WWE Probes $3m Hush Money Paid by Vince Mcmahon to Female Employee
2 min read
(Photo by Ethan Miller/Getty Images)
According to a source, the board of World Wrestling Entertainment is looking into a secret $3 million settlement that CEO Vince McMahon Jr. agreed to pay to a former female employee with whom he reportedly had an affair.
WWE Probes $3 Million Payment
The agreement reached by McMahon, 76, was intended to prevent the departing employee, who was hired as a paralegal in 2019, from disclosing her relationship with the longtime WWE executive or making critical statements about him, according to the Wall Street Journal, citing documents and people familiar with the situation.
According to the sources, the investigation, which began in April, uncovered similar pacts signed with former female employees on behalf of John Laurinaitis, a former wrestler who now runs talent relations for WWE. A WWE representative said the business is complying with the board’s probe and that McMahon and the lady had a consensual relationship.
When Vince McMahon was 16 years old he met a 13 year old Linda McMahon in a church for the very first time. pic.twitter.com/oikP6aCqkI
— Wrestling Facts (@WrestlingsFacts) February 20, 2022
Vince McMahon used personal cash to pay former female workers
According to the source, which cited an unidentified source. The board’s eight independent directors have hired New York-based law firm Simpson Thacher & Bartlett LLP to undertake the probe. McMahon used personal cash to pay former female workers who signed the agreements, including the one containing charges against Laurinaitis, according to preliminary investigations.
McMahon’s lawyer, Jerry McDevitt, stated in a statement. To The Wall Street Journal that the former employee had not made any charges. Of harassment against the WWE’s CEO and that the company “did not pay any money” to her “on her departure.”
Claims of steroid distribution and conspiracies involving WWE wrestlers
McDevitt, a Pittsburgh-based lawyer at legal firm K&L Gates, has represented WWE and McMahon for decades. In the 1990s. He represented them against federal allegations of distributing and conspiring to distribute steroids to WWE wrestlers, and they were acquitted.
McMahon transformed WWE into a global organisation. Breaking the previous idea of “territories”. That was part of a “gentlemen’s agreement” amongst promoters, including McMahon’s father, Vince McMahon Sr. Who created and ran the World Wide Wrestling Federation (now WWE). The National Wrestling Alliance, the American Wrestling Alliance, and the WWWF. All had geographical boundaries and did not infringe on the rights of other enterprises.
Shraddha
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