Aug. 5, 2022 – 08:01 – World Wrestling Entertainment has announced that CEO and Chairman Vince McMahon will temporarily step down from his role as the head of the organization as an internal investigation into a multi-million dollar hush payment.On Wednesday, the Wall Street Journal broke the news of an investigation started by board members in April to look into an alleged $3 million hush-money payment made by McMahon to a former employee of the company. The report detailed that the payment was made to a paralegal hired in 2019 that is believed to have had an affair with the legendary professional wrestling promoter, and received a major promotion during her tenure with WWE.
WATCH: Vince McMahon steps down as WWE CEO
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