Current:Home > FinanceWWE's Vince McMahon resigns after being accused of sex trafficking, assault in lawsuit-Angel Dreamer Wealth Society D1 Reviews & Insights
WWE's Vince McMahon resigns after being accused of sex trafficking, assault in lawsuit
View Date:2025-01-11 08:29:17
Note: This story contains graphic descriptions of sexual abuse that may be offensive to some readers or painful to survivors of sexual assault.
Vince McMahon has resigned as executive chairman and board member of TKO Group Holdings, parent company of WWE, after a former employee accused him of sex trafficking and sexual misconduct, USA TODAY Sports confirmed.
McMahon announced he is stepping down one day after Janel Grant, a former employee at WWE headquarters, filed a lawsuit against McMahon, WWE and the company’s former head of talent relations, John Laurinaitis.
According to court documents, McMahon allegedly pushed Grant into "a physical relationship in return for long-promised employment at WWE," which involved a forced sexual relationship, sharing of private photos and videos, as well as coercing Grant into having sexual relations with other WWE staffers, including Laurinaitis.
"McMahon also subjected Grant to acts of extreme cruelty and degradation that caused Grant to disassociate and/or become numb to reality in order to survive the horrific encounters," the lawsuit states.
“I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name,” McMahon said in a statement to USA TODAY Sports on Friday. “However, 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.”
LAWSUIT:Vince McMahon accused of sex trafficking, assault of former WWE employee he paid for NDA
The lawsuit states that in January 2022, McMahon said his wife, Linda McMahon, found out about the relationship with Grant, and he "wanted to ensure that Grant would remain silent about his personal misconduct in order to preserve his controlling interest in WWE." He advised Grant to sign a non-disclosure agreement and would pay her for it. The two sides agreed for a payment of $3 million for Grant signing the NDA, but after it was signed, Grant said she only received $1 million and didn’t receive the rest of the agreed amount.
The lawsuit asks for a ruling that the NDA is invalid under state and federal law because McMahon breached the agreement and took part in sex trafficking. The suit states Grant will prove in a trial she will need "lifelong treatment" because of the "pain and suffering" caused by McMahon.
In the statement provided to USA TODAY Sports on Friday evening, McMahon again denied the allegations.
“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," McMahon said.
McMahon had served as executive chairman of TKO Group Holdings, the company that owns WWE along with the UFC. He made a public appearance with the company on Tuesday when Dwayne "The Rock" Johnson was appointed as a board member for the company, and he rang the opening bell at the New York Stock Exchange. TKO had previously said McMahon had no part in the day-to-day operations of WWE.
The news of McMahon's departure came as "Smackdown" took place at the Kaseya Center in Miami. There was no mention of McMahon during the live broadcast, and WWE will hold its annual Royal Rumble event Saturday at Tropicana Field.
veryGood! (94787)
Related
- Bodyless head washes ashore on a South Florida beach
- A Mississippi university proposes dropping ‘Women’ from its name after decades of also enrolling men
- Apple to begin taking pre-orders for Vision Pro virtual reality headsets
- Japan issues improved emergency measures following fatal plane collision at Haneda airport
- Kelly Rowland and Nelly Reunite for Iconic Performance of Dilemma 2 Decades Later
- Michigan cosmetology school agrees to $2.8M settlement in an unpaid labor dispute
- Italian influencer under investigation in scandal over sales of Christmas cakes for charity: reports
- Parents of Iowa teen who killed 1 and wounded 7 in shooting say they had ‘no inkling’ of his plan
- Sean Diddy Combs' Lawyers File New Motion for Bail, Claiming Evidence Depicts a Consensual Relationship
- Julianne Moore and Natalie Portman Respond to Vili Fualaau's May December Criticism
Ranking
- What that 'Disclaimer' twist says about the misogyny in all of us
- As more debris surfaces from Alaska Airlines' forced landing, an intact iPhone has been found
- Tiger Woods leaves 27-year relationship with Nike, thanks founder Phil Knight
- NBA commish Adam Silver talked Draymond Green out of retirement
- The Daily Money: Mattel's 'Wicked' mistake
- The return of bullfighting to Mexico’s capital excites fans and upsets animal rights groups
- Door plug that blew off Alaska Airlines plane in-flight found in backyard
- Endangered jaguar previously unknown to U.S. is caught on camera in Arizona
Recommendation
-
Get Your Home Holiday-Ready & Decluttered With These Storage Solutions Starting at $14
-
Gigi Hadid Joins Bradley Cooper and His Mom for Dinner After Golden Globes 2024
-
When can you file taxes this year? Here's when the 2024 tax season opens.
-
Investigators found the 'door plug' that blew off a Boeing 737 Max. Here's what it is
-
NATO’s Rutte calls for more Western support for Ukraine, warns of Russian alliances
-
Gillian Anderson wears dress with embroidered vaginas to Golden Globes: 'Brand appropriate'
-
‘King of the NRA': Civil trial scrutinizes lavish spending by gun rights group’s longtime leader
-
3 people mistakenly eat laundry detergent in Taiwan election giveaway gone awry