JUST IN: Pro wrestling's Vince McMahon announces his retirement from WWE amid misconduct investigation.
his retirement from the WWE on Friday, a month after stepping back from his leadership role as the company investigates misconduct claims against him.
In a tweet posted at 4:05 p.m. EDT, the 77-year-old McMahon simply said it was"time foe me to retire" as he thanked the"WWE Universe." Back on June 17, McMahon had surrendered his CEO role as the WWE board of directors appointed McMahon’s daughter, Stephanie McMahon, as interim CEO and chairwoman until the probe’s conclusion.
The WWE board said then it is investigating both the elder McMahon and John Laurinaitis, head of talent relations, for “alleged misconduct” — but did not detail any of the accusations.wants to know if McMahon paid a former employee $3 million so she’d keep quiet about an affair the two had. The ongoing probe is also looking into allegations of other nondisclosure agreements involving former female WWE employees and Laurinaitis, the newspaper reported.
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