In a sensational leak, we learn from the Wall Street Journal that the WWE board is investigating a $3 million deal paid to a former employee by WWE President and CEO Vince McMahon with whom he allegedly had a deal. These are the words that Wrestling Inc reported: “According to sources in the Journal, the separation agreement dates back to January 2022 and prevents this person from discussing his relationship with Vince McMahon or denigrating him in any way."
Vince McMahon is in trouble
The report continued, "The WWE board said the relationship between (Vince) McMahon and the employee, hired in 2019, was consensual. The WWE board began investigating McMahon in April and has since uncovered more deals.
The investigation led to the discovery of previous nondisclosure agreements by former WWE employees, who not only claim misconduct by McMahon, but also by Head of Talent Relations John Laurinaitis. It is not known how many agreements were discovered by the investigation.
The total amount paid in non-disclosure agreements (NDAs) has yet to be determined by the board, but a source has revealed that it is in the millions. The investigation also found that McMahon used personal funds to pay former female employees.
Personal funds were not only used for complaints against McMahon, as it was reported that McMahon also used them to pay for settlements involving Laurinaitis. According to McMahon's attorney, Jerry McDevitt: 'WWE paid no money' to the former employee, which aligns with the investigation report that McMahon used personal funds.
While the investigation focuses primarily on former employee arrangements, WWE's human resources programs, as well as the corporate culture as a whole, would also be extensively investigated." As per WrestleVotes, the company wanted The Tribal Chief to be present on both RAW and SmackDown despite being the blue brand's member.
They unified the two world championships so that Reigns could show up on both shows. "According to a source, the creative decision to unity the titles was with the understanding it would allow Roman Reigns to appear on BOTH shows more regularly.
Maybe that wasn't the best decision," reported WrestleVotes. Brandon Thurston of Wrestlenomics has now reported that WWE sent out an internal statement to staff regarding the ongoing situation. WWE's statement to their employees can be read below: "The Wall Street Journal has published a report about WWE with allegations that we and our Board of Directors take seriously. We are cooperating fully with the independent investigation initiated by our Board of Directors."