LATEST NEWS

Vince McMahon returns to the office at WWE Headquarters

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Vince McMahon staying away from WWE Headquarters didn't last long as the website RingsideNews.com is reporting that the Executive Chairman has returned and has been at his office all week, a nightmare scenario for those in Connecticut. McMahon, who bossed his way back into the company after resigning over the...

Stephanie McMahon gone from the WWE Board of Directors as well

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Stephanie McMahon's resignation not only saw her leaving her Chairwoman and co-CEO roles, but she's also completely out of the Board of Directors as well, not even staying on as a member. The WWE Board of Directors now consist of eight people and is three short of the usual 12...

Vince McMahon elected Executive Chairman of WWE’s Board of Directors

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WWE today announced that its Board of Directors unanimously elected Vince McMahon Executive Chairman of the Board.  Stephanie McMahon has resigned from her roles as Chairwoman and Co-CEO. Nick Khan will serve as WWE CEO. Vince McMahon: “First, I’d like to express my full support for Stephanie’s personal decision. I’ll forever be...

Stephanie McMahon resigns in full from WWE

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WWE Chairwoman and co-CEO Stephanie McMahon announced her full resignation from WWE last night, ending a seven-month spell in charge of the company her father founded. McMahon's departure is directly related to Vince McMahon returning to power. In a statement posted to Twitter, McMahon wrote that eight months ago she...

Vince back on the board members list, but Stephanie remains listed as Chairwoman

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Vince McMahon has been added back to the corporate.wwe.com website under the Board and Committee members, taking the top spot on the list. But Stephanie McMahon is still listed as Chairwoman while her father simply has the title Co-Founder and Former Chairman & CEO under his name. He is still...

E-mails between Vince McMahon and WWE Board of Directors published

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The e-mail correspondence between Vince McMahon and the WWE Board of Directors were published in the SEC filing with the United States Securities and Exchange Commission. McMahon initiated the e-mails on December 20, 2022, asking for the opportunity to return to the company, saying that it's "critical" for him to...

Three WWE board members fired, two resign following Vince’s arrival

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The return of Vince McMahon, George Barrios, and Michelle Wilson to the Board of Directors meant that three members had to make way for their arrival. McMahon, in his capacity as controlling shareholder of WWE, immediately removed JoEllen Lyons Dillon, Jeffrey R. Speed, and Alan M. Wexler from the Board. In...

SEC filing confirms Vince McMahon is officially back on the WWE Board of Directors

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In a filing with the United States Securities and Exchange Commission it was confirmed that Vince McMahon is officially back on the WWE Board of Directors. McMahon didn't come back because the company wanted, but because he used his shareholding power to force his way back. He originally resigned in...

Vince McMahon issues press release on his return to “support management team” to maximize...

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GREENWICH, Conn., Jan. 5, 2023 /PRNewswire/ -- Vince McMahon, the founder and controlling shareholder of World Wrestling Entertainment Inc. ("WWE" or the "Company") (NYSE: WWE), announced today that he has taken necessary actions to position the Company to capitalize on a unique opportunity to maximize long-term value for all WWE...

Vince McMahon forces his way back to WWE

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Vince McMahon is forcing himself back into WWE and he is bringing back two former allies - George Barrios and Michelle Wilson - in his attempt to takeover back his company. In bombshell news reported by Lauren Thomas of the Wall Street Journal, McMahon has informed the WWE board that...

Vince McMahon intends “comeback” at WWE, blames bad advice for leaving

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In the same Wall Street Journal story that revealed another allegation against Vince McMahon and ex-referee Rita Chatterton asking for an $11.75 million settlement, it was said that McMahon intends to "make a comeback" at WWE. Sources close to McMahon have indicated that he's convinced that he received bad advice...

Vince McMahon refusing to settle two rape allegations

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A new story on Wall Street Journal has claimed that Vince McMahon, the former WWE Chief Executive Officer and Chairman, is refusing to pay certain settlements, mainly to former WWF referee Rita Chatterton and a former Spa manager who is claiming that she was assaulted by him in 2011...

WWE Board of Directors investigation on Vince McMahon concluded

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The WWE Board of Directors investigation on Vince McMahon and the alleged hush money case has been concluded. The news was part of the press release issued yesterday to announce WWE's Q3 2022 financial results. The dent in operating income, which was down 8% year-over-year, was partly blamed on the...

$5 million from Vince McMahon’s unrecorded WWE expenses went to Donald Trump

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The latest $5 million in unrecorded expenses made by Vince McMahon which WWE uncovered were payments to President Donald Trump's charity. In a story published by the Wall Street Journal it was revealed that McMahon paid the now-defunct Donald J. Trump Foundation $4 million and then made another $1 million...

Investigation into McMahon’s hush money deals “substantially completed”

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The WWE Board of Directors investigation on the Vince McMahon hush money ordeal has so far cost WWE $1.7 million in expenses according to the latest documents filed with the United States Securities and Exchange Commission. The company anticipates that they will spend around $10 million for the rest of...

WWE uncovers $5 million more in unauthorized payments by Vince McMahon

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In a new filing with the Securities and Exchange Commission, WWE announced that it has discovered two additional payments totaling $5 million that Vince McMahon made in 2006 and 2009. These payments should have been recorded in the company’s consolidated financial statements but were not. This brings the total of...

John Laurinaitis fired from WWE

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PWInsider.com is reporting that John Laurinaitis has been fired from WWE although his termination was not widely circulated. Laurinaitis was implicated in the Wall Street Journal along with Vince McMahon for having a sexual relationship with a subordinate. He was given a leave of absence when the story came out...

Linda McMahon on the defensive after reporter asks about Vince’s resignation

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At the America First Agenda Summit, the chairwoman of Donald Trump's Super PAC America First Action, Linda McMahon, was asked about Vince McMahon's resignation from WWE and the investigation into the alleged hush money. "Yeah, I'm not going to talk about Vince and WWE. I'm here to talk about AFPI,"...

Vince McMahon forfeits 38,519 in WWE stocks

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Former WWE CEO and Chairman Vince McMahon forfeited 38,519 in Class A Common WWE stock in connection with his "retirement" from WWE effective July 22. The documents with the United States Securities and Exchange Commission were published yesterday. These were part of unvested stock units and exclude the 100 shares...

SEC and federal prosecutors launch inquiries into McMahon hush money payments

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The Wall Street Journal is reporting that the Securities and Exchange Commission and federal prosecutors have launched inquiries into payments made by Vince McMahon to settle allegations of sexual misconduct. Sources close to Vince told WSJ that he resigned from his position as CEO and Chairman on Friday after SEC...

Vince McMahon out of the WWE Board of Directors as well

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Vince McMahon has been removed from the WWE Board of Directors and no longer occupies a position despite being the largest shareholder of the company. This is the first time that McMahon will not be part of the Board ever since the company went public in October 1999. The WWE...

Vince McMahon’s departure listed as resignation and not retirement in legal docs

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Vince McMahon's departure from WWE was listed as resignation in the latest Form 8-K filing with the SEC, contrasting all previous press releases and media announcements that it was just retirement. The date listed for his resignation is Friday, July 22, and the resignation from his positions as Chief Executive...

WWE uncovers $14.6 million in unrecorded expenses related to Vince McMahon

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In the latest Form 8-K filing with the United States Securities and Exchange Commission, WWE announced that it has identified unrecorded expenses totaling approximately $14.6 million. All payments will be paid by Vince McMahon personally. These payments that Vince McMahon agreed to make during the period from 2006 through 2022 were...

Major news outlets cover the retirement of Vince McMahon

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The news of Vince McMahon announcing his retirement from WWE was picked up by top mainstream media websites yesterday. CNN, Variety, New York Times, Wall Street Journal, BBC, The Guardian, FOX News, Sports Illustrated, ESPN, USA Today, LA Times, CBS News, Deadspin, Sportico, The Athletic, and other major publications all...