Vince McMahon resigns from TKO, WWE after disgusting details on allegations surface – UPDATED

Update: Vince McMahon has resigned from his roles at WWE and parent company TKO after disturbing new allegations surfaced.

“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, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately,” Vince McMahon said in a statement.

For the past several years WWE chairman Vince McMahon has been embroiled in a series of sexual misconduct scandals, some of them stretching back to allegations made more than 30 years ago. In 2022, the company’s board of directors launched an investigation into ‘hush-money’ settlements paid by McMahon totaling nearly $20 million.

As a result of that investigation, Vince McMahon was forced to step down as CEO of the WWE, and eventually announced his retirement. That move was short lived, however, with Vince McMahon returning to the pro-wrestling promotion just six months later to once again take control. In a recent report from the Wall Street Journal, however, one of the apparent recipients of McMahon’s payoffs has filed a lawsuit, exposing his alleged conduct in more disturbing detail.

Wrestling: WWE-Wrestlemania, Apr 3, 2022; Arlington, TX, USA; WWE owner Vince McMahon during WrestleMania at AT&T Stadium. Mandatory Credit: Joe Camporeale-USA TODAY Sports, 03.04.2022 22:02:17, 18017398, Wrestling, WWE, AT&T Stadium, Wrestlemania PUBLICATIONxINxGERxSUIxAUTxONLY 18017398
Disgusting details have surfaced about the longtime WWE boss Vince McMahon | Joe Camporeale / USA TODAY Network, IMAGO

Wall Street Journal exposes Vince McMahon’s sexual assault claims

The Wall Street Journal has gained access to court documents from a former WWE employee as part of a lawsuit filed in January of 2024. In those documents, the employee claims that they were subjected to sex trafficking perpetrated by Vince McMahon.

This lawsuit appears to have come about after McMahon failed to follow through on a $3 million NDA agreement. Paying only $1 million of the money promised before allegations of his past misconduct became public knowledge in 2022, at which point he stopped further payments. As a result the current lawsuit would nullify the terms of the NDA, along with granting unspecified damages.

In the WSJ article, the accusing party alleges that they met McMahon through a manager at her apartment building in 2019, where the WWE executive lived in the penthouse suite. McMahon reportedly showered them with gifts and pressured them into sex in exchange for employment with the WWE. After sharing photos and stories of his sexual exploits to other WWE employees, the plaintiff alleges that they were also coerced to have sex with former WWE head of talent relations John Laurinaitis, who is also named in the lawsuit.

McMahon controlled her professional and personal lives and subjected her to degradation, according to the suit. In the June 2021 encounter inside the WWE office, the suit said McMahon and Laurinaitis forced themselves on her and took turns restraining her for the other, while saying “No means yes” and “Take it, b—.”

The lawsuit also claims that at one point, during a sexual encounter McMahon “defecated” on the plaintiff’s head, as detailed in a report from Variety.

Citing an example of McMahon’s “extreme depravity,” on May 9, 2020, “he defecated on Ms. Grant during a threesome, and then commanded her to continue pleasuring his ‘friend’ — with feces in her hair and running down her back — while McMahon went to the bathroom to shower off,” the lawsuit says.

Eventually McMahon reportedly paid for an extended stay at a health clinic for the plaintiff due to her deteriorating physical and mental health.

Brock Lesnar named

One of the most notable names to come up in this new lawsuit is former UFC and current WWE superstar Brock Lesnar. Allegedly Vince McMahon shared sexually explicit material featuring the plaintiff with Lesnar, as a lure to get the former NCAA D1 national champion wrestler back under contract in 2021. Afterward, McMahon apparently texted the plaintiff that “part of the deal was f—ing U.”

WSJ reports that Lesnar asked the plaintiff to send a video of themselves urinating, then called them a “b—h” after they complied. Lesnar then attempted to “set a play date,” only to cancel the plan after a snowstorm prevented him from traveling.

Wrestling: WWE-Royal Rumble, Jan 29, 2022; St. Louis, MO, USA; Brock Lesnar celebrates after winning the Royal Rumble match during the Royal Rumble at The Dome at America s Center. Mandatory Credit: Joe Camporeale-USA TODAY Sports, 29.01.2022 21:56:03, 17587381, Wrestling, Brock Lesnar PUBLICATIONxINxGERxSUIxAUTxONLY 17587381
WWE and UFC star Brock Lesnar was also named in the lawsuit. | Joe Camporeale / USA TODAY Network, IMAGO

TKO statement

The Wall Street Journal claims they have reached out to McMahon, his attorney, Lesnar, and the WWE for comment, but did not receive a response.

In the Variety report, a spokesperson for TKO claimed the company was currently “addressing this matter internally.”

“Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE,” TKO said of the current lawsuit. “While this matter predates our TKO executive team’s tenure at the company, we take [the plaintiff]’s horrific allegations very seriously and are addressing this matter internally.”

It’s time! – UFC & WWE merger about to begin

With the UFC lawsuit getting class certification, PFL in talks to buy Bellator, and Francis Ngannou getting a mega-fight with Tyson Fury fans could be forgiven for forgetting about one of the biggest stories in combat sports over the last year. Just this past spring, Hollywood entertainment giants Endeavor purchased a majority stake in the world’s largest pro-wrestling sports-entertainment business, the WWE.

With the WWE valued at more than $9 billion, the move has given Endeavor serious market dominance in two of the world’s largest sports-event companies—with future plans to merge the UFC & WWE into one publicly traded organization. Well, the future is now.

WWE & UFC merger to start September 12th

Deadline reports that, following their purchase of the WWE back in April, Endeavor plans to move ahead with their stated goal of rolling their two sports-entertainment brands into one, starting this coming Tuesday, September 12th. Despite the merger and new TKO branding, expectations are that we’ll continue to see the WWE and UFC continue as separately run organizations, with Dana White retaining his role as UFC president and Ari Emanuel acting as CEO of TKO.

The merger also, initially, included plans to see Vince McMahon retain his position as chairman of the WWE, but his status is currently a little more murky. Back in July, McMahon was subject to a search warrant by federal agents, as part of an ongoing probe into allegations of funds misappropriation. McMahon has been accused of paying as much as $20 million to settle claims of sexual misconduct stretching back multiple years from multiple women.

“In 2022, WWE formed a special committee to review allegations of misconduct against me,” McMahon said in a statement in early August. “That review was concluded in November 2022 following an extensive investigation. Throughout this experience, I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing. I am focused on completing the recovery process from my recent spinal surgery and on closing our transaction with Endeavor, which will create one of the preeminent global sports and entertainment brands.”

McMahon has been on indefinite medical leave following back surgery that took place in July. While the WWE has released statements to the effect that he will remain in his position as chairman of the promotion upon his return, the ongoing nature of the investigation has left his position in this merger unclear.

“This company has been on fire for the last seven years and now that we will be adding WWE to the portfolio, I am excited to take this to another level,” UFC president Dana White said of the merger back in April. “Vince is a savage in the wrestling space, Ari is a beast at what he does, and then add what we at UFC bring to the table and there is no limit to what this company can accomplish in the next few years.”

While it’s unclear what kind of crossover branding might result from the WWE & UFC running side by side under the TKO banner, for now it seems most likely that fans will continue to see both promotions running their business as usual.

UFC business a boon amid writer’s strike

With Endeavor’s WWE/UFC business deal coming to a close, it’s worth noting that the UFC has been a major boon to the company since it’s purchase, for $4 billion back in 2016. Most recently, Endeavor saw a net income of $666.5 million (Q2 2023). And while the Hollywood Reporter suggests that the company is likely to see some serious damage in Q3 due to the ongoing SAG-AFTRA writers striker, their ‘unscripted content’ business has been a major strength.

Speaking to the Reporter, Ari Emanuel pinned much of the companies recent revenue gains on “the delivery of projects in Endeavor’s nonscripted content production business,” with a note that their ‘owned sports division’ saw a 2.5 percent revenue increase from 2022.