Sexual Assault Allegations and Resignation of Vince McMahon, Executive Chairman of Tko

Sexual Assault Allegations and Resignation of Vince McMahon, Executive Chairman of Tko
2 Minutes of Reading
Saturday 27 January 2024, 19:44

New and disturbing allegations of sexual violence, human trafficking, and physical abuse. Another sexual scandal engulfs Vince McMahon, who resigns as executive chairman of Tko, the company controlling the WWE, the main promoter of professional wrestling in the USA. The allegations emerged during a lawsuit filed by a former employee of the WWE staff, Janel Grant, who worked at the headquarters of the wrestling giant founded by McMahon. The king of American wrestling has denied the allegations and announced that he is ready to defend himself in court but at the same time has resigned.

The compensation case

News that McMahon paid compensation to several women while serving as CEO and chairman of WWE has been circulating since at least 2022, but the lawsuit filed by Grant sheds new light on the extent of his alleged misconduct. In the complaint, the woman claims that McMahon had offered her a job at WWE - and subsequent promotions - in exchange for sex. And that he forced her to have sex with other men inside and outside the company, including John Laurinaitus, who worked in the company's talent relations department and is among those accused. McMahon is accused of committing acts of 'extreme cruelty' and 'degradation' towards the employee during her tenure at WWE, the accusation states.

The resignation of the king of American wrestling

The entrepreneur has denied the allegations and declared that he is ready to defend himself in court. But yesterday, in a statement, he announced his resignation. 'Out of respect for the WWE Universe - McMahon said in a statement - the extraordinary activity of Tko and its board members, shareholders, partners, and voters, and all employees and Superstars who have contributed to making WWE the global leader it is today, I have decided to resign from my executive chairmanship and from the board of Tko, with immediate effect'. Thanks to McMahon, wrestling legends like André 'The Giant', Eddie Guerrero, Randy Savage, John Cena, The Ultimate Warrior, Rey Misterio, The Undertaker, Hulk Hogan, Steve Austin and Dwayne Johnson 'The Rock' were born.

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