Vince McMahon Paid Millions More in Silent Money: Report

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Longtime Chairman and CEO of WWE Vince McMahon reportedly paid millions more in silent money to several women than originally announced.

The Wall Street Journalwho exclusively reported on WWE’s investigation into a $3 million silent settlement paid by McMahon to a woman over an alleged affair, now reports the 76-year-old paid more than $12 million in silent money to four women over the past 16 years in an effort to suppress allegations of sexual misconduct and infidelity.

All four women were previously affiliated with WWE and signed agreements with McMahon prohibiting them from publicly discussing any legal claims or their relationship with him, sources with knowledge of the situation confirmed. the newspaper.

Last month, WWE announced that McMahon had voluntarily resigned from his responsibilities amid an ongoing investigation into alleged misconduct and would be replaced by his daughter, Stephanieon a provisional basis.

“I have pledged my full cooperation with the Special Committee’s investigation, and I will do my best to support the investigation. I have also pledged to accept the findings and results of the investigation, whatever they may be. McMahon said in the joint statement on behalf of WWE and its Board of Directors.

Since then, McMahon has made several appearances in character on both Friday Night SmackDown and Monday night raw (June 20), although he did not directly address the allegations or the investigation and appeared publicly at the UFC 276 event in Las Vegas shortly after the conclusion of WWE Money in the bank event in the same city.

According the newspaperthe agreement was reached in January to prevent the woman, a former WWE paralegal, from discussing her relationship with McMahon or publicly making critical statements about her.

A WWE spokesperson confirmed the newspaper that the company is cooperating with the board’s investigation – which was launched in April – and that the relationship between the 76-year-old and the former employee was consensual.

McMahon was married to his wife, Linda – who served as Chairman and later CEO of WWE from 1980 to 2009 and later as Chief of Small Business Administration as a member of the former President donald trumpfrom 2017 to 2019 — since 1966.

The newspaper also reports that the board’s investigation uncovered other non-disclosure pacts stemming from allegations of misconduct involving other women who had previously worked for WWE, which involved McMahon and Jean LaurinaitisWWE General Manager of Talent Relations.

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