WWE's McMahon says he is retiring amid misconduct probe

[Eugene]

Source: Associated Press

WWE’s McMahon says he is retiring amid misconduct probe

By SUSAN HAIGH
July 23, 2022

World Wrestling Entertainment impresario Vince McMahon announced Friday he is retiring amid an investigation into alleged misconduct involving the flamboyant showman who turned a small wrestling company into a worldwide entertainment business.

In a brief statement issued by WWE, McMahon said he is retiring as the company’s chairman and CEO. He noted that he remains its majority shareholder.

McMahon stepped down temporarily as CEO and chairman of WWE in mid-June during an investigation into alleged misconduct. Earlier this month, the Wall Street Journal reported McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity.

“At 77, time for me to retire. Thank you, WWE Universe. Then. Now. Forever. Together. #WWE #thankful,” he wrote on Twitter.

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Read more: https://apnews.com/article/sports-wrestling-vince-mcmahon-96383ccbcf78e48a7ebe579fdeabba73

[Mosby]

1. He's not retiring.

He owns the WWE.

This is just posturing.

[Srkdqltr]

2. WWE is all fake. All show.

[El Supremo]

3. I remember when TFG called him and bragged that...

he was "now in the wrastling buisness." McMahon replied "that's nice, I'm in the entertainment business."