WWE board launches probe into alleged $ 3M payoff for CEO Vince McMahon’s female ex-employee silence

According to the Wall Street Journal on Wednesday, the board of World Wrestling Entertainment is investigating a secret मेंट 3 million payment made by Vince McMahon, CEO of the company, to an ex-female employee in an alleged love affair.

According to the journal, the split agreement, signed in January, now seeks to prevent the former employee from discussing her relationship with McMahon or making derogatory remarks about her. An email sent to WWE board members on March 30 suggested that McMahon, 76, hired a 41-year-old former employee on a 100,000 salary and then paid her $ 200,000 after he allegedly had sex with her.

Citing documents and accounts of people familiar with the board’s investigation, the report said the board’s investigation began in April and uncovered several other non-disclosure agreements over the years, including allegations of misconduct by former employees against McMahon and John Lorinitis, the head of the WWE. Talent relationship

In an email to the board regarding a former WWE employee hired as a paralegal in 2019, McMahon accused the woman of giving him “toy” laryngitis. The board is investigating allegations of emails, the report said. The WSJ reports that the board has retained law firm Simpson Thatcher and Bartlett for questioning, and that payments for other non-disclosure agreements involving the former employee are in the millions of dollars.

An ESPN request for comment from WWE was not returned Wednesday night. The WSJ reported that WWE spokesmen were cooperating fully with the board’s investigation and that the relationship between Paralegal and McMahon was consensual.

McMahon was predeceased by his father, Vincent J. McMahon and company formed the global wrestling superpower and media group that created crossover stars like Hulk Hogan, The Rock, “Stone Cold”. Steve Austin and John Cena.

WWE is a publicly traded company, but McMahon still has a majority stakeholder vote.

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