Tuesday, July 5

Tag: SmackDown

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Vince McMahon Steps Back As WWE CEO Amid Affair Allegations

Photo: George Napolitano (Getty Images)Today, WWE CEO Vince McMahon “voluntarily stepped back” from his roles within the company amid an ongoing investigation of an alleged affair and payout with a WWE employee, according to the Wall Street Journal. His daughter, Stephanie McMahon, will serve as the wrestling promotion’s interim CEO and chairperson. Yesterday, the Wall Street Journal revealed WWE’s board reportedly launched an investigation back in April regarding a $3 million dollar hush money payment to a former employee. According to WSJ, the woman, who was hired as a paralegal back in 2019, signed a separation agreement with McMahon in January that barred her from discussing or disparaging her relationship with him. A WWE spokesperson also told the paper that “the relationship with the...