Current:Home > MarketsWrestling icon Vince McMahon resigns from WWE parent company after sex abuse suit -VitalWealth Strategies
Wrestling icon Vince McMahon resigns from WWE parent company after sex abuse suit
View
Date:2025-04-15 06:59:30
STAMFORD, Conn. — Wrestling icon Vince McMahon resigned Friday from WWE's parent company the day after a former employee filed a federal lawsuit accusing him and another former executive of serious sexual misconduct, including offering her to a star wrestler for sex.
McMahon stepped down from the his position as executive chairman of the board of directors at WWE's parent company, TKO Group Holdings, according to a statement released late Friday. He continued to deny wrongdoing following the lawsuit filed by Janel Grant, who worked in the company's legal and talent departments.
The suit includes allegations that McMahon, now 78, forced Grant into a sexual relationship in order for her to get and keep a job and passed around pornographic pictures and videos of her to other men, including other WWE employees.
The AP typically does not name accusers in sexual assault cases, but Grant's representatives said she wished to go public. Her lawyer declined to comment Friday.
McMahon's statement said that he was leaving the board "out of respect" for WWE and TKO Group.
"I stand by my prior statement that Ms. Grant's lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth," he said in the statement. "I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name."
McMahon stepped down as WWE's CEO in 2022 amid an investigation into allegations that match those in the lawsuit, which was filed Thursday in U.S. District Court in Connecticut, where WWE is based.
McMahon was the leader and most recognizable face at WWE for decades. When he purchased what was then the World Wrestling Federation from his father in 1982, wrestling matches took place at small venues and appeared on local cable channels. WWE matches are now held in professional sports stadiums, and the organization has a sizable overseas following.
WWE merged last April with the company that runs Ultimate Fighting Championship to create the $21.4 billion sports entertainment company TKO Group Holdings, and McMahon served as that group's executive chairman of the board until Friday.
TKO Group's representative referred media inquiries about McMahon's resignation to his statement. Deadline first reported that he was stepping down.
"Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE," TKO Group said earlier this week. "While this matter pre-dates our TKO executive team's tenure at the company, we take Ms. Grant's horrific allegations very seriously and are addressing this matter internally."
Grant also names as defendants in the lawsuit the WWE and John Laurinaitis, an ex-pro wrestler and the company's former head of talent relations and general manager. WWE and Laurinaitis did not return requests for comment Friday.
According to the lawsuit, McMahon lived in the same building as Grant and in 2019 offered to get her a job at WWE after her parents died.
She alleges that he eventually made it clear that one of the requirements of the job was a physical relationship with him and later with Laurinaitis and others.
Over the next few years, McMahon lavished her with gifts including a luxury car, the suit says.
It also alleges that McMahon offered one of his star wrestlers — a person not named in the lawsuit — sex with Grant as a perk in 2021.
"WWE benefited financially from the commercial sex act venture orchestrated by McMahon, including by having wrestling talent, such as WWE Superstar, sign new contracts with WWE after McMahon presented Plaintiff as a sexual commodity for their use," the lawsuit states.
Grant is seeking unspecified monetary damages and to have the court void a $3 million nondisclosure agreement, of which she alleges she received only $1 million.
"Ms. Grant hopes that her lawsuit will prevent other women from being victimized," her attorney, Ann Callis, said in a statement Thursday. "The organization is well aware of Mr. McMahon's history of depraved behavior, and it's time that they take responsibility for the misconduct of its leadership."
veryGood! (4432)
Related
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- Why Jordyn Woods and Boyfriend Karl-Anthony Towns Are Sparking Engagement Rumors
- Drew Barrymore Details Sexiest Kiss With Chloë Sevigny
- Detroit bus driver gets 6 months in jail for killing pedestrian
- Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
- A deadly hurricane is the latest disruption for young athletes who already have endured a pandemic
- 'Joker 2' review: Joaquin Phoenix returns in a sweeter, not better, movie musical
- NYC accelerates school leadership change as investigations swirl around mayor’s indictment
- Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
- Anti-abortion leaders undeterred as Trump for the first time says he’d veto a federal abortion ban
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Hurricane Helene brought major damage, spotlighting lack of flood insurance
- No, That Wasn't Jack Nicholson at Paris Fashion Week—It Was Drag Queen Alexis Stone
- What to watch: We're caught in a bad romance
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Hawaii nurses union calls new contract a step in the right direction
- ‘Beyond cruel’: Newsom retaliates against this LA suburb for its ban on homeless shelters
- South Carolina fire chief, volunteer firefighter killed after a tree fell on their truck during Helene
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Advocates urge Ohio to restore voter registrations removed in apparent violation of federal law
'Take action now': Inside the race to alert residents of Helene's wrath
Nikki Garcia Gets Restraining Order Against Ex Artem Chigvintsev After Alleged Fight
The Daily Money: Spending more on holiday travel?
Subway rider shot in the head by police files claim accusing officers of recklessly opening fire
Blue alert issued in Hall County, Texas for man suspected of injuring police officer
Helene’s powerful storm surge killed 12 near Tampa. They didn’t have to die