Vince McMahon stepped down as chairman and CEO of World Wrestling Entertainment Friday morning, amid an ongoing investigation into an alleged affair with a former company paralegal.
released Friday from the WWE, McMahon said he pledged his “complete cooperation to the investigation by the Special Committee,” and “will do everything possible to support the investigation,” adding he will “accept the findings and outcome of the investigation, whatever they are.”$1.095 billion.
, a company that launched in 2019 and has since landed a four-year, $175 million television deal with WarnerMedia and TNT.McMahon took over the WWE from his father, also named Vince McMahon, in 1982. Under his tenure, WWE has become the face of professional wrestling, outperforming competitors World Championship Wrestling, which the WWE
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