Former WWE CEO Vince McMahon Resigns From TKO
Vince McMahon the Executive Chairman of WWE has resigned from all of his position within TKO following allegations of sex trafficking and sexual assault.
Vince McMahon is best known for his Mr. McMahon character in WWE and making pro wrestling into a monopoly. But he is also known for his controversies. Continuing a show after the death of pro wrestler Owen Hart, his NDA’s, not giving health benefits to his employees (wrestlers), the Steroid Trial, the Saudi deal, the Montreal Screwjob, and many more.
Despite surviving all of that he still managed to keep his job and show how powerful he was. Until these recent allegations which forced him to resign for the final time. Yes this was the second he resigned and this was in three years. He has finally fallen.
The first time he resigned was due to him using the money from the company to pay hush money to four women to cover up allegations of sexual misconduct and infidelity. The board of directors investigated but McMahon voluntarily stepped down from his position during the investigation and “retired”. But he would comeback in 2023 for media rights negotiations and a sale of the company. The company would be sold to Endeavor. The WWE would merge with the UFC and would become TKO. After the merger and sale McMahon would serve as the executive chairman of TKO and would oversee the WWE and UFC.
He would hold that position until January of 2024 where a lawsuit was filed by Janel Grant who was an employee of WWE back in 2020 and 2021 where McMahon forced Grant to be in a sexual relationship in order to keep her job. McMahon denied the allegations but would eventually step down from his position out of respect for the WWE fans, TKO, shareholders, and partners in the same week where WWE made a deal with Netflix to stream Monday Night Raw and their annual event the Royal Rumble which took place on Saturday.
Some fans had their own opinions about the former WWE chairman.