WWE Board Probes Secret $3 Million Hush Pact by CEO Vince McMahon, Sources Say
Photo credit WWE
BREAKING NEWS: Vince McMahon and John Laurenitis Involved In A Sexual Affair with Former WWE Employee. Hush Money Paid. Multiple Previous Incidents Being Looked Into.
The Wall Street Journal is reporting the WWE Board of Directors is looking into a secret $3 million settlement that longtime chief executive Vince McMahon agreed to pay to a departing employee with whom he allegedly had an affair, according to documents and people familiar with the board inquiry.
A January 2022 separation agreement agreed upon by the unnamed woman and the WWE bars the now-former employee, who was hired as a paralegal in 2019, from discussing her relationship with Mr. McMahon or disparaging him, the people said.
The board's investigation, which began in April, has unearthed other, older nondisclosure agreements involving claims by former female WWE employees
of misconduct by Mr. McMahon and one of
his top executives, John Laurinaitis, the head of talent relations at WWE, the people said. The Journal couldn't
determine how many previous agreements were being scrutinized.
The first email, sent to board members on March 30, alleged that Mr. McMahon, 76 years old, initially hired the woman at a salary of $100,000 but increased it to $200,000 after beginning a sexual relationship with her. The email to the board also alleged that Mr. McMahon "gave her like a toy" to Mr. Laurinaitis. The board is investigating the allegations in the email, the people familiar with the inquiry said.
"My friend was so scared so she quit after Vince McMahon and lawyer Jerry paid her millions of dollars to shut up," the initial email to the board said, referring to Mr. McMahon's longtime lawyer, Mr. McDevitt, who negotiated the deal, according to people familiar with the board inquiry.
The Company tells WSJ that relationship was consensual and is cooperating with the inquiry.