(PatrioticPost.com)- Drama has always found a way off the ring as much as it did on it, except this time it’s unscripted. The CEO of the largest wrestling franchise has temporarily stepped down after it was revealed that he is being investigated for paying hush money to cover up an affair.
It usually seems that the downfall of CEOs begins with an affair.
WWE CEO Vince McMahon’s temporary renouncement of power is effective immediately, and his daughter Stephanie will serve as interim CEO. A special committee of the board of directors is investigating the $3 million settlement between McMahon and a former female employee, who began as a paralegal for the company and then moved onto assistant to the WWE’s talent executive.
McMahon allegedly gave her the $3 million of his personal funds to keep quiet about their relationship and not disparage him, according to Washington Examiner.
The relationship was reportedly consensual, and the board is investigating other nondisclosure agreements totaling millions of dollars, as well as other complaints of female employees accusing McMahon of sexual misconduct.
The board discovered the affair after anonymous emails were sent by an employee who alleged that there was an ongoing affair between McMahon and the employee when her salary was raised from $100,000 to $200,000.
Talk about delivering a tombstone piledriver to McMahon’s career.
McMahon is complying with the investigation and pledged to accept the outcome.
“I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation. I have also pledged to accept the findings and outcome of the investigation, whatever they are,” Vince McMahon said in a press statement.
In case you were wondering, Vince McMahon is still married to Linda McMahon, who served as the Small Business Administration chief in the Trump administration. Remember when Donald Trump shaved McMahon’s head?