Current:Home > NewsWrestling icon Vince McMahon resigns from WWE parent company after sex abuse suit -WealthX
Wrestling icon Vince McMahon resigns from WWE parent company after sex abuse suit
View
Date:2025-04-16 16:46:26
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! (3255)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Tom Sandoval Is Headed to The Traitors: Meet the Insanely Star-Studded Season 3 Cast
- A look at the key witnesses in Hunter Biden’s federal firearms trial
- Whoopi Goldberg cries during emotional 'Sister Act 2' reunion: Watch
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- 3 killed in shooting at Montgomery grocery store
- Walmart offers new perks for workers, from a new bonus plan to opportunities in skilled trade jobs
- UN migration and refugee agencies cite ‘fundamental’ right to asylum after US moves to restrict it
- Why members of two of EPA's influential science advisory committees were let go
- Dance Moms’ Maddie Ziegler Debuts New Relationship With Musician Kid Culture
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Boeing's Starliner capsule finally launches, carries crew into space for first piloted test flight
- Once abandoned Michigan Central Station in Detroit to reopen after Ford spearheads historic building's restoration
- Trump asks to have gag order lifted in New York criminal trial
- A South Texas lawmaker’s 15
- A look at the key witnesses in Hunter Biden’s federal firearms trial
- Pro athletes understand gambling on their games is a non-negotiable no-no. Some learned the hard way
- Who is Keith Gill, the Roaring Kitty pumping up GameStop shares?
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Flavor Flav orders entire Red Lobster menu to save 'one of America's greatest dining dynasties'
Another victim from suspected serial killer's Indiana farm ID'd as man who went missing in 1993
What will become of The Epoch Times with its chief financial officer accused of money laundering?
Trump invites nearly all federal workers to quit now, get paid through September
Some veggie puffs contain high levels of lead, Consumer Reports finds
Sturgill Simpson to release new album under a new name, embark on 2024 concert tour
Michigan man’s court video about driving offense went viral. Now he’s in trouble again.