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

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 payment to Trump himself as an appearance fee.

Speaking to the WSJ, McMahon’s attorney Jerry McDevitt said that Mr. Trump and WWE entered into a contract whereby WWE agreed to and did pay him personally an appearance fee of $1 million and then also the McMahons made a personal contribution to the Trump Foundation of $4 million.

The report suggested that the $1 million fee was a bonus for his WrestleMania 23 appearance and the success it brought but McDevitt refuted this.

“There was no additional fee paid to Mr. Trump, or any additional contribution to the Trump Foundation, due to the success of the event.”

Trump was part of WrestleMania 24, siding with Bobby Lashley as he took on Umaga with Vince McMahon in his corner. Lashley won the match and resulted in McMahon getting his head shaved. Two years later, Trump appeared on WWE TV again where an angle was played out that he bought Monday Night Raw.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you


Rampage rating for 02/23/2024

Rampage on Friday night returning to its usual 10PM time slot drew 364,000 viewers, up 64,000 viewers from the...

NXT back live on USA Network tonight, four matches announced

NXT returns with a live broadcast tonight after last week's episode was pre-taped due to some key people behind...

Report: Drew McIntyre has not signed a new WWE deal yet

The Daily Mail is reporting that Drew McIntyre has still not signed a new WWE contract despite the big...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading