WWE Says Vince McMahon, Under Investigation for Alleged Misconduct, Made Personal Payments Totaling $19.6 Million

Vince McMahon’s off-the-books personal payments that he made while chairman and CEO of WWE were higher than previously reported, the company said.

Last month, the wrestling entertainment company announced that it would revise its financial statements going back to 2019 to account for $14.6 million of “certain payments” that McMahon made while chairman and CEO should have been recorded as expenses. That was three days after McMahon said he was retiring from WWE, which he announced amid an ongoing investigation into allegations that he paid millions of dollars in hush money to multiple women to keep quiet about affairs and other misconduct.

In an SEC filing Tuesday, WWE disclosed

→ Continue reading at Variety

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