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WWE investigates a possible economic diversion of Vince McMahon

A new scandal would have shaken the internal administration of WWE (World Wrestling Entertainment Inc.). According to the news portal Wall Street Journalthe board of directors of the company started an investigation against Vince McMahon after the latter diverted the sum of three million dollars.

The investigation would have begun in the middle of April, when several female WWE workers claimed misconduct by McMahon and John Laurinaitis, company talent manager. Specifically, a former employee was compensated with the aforementioned monetary amount after leaving the company in January. The worker was under contract as a legal assistant to the company since 2019, and several internal reports assure that she received this money “to keep silent about her relationship or her approaches to Vince McMahon.”

The process carried out by WWE and the legal firm Simpson Thacher & Bartlett LLP will allow us to determine how many times this kind of illicit payment has been repeated in previous years. Initially, several witnesses clarified that several million dollars have been allocated with similar intentions. The agreements to former employees were financed by the personal funds of McMahon, who signed these documents and others that also made mention of Laurinaitis.

A WWE spokesperson clarified to the WSJ that the relationship between Vince and the former employee was consensual. However, the company will continue to work to take the appropriate measures in this situation. On the other hand, although Vince and John have not directly referred to the issue, attorney Jerry McDevitt made brief statements on behalf of Vince McMahon. McDevitt clarified to the WSJ that the employee has not filed charges of sexual harassment, and ensures that WWE has not paid any type of economic agreement. More news related to this situation is expected in the coming days.

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