Vincent Kennedy McMahon is an American businessman, media proprietor, sports executive, and former professional wrestling promoter and is the owner of Alpha Entertainment.
Alongside his wife Linda, McMahon co-founded the modern WWE, which is recognized as the world’s largest professional wrestling promotion.
Now, in a shocking twist of events, McMahon, has resigned from his role following a sexual misconduct lawsuit brought against him.
The lawsuit was filed by a former WWE employee, Janel Grant Hamilton.
She accused McMahon of forcing her into engaging in sexual activities and subsequently taking revenge on her when she rejected his advances.
Despite McMahon’s denial of these accusations, his unexpected resignation has sent shockwaves throughout the wrestling community.
Grant tagged the company and former head of talent relations, John Laurinaitis in the sexual misconduct complaint.
Grant claimed that McMahon offered her a job at WWE and subsequent promotions in return for sexual favours.
She stated that he also shared explicit photos and videos of her with male colleagues and made increasingly disturbing sexual requests.
McMahon refuted these allegations and expressed his readiness to defend himself in court.
He further declared his resignation from his roles as TKO executive chairman and member of the TKO board of directors.
Respect for WWE
“I stand by my prior statement that Ms Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred and is a vindictive distortion of the truth,” he said in a statement.
“I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately,” he said.
“[This is] out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today.”
Recently, Nick Khan, WWE President, revealed that McMahon will no longer be involved with TKO Group holdings or WWE.
Walking down memory lane, you’d remember that in 2022, the WWE board launched an investigation regarding a purported $3 million settlement.
It was between McMahon and a former employee with whom he had an extramarital relationship.
However, the investigation concluded in November 2022, and McMahon resumed his position on WWE’s board in January 2023.