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Billionaire Vince McMahon Under Investigation Over an Alleged Affair

Published 06/16/2022, 9:00 AM EDT

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It is not a new day that WWE boss Vince McMahon is the hot topic in the pro wrestling business. However, this time it seems like Vince McMahon dug a massive hole for himself. The World Wrestling Entertainment (WWE) board of directors is investigating a discreet settlement that Vince McMahon made with a former employee.

‘The Big Man’ Vince McMahon allegedly had an affair with his former employee. Thus, to cover up this mess, Mr. McMahon had to pay a $3 million settlement to shush the former WWE employee.

 

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According to the Wall Street Journal report, the WWE boss agreed to pay the former employee a massive $3 million for not bringing this issue to attention.

The secret of Vince McMahon and John Laurinaitis has been revealed!

The company hired this apparent former WWE employee in 2019 as a paralegal. In January 2022, she was released from the company, and a separation agreement was signed. The disparaging agreement also prevented the woman from discussing her relationship with Mr. McMahon.

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WWE board directors’ investigation began in April 2022 and revealed that the misconduct included the company’s top executive, John Laurinaitis. In addition, as per the WWE board’s preliminary finding, Mr. McMahon used personal funds to silence the former employee to not discuss the allegation against him and John Laurinaitis.

WATCH THIS STORY: From Vince McMahon to Hulk Hogan: Oldest Wrestlers to Hold the WWE Championship

However, The Journal reported that a WWE spokesperson is fully cooperating with the board investigation. In addition, the WWE spokesperson revealed during the board inquiry that the relationship between Mr. McMahon and the ex-employee was consensual.

The initial email sent to the WWE board also alleged that Vince McMahon gave this woman to John Laurinaitis “like a toy.” Fightful Select was explicitly told that they promoted the paralegal woman from John Laurinaitis assistant to a “director” role that spring.

Did Mr. McMahon actually pay the money to the former employee of the company?

Vince McMahon’s attorney, Jerry McDevitt, noted that the ex-paralegal employee had made no harassment claims against the WWE boss. The attorney also mentioned that “WWE did not pay any monies to the ex-employee on her departure.”

As per, many suspected the affair between Mr. McMahon and the paralegal woman in the company. It reportedly includes daughter Stephanie McMahon, Triple H, and WWE president Nick Khan were most like aware of the investigation.

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An email sent to WWE board members on March 30 shows that Mr. McMahon hired the former female employee on a $100,000 salary. However, during last year’s April budget cuts, she was given a massive promotion and raise to $200,000 after beginning the affair with her.

On June 12, 2022, the company’s board of directors received a copy of the $3 million agreement from one of Vince McMahon’s lawyers. The agreement between the WWE boss and the former employee provided an upfront payment of $1 million. While the remaining $2 million was to be rolled out over five years as per the nondisclosure agreement.

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How Billionaire Vince McMahon Wrestled Despite Having No Reason to

As of now, Head of Talent Relation, John Laurinaitis, and Mr. McMahon have not responded directly to requests to comment. Now, since this incident has been out in the business industry, Vince McMahon may lose potential investors in the company.

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Written by:

Akash Dhakite

514Articles

One take at a time

Akash Dhakite is a WWE writer at EssentiallySports. Since he was three years old, Akash has been a fan of WWE, which gives him an ascendancy of knowledge about this sport. He grew up watching John Cena and to ‘Never Give Up’ is something that he has learned from him.
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Edited by:

Sreeda U M