Current:Home > InvestWWE's Vince McMahon resigns after being accused of sex trafficking, assault in lawsuit -InvestPro
WWE's Vince McMahon resigns after being accused of sex trafficking, assault in lawsuit
View
Date:2025-04-17 21:59:50
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! (21)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Helene flooding is 'catastrophic natural disaster' in Western NC
- Fontes blocked from using new rule to certify election results when counties refuse to
- Biden says he hopes to visit Helene-impacted areas this week if it doesn’t impact emergency response
- New data highlights 'achievement gap' for students in the US
- Mega Millions winning numbers for September 27 drawing; jackpot at $93 million
- California governor vetoes bill to create first-in-nation AI safety measures
- Sister Wives Star Madison Brush Announces Pregnancy News Amid Estrangement From Dad Kody Brown
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- NASCAR 2024 playoffs at Kansas: Start time, TV, streaming, lineup for Hollywood Casino 400
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Texas edges Alabama as new No. 1 in US LBM Coaches Poll after Crimson Tide's defeat of Georgia
- Missing a beat, streaming service Spotify is back after a temporary outage
- A dockworkers strike could shut down East and Gulf ports. Will it affect holiday shopping?
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Missing a beat, streaming service Spotify is back after a temporary outage
- 'I will never forgive you for this': Whole Foods' Berry Chantilly cake recipe has changed
- Presidents Cup 2024: Results, highlights from U.S.'s 10th-straight Presidents Cup win
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
These women thought you had to be skinny to have style. Weight gain proved them wrong
How often should you wash your dog? Bathe that smelly pup with these tips.
Travis Hunter strikes Heisman pose after interception for Colorado vs UCF
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Kris Kristofferson mourned by country music icons Dolly Parton, more: 'What a great loss'
Trump is pointing to new numbers on migrants with criminal pasts. Here’s what they show
Opinion: Florida celebrating Ole Miss loss to Kentucky? It brings Lane Kiffin closer to replacing Billy Napier