The Wall Street Journal had previously rocked WWE by publishing an article revealing that Vince McMahon had paid a former female employee $3 million in hush money. This resulted in McMahon temporarily stepping down from his position of CEO & Chairman, with his daughter Stephanie returning to run the business. Now though, the Wall Street Journal has published another article on its website disclosing even more regarding McMahon’s inappropriate behavior over the years, exposing the fact he paid an additional three women to keep silent. One of which received a massive $7.5 million payoff.
While the company has yet to issue any further comment to the media regarding these news revelations, an internal memo has been circulated to employees, which PWInsider.com has shared. In this, they acknowledge the new report and state that the board takes the allegations seriously and that WWE leadership is available to answer questions.
The Wall Street Journal has published a second story with expanded details on its initial WWE report last month. We want to reiterate that we and our Board of Directors take these allegations seriously. We’ve been cooperating fully with the investigation led by our Board of Directors and will continue to do so until its conclusion. Please note that upon its conclusion, WWE leadership will make itself available to answer any questions you may have. Thank you.
PWInsider.comWhen the initial story broke, McMahon didn’t hide away and made appearances on both Raw and SmackDown, seeming to show the world he was facing the allegations head-on. And it should be noted that despite stepping down as an executive, he remains in control of WWE creative; however, whether this new revelation will alter that remains to be seen. Still, many fans on social media are calling for McMahon to step away from the company he took worldwide to ensure its long-term future.
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