WWE Boss Vince McMahon Paid $3 Million To ‘Settle’ His S*xual Relationship With An Employee

Company’s head Vince McMahon has found himself in big trouble. He was allegedly in a s*xual relationship with a former female employee and the matter is currently under investigation.

Vince has always been in talks over his controversial backstage decisions. Many wrestlers have come out speaking against him, but this time, the WWE boss seems trapped in a big mess as the investigation is in full swing about him being in a s*xual relationship with a former employee.

Budget

What to look for:

As per The Wall Street Journal’s report, Vince McMahon had hired the female employee on a salary of $100,000 and gave her a hike of a hundred per cent when their affair began.

What to look for:

He allegedly signed a settlement agreement with the employee to avoid disclosing details about their affair and paid her $3 million . The matter is now under investigation and some other older nondisclosure agreements are also being investigated, as per claims made by other women employees.

WWE New Ceo : Stephanie McMahon

The board appointed Stephanie McMahon as interim CEO. Ms. McMahon, Mr. McMahon’s daughter, had stepped away from her role as WWE’s chief brand officer last month

stephanie mcmahon  and triple h

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Top floor access

The board appointed Stephanie McMahon as interim CEO. Ms. McMahon, Mr. McMahon’s daughter, had stepped away from her role as WWE’s chief brand officer last month

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Writing in a LinkedIn post that she was “taking this time to focus on my family” but that she planned to return.

What to look for:

Ms. McMahon; her husband, Paul Levesque, better known as the wrestler Triple H; and WWE President Nick Khan. Man Jit Singh, a former Sony Pictures Home Entertainment executive

..is the lead independent director and is running the inquiry, according to people familiar with it. WWE, runs the world’s most famous wrestling business, rights.

That revenue includes a five-year exclusive agreement with NBCUniversal’s Peacock streaming platform in 2021 that is valued at $1 billion.3

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