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WWE chairman and CEO Vince McMahon has resigned from his function with TKO Group Holdings, the mother or father firm of WWE and the UFC, amid allegations of sexual assault, trafficking and bodily abuse, in accordance with Deadline’s Dominic Patten.
McMahon stated in an announcement on Friday:
“I stand by my prior assertion that Ms. Grant’s lawsuit is replete with lies, obscene made-up situations that by no means occurred, and is a vindictive distortion of the reality. I intend to vigorously defend myself towards these baseless accusations, and look ahead to clearing my identify.
“Nevertheless, out of respect for the WWE Universe, the extraordinary TKO enterprise and its board members and shareholders, companions and constituents, and the entire workers and Superstars who helped make WWE into the worldwide chief it’s at present, I’ve determined to resign from my government chairmanship and the TKO board of administrators, efficient instantly.”
McMahon’s resignation comes after former WWE worker Janel Grant filed a federal lawsuit on Thursday accusing the now former WWE government of sexually abusing her and trafficking her to others throughout the promotion, per Khadeeja Safdar of the Wall Avenue Journal.
Among the many allegations, Grant stated within the lawsuit that McMahon made her “create personalised sexual content material for a WWE famous person that he was making an attempt to re-sign.” The lawsuit doesn’t identify the wrestler, although “individuals conversant in the matter recognized the wrestler as Brock Lesnar, one among WWE’s largest names.”
McMahon additionally allegedly pressured Grant into sexual conditions, degraded her and locked her in an workplace and sexually assaulted her in June 2021. One other government additionally allegedly sexually assaulted her within the workplace.
Moreover, Grant alleges she was pressured into signing a nondisclosure settlement in January 2022 after McMahon’s spouse, Linda McMahon, discovered about their relationship.
As a part of the nondisclosure settlement, Grant agreed to stay silent concerning the allegations and her relationship with McMahon in alternate for $3 million. Nevertheless, Grant alleges that she was solely paid $1 million and, in consequence, is now trying to void the nondisclosure settlement and is searching for unspecified damages.
McMahon initially retired from his function with WWE in July 2022 after a report got here out stating he paid a number of girls $14.6 million to stay silent about allegations of sexual misconduct. Following an investigation, McMahon returned to WWE in July 2023.
It is unclear who the corporate is eyeing to interchange McMahon.
Former WWE government John Laurinaitis can be named in Grant’s lawsuit.