Vince McMahon Paid $12 Million to Four Women as Hush Money
According to the latest reports, WWE’s former CEO Vince McMahon agreed to pay $12 million to four women to suppress sexual misconduct allegations.
Wall Street Journal reported that Vince McMahon paid more than $12 million as hush money over the last 16 years in order to suppress sexual misconduct allegations and infidelity.
According to reports, these women signed agreements preventing them from speaking against McMahon or making any legal claims against him.
These settlements also include a $7.5 million pact with a former WWE employee. It is reported that Vince McMahon demoted and denied renewing her contract after forcing her into giving oral sex to him in 2005.
This employee approached Vince McMahon along with her attorney and asked for money in return for her silence in 2018.
There was also a 2006 agreement where Mr. McMahon allegedly formed a sexual relationship with a former manager who had worked for more than 10 years. He reportedly paid her $1 million to stay silent.
The initial report by WSJ revealed that the Board of Directors are investigating a $3 million settlement that Vince McMahon agreed to pay to a former WWE employee to keep their relationship a secret.
On June 17, Vince McMahon stepped back from the position of WWE CEO, and then his daughter Stephanie McMahon was named the interim CEO of WWE.