After it was revealed that WWE CEO Vince McMahon was concerned in a hush pact, it was unknown what WWE’s Board of Administrators would discover following an unbiased investigation. Extra particulars had been launched, this time from a separate investigation.
The Wall Road Journal, which beforehand reported that McMahon was concerned a secret $3 million hush pact relating to an alleged affair over a former paralegal with the corporate, is reporting that McMahon agreed to pay “greater than $12 million over the previous 16 years to suppress allegations of sexual misconduct and infidelity.” 4 ladies had been concerned on this report.
Expertise relations head John Laurinaitis has additionally been named within the latest allegations. He has been placed on administrative go away by the corporate following the preliminary report. This report additionally goes into element relating to an alleged $1.5 million nondisclosure settlement reached in 2012 with an worker involving misconduct claims in opposition to Laurinaitis.
Per the WSJ, these ladies ”signed agreements that prohibit them from discussing potential authorized claims in opposition to or their relationships.” In line with the report, former WWE workers said that McMahon’s affairs had been frequent information. A spokesperson for the board’s unbiased administrators, in addition to WWE, declined to touch upon the matter.
One of many reported settlements, per the WSJ, was a $7.5 million pact with a former wrestler. The wrestler said that McMahon allegedly “coerced her into giving him oral intercourse after which demoted her and, in the end, declined to resume her contract in 2005 after she resisted additional sexual encounters.” It’s unknown for the time being who this particular feminine wrestler is. One other settlement concerned unsolicited nude photographs of McMahon to a feminine workers member. The girl’s 2008 nondisclosure settlement included that he sexually harassed her whereas on the job. She ended up receiving $1 million.
In 2006, McMahon allegedly initiated a sexual relationship with a former supervisor who labored with him for 10 years. She was additionally paid $1 million in hush cash.
Within the Wall Road Journal’s preliminary report, McMahon allegedly employed a girl at a $100,000 annual wage however then elevated the wage to $200,000 following a sexual relationship. An nameless e mail despatched to the WWE Board by an alleged buddy of the paralegal claimed McMahon “gave her like a toy” to Laurinaitis.
On account of these findings, McMahon stepped down as CEO of the corporate. Nonetheless, he’s nonetheless in control of artistic and has often appeared on the RAW and SmackDown TV packages since then. McMahon was final seen within the public eye at UFC 276, sitting together with his daughter Stephanie, Paul “HHH” Levesque, and Nick Khan.
Stephanie has since been appointed as interim CEO and interim Chairwoman. Together with Levesque and Khan, Stephanie is a member of WWE’s board. It’s unknown how far again the board’s investigation will probably be going.