Disgraced WWE CEO Vince McMahon paid out $14.6 million in ‘unrecorded expenses’ from 2006 to 2022, amid claims he used it to pay off women he had affairs with
- McMahon announced on Friday that he was retiring from the industry he built
- WWE announced today that he paid out $14.6million in ‘unrecorded expenses’, and if he has not paid it off he will be made to do so
- In June, the WWE board launched an investigation into claims he paid a former aide $3million in hush money to keep an affair quiet
- McMahon had hired the woman as a paralegal and doubled her salary from $100,000 to $200,00 when their romance ceased
- A 1992 allegation that he raped a female referee in a limousine then resurfaced
- McMahon has earned a reported $9billion from the WWE since 2009
WWE have confirmed that former boss Vince McMahon paid out $14.6million in ‘unrecorded expenses’ amid multiple sexual misconduct allegations.
McMahon, 77, is being investigated over claims that he paid women hush money after having affairs with them.
An old claim that he raped a female referee in his limo has also resurfaced as a result of the fresh scandal.
WWE has now announced the missing figures, from 2006 to 2022, and say it will revise its previous financial results to account for the payments.
In a regulatory filing the company said that all of the payments will be paid by billionaire McMahon personally if he has not already done so.
It also disclosed that it is are facing investigations into the payments, adding that it has ‘has also received, and may receive in the future, regulatory, investigative and enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters.’
McMahon officially retired from the industry that he built on Friday, but it is unclear how it impacts the investigation into his alleged misconduct.
McMahon, 77, is being investigated over allegations that he paid women hush money after having affairs with them. WWE announced today that he paid out $14.6million in ‘unrecorded expenses’
Rita Marie Chatterton, the first female WWE referee, claims McMahon raped her in his limo in 1986. She first made the allegation in 1992 but it has resurfaced amid new allegations of misconduct
Stephanie McMahon, pictured wit her father and husband Triple H, has now become co-CEO of WWE along with the president Nick Khan. The company today announced that it would be revising their previous financial results to account for the payments
He had already stepped down as CEO prior to his announcement, with his daughter Stephanie stepping in as interim CEO.
Stephanie and WWE president Nick Khan are now co-CEO’s, while Stephanie’s husband, Paul ‘HHH’ Levesque now oversees talent relations.
The former king of WWE last month found himself in hot water last month after it was claimed that he paid a female employee millions after having an affair – paying out $14.6million in severance packages over the years.
McMahon is married to former Trump aide Linda McMahon, who has stood by him despite the allegations coming to light.
He reportedly had an affair with a paralegal, and doubled the woman’s salary from $100,000 to $200,000 when it began.
After the pair cooled things off he then handed her a $3million payout, according to The Wall Street Journal.
The WWE board of directors, largely made up of the McMahon family, is investigating the payments made by Vince McMahon, and the regulatory filing says that it ‘remains ongoing.’
As a result of that investigation a decades-old claim that McMahon raped a woman in his limousine in 1992 resurfaced.
Rita Chatterton, now 64, the first female referee in the WWE, came forward to accuse McMahon of raping her in his limo in 1986.
Her allegation was recently corroborated by former wrestler Leonard Inzitari, who says he saw Chatterton after the alleged attack.
He said he had kept it a secret for decades in fear of being marginalized by McMahon and his family, who control the industry.
Inzitari, who went by the wrestling alias Mario Mancini, told Intelligencer: ‘I remember it like it was yesterday. She was a wreck. She was shaking. She was crying.
McMahon is married to Trump aide Linda McMahon, who served as the head of the Small Business Administration during Trump’s presidency
McMahon’s wife Linda with President Donald Trump in Mar-a-Lago in 2019. She now works at America First Institute
In 1992, Rita Chatterton, now 64, the first female referee in the WWE, came forward to accuse McMahon of raping her in his limo in 1986. She appeared on Gerald Rivera’s TV show
‘He’s dug himself such a deep hole that I’m just tired of it.’
Inzitari said Chatterton told him through sobs how McMahon ‘took his penis out’, forced her to perform oral sex on him, then forced himself ‘inside’ of her.
He recalled telling her: ‘You just keep your mouth shut, because it’s Vince McMahon. What are you gonna do, stooge on Vince McMahon? You’re gonna be blackballed from the wrestling business!’
Chatterton did not make her claim public for several years, making the allegation on Geraldo Rivera’s TV show in 1992.
McMahon gave her first major refereeing job in 1975, then, she claims, offered her a contract of $500,000 a year to referee on-screen.
During her interview Rira said: ‘At the time, I knew that’s a huge amount of money, but I didn’t know what the wrestlers were making.
She told Intelligencer that McMahon told her not to fraternize with any of the wrestlers, warning her: ‘Keep it clean. I don’t wanna see you messing around with any of the wrestlers. You keep it professional.’
McMahon has not commented on the allegations, suing her and Rivera, alleging that they were trying to bring him down and were spurred on by his enemies.
The lawsuit was discontinued without either side winning.
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