The Wall Street Journal has published another article regarding McMahon.
The Wall Street Journal reported that Vince McMahon was paid $12 million in non-disclosed agreements to four women within the last 16 years. One of the women was a former WWE superstar.
WSJ noted that McMahon was paid $7 million to a former WWE superstar after she made a sexual allegation against McMahon. The report further stated that McMahon demoted her and declined to renew her contract when the superstar refused to do further sexual encounters in 2005. You can read the full article by clicking here.
WWE's Vince McMahon paid out $12 million in settlements to suppress allegations of sexual misconduct and infidelity over the past 16 years, people familiar say https://t.co/6HHLPmtIxX— The Wall Street Journal (@WSJ) July 8, 2022
WWE has not made any public comment regarding the latest WSJ article. However, PWInsider reported that WWE had issued the following notice to employees.
“The Wall Street Journal has published a second story with expanded details on its initial WWE report last month. We want to reiterate that we and our Board of Directors take these allegations seriously.
We’ve been cooperating fully with the investigation led by our Board of Directors and will continue to do so until its conclusion. Please note that upon its conclusion, WWE leadership will make itself available to answer any questions you may have.
We will update you when we receive more details. Stay tuned with The Spotlight.