LATEST NEWS

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

0
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

0
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

0
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

0
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

0
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

0
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

0
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

0
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

0
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

0
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...

Revealed: E-mail from Vince McMahon to WWE Superstars announcing retirement

0
A confirmed WWE insider on the popular Reddit SquaredCircle forum, kerrmit125, published the e-mail that Vince McMahon sent to all the WWE Superstars after the retirement announcement came out. "To all WWE Superstars: as I approach 77 years old (OMG am I really that old?), I feel it's time for...

Stephanie McMahon and Nick Khan announced as co-CEOs of WWE

0
While retaining his position as a majority shareholder in the company, Vince McMahon is stepping away from all duties, including that of creative, which he has held on to since stepping down temporarily from CEO and Chairman when the WWE Board of Directors started the investigation on him. His departure...

WWE press release on Vince McMahon’s retirement

0
WWE issued a press release announcing the official retirement of Vincent Kennedy McMahon from the company. The full press release is as follows: As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE. Throughout the years, it’s been a privilege to...

Vince McMahon announces retirement from WWE

0
The day that many thought it would never come arrived today as Vince McMahon, arguably the greatest professional wrestling promoter in our lifetime, announced that he is retiring. At 77, time for me to retire," McMahon wrote in a tweet. "Thank you, WWE Universe. Then. Now. Forever. Together." McMahon also...

More Vince McMahon hush money stories expected to be published soon

0
The situation for Vince McMahon is about to get even worse as multiple insiders are reporting that more stories involving alleged inappropriate behavior will be coming out soon. PWInsider.com reports that the same journalists behind the Wall Street Journal story are working on another big one that will further put...

WSJ uncovers $12 million in hush money Vince McMahon paid over the years

0
Vince McMahon's problems have gone from bad to very, very, very bad as the Wall Street Journal has uncovered that McMahon paid $12 million in other hush money to four different women over the past 16 years. The payments went to former employees who all signed non disclosure agreements with...

Connor Schell of the WWE Board of Directors resigns

0
WWE Board of Directors member Connor Schell resigned from his position effective yesterday, July 6. The resignation was confirmed in a new SEC filing by WWE. "Mr. Schell resigned from the Board due to an increased slate of responsibilities resulting from his new, expanded role at the newly formed The...

Seven law firms seeking class action lawsuits against WWE

0
A total of seven law firms are seeking to file a class action lawsuit against WWE over the Vince McMahon investigation. WWE stock has continued to fall for the fifth consecutive day now and these law firms are trying to find WWE investors to join their respective lawsuits to potentially...

John Laurinaitis placed on admin leave, Prichard takes over

0
John Laurinaitis has been placed on administrative leave according to PWInsider.com and Bruce Prichard has been named interim Head of Talent Relations. The news was given to WWE personnel yesterday at Raw and Laurinaitis was not present for the show. Laurinaitis features in the current WWE Board of Directors investigation of...

Vince McMahon opens Friday Night Smackdown with quick appearance

0
Vince McMahon opened Friday Night Smackdown and came out to the ring to his usual theme song and a large ovation from the Minneapolis crowd. Under investigation and losing his Chairman and CEO titles, McMahon smiled and said it’s always a privilege for him to be standing in a WWE...

Major news outlets cover the WWE hush money investigation

0
The Vince McMahon hush money story and the subsequent stepping down from role as Chairman and CEO has taken major news websites by storm. Mainstream news outlets such as CNN, Yahoo!, Business Insider, New York Times, The Athletic, CNBC, Los Angeles Times, Politico, FOX News, Bloomberg, Sports Illustrated, ESPN, and...

Pat McAfee describes McMahon situation as “incredibly problematic”

0
Smackdown commentator Pat McAfee addressed the Vince McMahon story on his Pat McAfee Show yesterday and described the situation as "incredibly problematic." Admitting he knows less than everybody else, McAfee said that he flies in, says hello, does the work, and flies out that same night. “This is just me, I...

Vince McMahon to appear live on Smackdown tonight

0
Rather than staying behind the scenes, Vince McMahon is doing the most Vince McMahon thing ever and tonight will face the fans live on Smackdown. The announcement was made in a very short press release issued today, and Vince was referred to as Mr McMahon, his WWE character. McMahon voluntarily stepped...

Stephanie McMahon assumes power at WWE as Chairwoman and CEO

0
Stephanie McMahon's leave of absence was cut short just weeks after she announced her temporary departure from the company and is now back into the thick of things as the most powerful person - interim Chairwomen and CEO of World Wrestling Entertainment. Stephanie, who until she left had the role...