Current:Home > MyWrestling icon Vince McMahon resigns from WWE parent company after sex abuse suit -Wealth Navigators Hub
Wrestling icon Vince McMahon resigns from WWE parent company after sex abuse suit
View
Date:2025-04-12 05:33:45
STAMFORD, Conn. — Wrestling icon Vince McMahon resigned Friday from WWE's parent company the day after a former employee filed a federal lawsuit accusing him and another former executive of serious sexual misconduct, including offering her to a star wrestler for sex.
McMahon stepped down from the his position as executive chairman of the board of directors at WWE's parent company, TKO Group Holdings, according to a statement released late Friday. He continued to deny wrongdoing following the lawsuit filed by Janel Grant, who worked in the company's legal and talent departments.
The suit includes allegations that McMahon, now 78, forced Grant into a sexual relationship in order for her to get and keep a job and passed around pornographic pictures and videos of her to other men, including other WWE employees.
The AP typically does not name accusers in sexual assault cases, but Grant's representatives said she wished to go public. Her lawyer declined to comment Friday.
McMahon's statement said that he was leaving the board "out of respect" for WWE and TKO Group.
"I stand by my prior statement that Ms. Grant's lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth," he said in the statement. "I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name."
McMahon stepped down as WWE's CEO in 2022 amid an investigation into allegations that match those in the lawsuit, which was filed Thursday in U.S. District Court in Connecticut, where WWE is based.
McMahon was the leader and most recognizable face at WWE for decades. When he purchased what was then the World Wrestling Federation from his father in 1982, wrestling matches took place at small venues and appeared on local cable channels. WWE matches are now held in professional sports stadiums, and the organization has a sizable overseas following.
WWE merged last April with the company that runs Ultimate Fighting Championship to create the $21.4 billion sports entertainment company TKO Group Holdings, and McMahon served as that group's executive chairman of the board until Friday.
TKO Group's representative referred media inquiries about McMahon's resignation to his statement. Deadline first reported that he was stepping down.
"Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE," TKO Group said earlier this week. "While this matter pre-dates our TKO executive team's tenure at the company, we take Ms. Grant's horrific allegations very seriously and are addressing this matter internally."
Grant also names as defendants in the lawsuit the WWE and John Laurinaitis, an ex-pro wrestler and the company's former head of talent relations and general manager. WWE and Laurinaitis did not return requests for comment Friday.
According to the lawsuit, McMahon lived in the same building as Grant and in 2019 offered to get her a job at WWE after her parents died.
She alleges that he eventually made it clear that one of the requirements of the job was a physical relationship with him and later with Laurinaitis and others.
Over the next few years, McMahon lavished her with gifts including a luxury car, the suit says.
It also alleges that McMahon offered one of his star wrestlers — a person not named in the lawsuit — sex with Grant as a perk in 2021.
"WWE benefited financially from the commercial sex act venture orchestrated by McMahon, including by having wrestling talent, such as WWE Superstar, sign new contracts with WWE after McMahon presented Plaintiff as a sexual commodity for their use," the lawsuit states.
Grant is seeking unspecified monetary damages and to have the court void a $3 million nondisclosure agreement, of which she alleges she received only $1 million.
"Ms. Grant hopes that her lawsuit will prevent other women from being victimized," her attorney, Ann Callis, said in a statement Thursday. "The organization is well aware of Mr. McMahon's history of depraved behavior, and it's time that they take responsibility for the misconduct of its leadership."
veryGood! (1)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Can cats have chocolate? How dangerous the sweet treat is for your pet
- Kendall Jenner Shares Glimpse at Birthday Celebration With Witches Don't Age Cake
- Ethan Slater Says Ariana Grande Is “Amazing” for This Specific Reason
- The Grammy nominee you need to hear: Esperanza Spalding
- Returning Grazing Land to Native Forests Would Yield Big Climate Benefits
- A former Six Flags park is finally being demolished after Hurricane Katrina’s devastation
- Man arrested after federal officials say he sought to destroy Nashville power site
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- The butchered remains of a dolphin were found on a New Jersey beach. Feds are investigating
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Cardinals rushing attack shines as Marvin Harrison Jr continues to grow into No. 1 WR
- From UConn three-peat to Duke star Cooper Flagg, the top men's basketball storylines to watch
- Vermont’s Republican governor seeks a fifth term against Democratic newcomer
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Wisconsin Republicans look to reelect a US House incumbent and pick up an open seat
- Quincy Jones leaves behind iconic music legacy, from 'Thriller' to 'We Are the World'
- Opinion: Harris' 'SNL' appearance likely violated FCC rules. There's nothing funny about it.
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
NFL trade deadline: Ranking 10 best players who still might be available
This is how precincts in Pennsylvania handle unexpected issues on Election Day
Ariana Grande Reveals Why She Chose to Use Her Real Name in Wicked Credits
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Southern Taurid meteor shower hits peak activity this week: When and where to watch
As NFL trade deadline nears, Ravens' need for pass rusher is still glaring
Volvo, Ram, Ford among 252,000 vehicles recalled: Check recent car recalls here