hulk Hogan, Dwayne \u201cThe Rock\u201d Johnson, and John Cena.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Wrestling Entertainment boss Vince McMahon has stepped down as CEO amid a scandal involving allegations he paid millions in hush money to keep an extramarital affair quiet. The wrestling impresario, who built his father\u2019s business into a multi-billion-dollar conglomerate, allegedly agreed to pay $3 million to the employee, who has not been named. The &#8230;<\/p>\n","protected":false},"author":729,"featured_media":1520649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1520548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1520548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/729"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1520548"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1520548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1520649"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1520548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1520548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1520548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}