Amidst Impending $3 Billion WWE Lawsuit, Vince McMahon Breathes $20 Million Sigh of Relief

Since the start of 2023, Vince McMahon has hit the headlines. First, it was his surprise return that grabbed the eyeballs. Next, he put months of speculation to rest by announcing a $21 billion deal with Endeavor that will see the UFC and WWE merge into one company. However, not everyone was happy with McMahon finding his way back to WWE headquarters. This led to several investors launching a legal war against the 77-year-old.

After weeks of tension, the WWE boss has had the last laugh, albeit at a cost.

Investors drop lawsuit after Vince McMahon agrees repayment

WWE shareholders who filed a consolidated lawsuit against Vince McMahon over his unexpected return to the governing body dropped it on May 3. According to Bloomberg Law, the investors’ claims became moot when the 77-year-old agreed to repayment of $17.4 million in late March.

WWE paid the aforementioned amount during the investigation of McMahon, which scrutinized his role in alleged sexual harassment and hush money claims. Meanwhile, McMahon’s repayment does not cover the $20 million he allegedly paid in 2007.

Meanwhile, Vinnie Mac has a bigger threat ahead of him in the form of another former employee- a female wrestler.

Several WWE stars named in $3 billion lawsuit in fresh headache for Vince McMahon

A 41-year-old female wrestler shocked the pro-wrestling world in April as she sought $3 billion in damages. No, this lawsuit didn’t sue Vince McMahon directly but has caused a massive headache for him by naming several current and former WWE superstars, including Dwayne ‘The Rock’ Johnson. 

Former WWE talent Trenesha Biggers caused a massive stir as she claimed WWE superstars The Miz and his wife Maryse, former superstar and WWE Hall of Famer Nikki Bella, and others conspired to kidnap her and her children. She also named deceased WWE superstar Chris Benoit as one of the defendants.

Biggers had a short stint with the WWE between 2005 and 2006. However, she did not advance to the main roster and was released from her developmental contract in 2006.

Read More: Meet the Former Wrestler/Model Suing Dwayne ‘The Rock’ Johnson and Multiple WWE Entities Including Nikki Bella and The Miz for $3 Billion

Even though the lawsuit hasn’t hindered any of the defendants, their reputation has taken a toll, which indirectly affects Vince McMahon and the WWE. Fans would hope for an end to these numerous lawsuits as soon as possible as they take the deserved spotlight away from the sport.

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