VINCE MCMAHON

World Wrestling Entertainment disclosed another $5 million in payments from former CEO Vince McMahon, who is being probed for alleged misconduct.

The SEC and federal prosecutors have launched probes into payments made by WWE CEO Vince McMahon to settle allegations of sexual misconduct.

World Wrestling Entertainment on Monday disclosed $14.6 million in previously unrecorded expenses paid personally by top shareholder Vince McMahon.

McMahon stepped down temporarily as CEO and chairman of WWE in mid-June during an investigation into alleged misconduct.

McMahon says he is retiring amid an investigation into alleged misconduct involving the flamboyant showman who turned a small wrestling company into a worldwide entertainment business.

WWE Vince McMahon FILE - WWE Chairman and Chief Executive Officer Vince McMahon is pictured at the Connecticut Republican Convention in Hartford, Conn., May 21, 2010. In a brief statement issued by the company Friday, July 22, 2022, McMahon said he is retiring as WWE’s chairman and CEO. In a brief statement issued by WWE, McMahon said he is retiring as the company's chairman and CEO. McMahon stepped down temporarily as CEO and chairman of WWE in mid-June during an investigation into alleged misconduct. Earlier this month, the Wall Street Journal reported McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity.

World Wrestling Entertainment impresario Vince McMahon says he is retiring. In a brief statement issued by the company Friday, McMahon said he is stepping down as WWE's chairman and CEO.

Vince McMahon, WWE's chairman and CEO, announced his retirement Friday, following a sexual misconduct probe the company began in April.

NEW YORK — (AP) — World Wrestling Entertainment impresario Vince McMahon says he is retiring. In a brief statement issued by the company Friday, McMahon said he is retiring as WWE’s chairman and CEO. McMahon stepped down as CEO and chairman of WWE in mid-June during an investigation into alleged misconduct. Earlier this month, the Wall Street Journal reported McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity. This material may not be published, broadcast, rewritten or redistributed without permission.

World Wrestling Entertainment impresario Vince McMahon says he is retiring amid an investigation into alleged misconduct involving the flamboyant showman who turned a small wrestling company into a worldwide entertainment business.

Vince McMahon Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. (Michael N. Todaro/Getty Images, File)Vince McMahon, the chairman and CEO of World Wrestling Entertainment, announced his retirement Friday, weeks after he stepped back from his role with the company amid an investigation into alleged misconduct. #WWE #thankful — Vince McMahon (@VinceMcMahon) July 22, 2022“As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE,” he said in a statement released Friday by the WWE. The organization underwent a seismic transformation under McMahon with events like WrestleMania, a premium live production that draws millions of fervent viewers. Four women — all formerly affiliated with WWE — signed agreements with McMahon, 76, that bar them from discussing their relationships with him, the Journal reported.

(Photo by Michael N. Todaro/Getty Images)(Warning: This story contains allegations of sexual misconduct.) Long-time WWE chairman and CEO Vince McMahon is retiring from the company. #WWE #thankful — Vince McMahon (@VinceMcMahon) July 22, 2022In a statement released by the company, McMahon called it a privilege to entertain the fans for so many years. McMahon said the company was in good hands, specifically mentioning his daughter, Stephanie McMahon, and Nick Khan, both of who hold the title of Co-CEO. Vince McMahon retires following misconduct allegationsMcMahon stepped down from his position in June following reports of alleged misconduct.

Vince McMahon, the wrestling promoter who made the World Wrestling Federation, later the WWE, an entertainment powerhouse, is retiring.

Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. WWE CEO Vince McMahon announced Friday that he was retiring as chief of the pro wrestling company, a move that comes one month after its board said it was investigating allegations of misconduct against him. This is breaking news. Please check back for updates.

A report says World Wrestling Entertainment impresario Vince McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity.

WWE's Vince McMahon paid $12 million to four women over the last 16 years., the Wall Street Journal reported.

In a New York Magazine story, former pro wrestler Leonard Inzitari claimed Rita Chatterton's allegation that Vince McMahon raped her is true.

Entertainment giant paid $3 million to ex-employee with whom he allegedly had an affair, Wall Street Journal reports.

Reports said the board was investigating a $3M settlement that McMahon paid to a departing employee with whom he allegedly had a consensual affair.

Reports said the board was investigating a $3M settlement that McMahon paid to a departing employee with whom he allegedly had a consensual affair.

WWE Vince McMahon FILE - Vince McMahon stands at Republican state convention in Hartford, Conn., Friday, May 18, 2012. (AP Photo/Jessica Hill, File) (Jessica Hill)Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization. McMahon will continue to oversee WWE’s creative content during the investigation, World Wrestling Entertainment said Friday, and named McMahon’s daughter, Stephanie, as interim CEO and chairwoman. Vince McMahon will appear on its live show "SmackDown" later Friday, WWE said on Twitter after it announced the changes in leadership of the organization. Shares of World Wrestling Entertainment Inc., based in Stamford, Connecticut, slid less than 1% at the opening bell Friday.

Vince McMahon's daughter, Stephanie, will lead the wrestling company during the inquiry. McMahon, accused of paying $3 million to cover up an affair, still will control WWE's creative output.

WWE Vince McMahon FILE - Vince McMahon stands at Republican state convention in Hartford, Conn., Friday, May 18, 2012. (AP Photo/Jessica Hill, File) (Jessica Hill)Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization. McMahon will continue to oversee WWE’s creative content during the investigation, World Wrestling Entertainment said Friday. I have also pledged to accept the findings and outcome of the investigation, whatever they are,” McMahon said in a prepared statement Friday. Shares of World Wrestling Entertainment Inc., based in Stamford, Connecticut, slid 4% before the opening bell Friday.

The company said it was investigating alleged misconduct from McMahon and John Laurinaitis, the head of talent relations, after the Wall Street Journal reported that McMahon paid a secret $3 million to a former employee who was involved in an affair.

Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization.

WWE CEO and Chairman Vince McMahon is stepping back from his duties as the company's board investigates alleged misconduct by the executive.

The board began its investigation in April of a secret $3 million payment McMahon made to a female employee, according to the Wall Street Journal.

A WWE spokesman told the WSJ that the company is cooperating with the board's investigation into the alleged McMahon payment.

Leaving WWE: Stephanie McMahon said she was stepping down from her role at WWE to focus on her family. “As of (Friday), I am taking a leave of absence from the majority of my responsibilities at WWE,” Stephanie McMahon wrote on Twitter. — Stephanie McMahon (@StephMcMahon) May 19, 2022Vince McMahon will be the only family member with an active role in the company. Stephanie McMahon has been with WWE since 2000 and was promoted to executive vice president of creative writing in 2007, People reported. The WWE’s executive vice president announced he was leaving the ring after having cardiac surgery in September 2021.

In the past week, Republican Rep. Paul Gosar tweeted a video showing a character with his face killing a figure with Rep. Alexandria Ocasio-Cortez’s face.

WWE is ready to hit the road and start a summer tour this weekend in Texas.

WWE is set to welcome back fans for the first time in more than a year when 25,000 spectators are expected on both Saturday and Sunday nights for WrestleMania at Raymond James Stadium in Tampa, Florida.

Amazon could potentially tag-team with the world's biggest wrestling brand to gain an advantage in the streaming wars, according to a Needham. Not only could the Jeff Bezos-led tech retail juggernaut buy the streaming rights to World Wrestling Entertainment content, but it also could potentially buy the whole company one day, Needham analyst Laura Martin said. "We believe that such a licensing deal would put AMZN in the best spot to purchase all of WWE, whenever the family is ready to exit," Martin said. WWE's over-the-top streaming platform would be attractive to Amazon or other streaming services because it brings in a loyal fanbase, unlike new shows the companies are developing. "WWE's live programming is highly differentiated and its Raw, Smackdown and NXT brands are worth more than being any one of 500 series that have no builtin audience or brand," Martin said.

Here are some of the best analyst calls on Wall Street this week:MKM - World Wrestling Entertainment, buy ratingMKM reiterated its buy rating on World Wrestling Entertainment this week. The analyst said the company has the "best multi-year growth potential" within the firm's media and entertainment universe. "A series of meetings we hosted last week with WWE management reinforced our view the company has the best multi-year growth potential within our Media & Entertainment universe. "We also expect PayPal to benefit from non-Amazon retailers' significant investment in online sales and digitally originated sales capabilities that more effectively compete against Amazon than in years past. While still the dominant online retailer, Amazon does not have the lock on online sales that is often perceived."