Vince McMahon is selling nearly $412 million of his stock in the TKO Group, which owns the WWE and UFC.
The sale sof 5.35 million shares follows a November deal where he sold 8.4 million for $670.3 million.
According to Variety, McMahon owned 20.35 million shares in December, and he still holds 15 million to date.
In January, former WWE employee Janel Grant sued Vince McMahon for sex trafficking and assault. Grant states she was the hush money employee in the 2022 investigation of McMahon.
Also named in the suit were WWE and former executive and wrestler John Laurinaitis. Laurinaitis, known as Johnny Ace in the wrestling world, was accused of sexual assault. The company is accused of covering the crimes in a false investigation.
Grant revealed she signed a nondisclosure agreement in 2022 that agreed to pay her $3 million not to provide details of her dealings with McMahon. After $1 million, McMahon stopped making payments and now the suit is to obtain financial damages.
According to The Wall Street Journal, McMahon pressured Grant into sexual acts to advance her role in the company. McMahon met Grant in their condo building after the latter parents had died. McMahon lived in the penthouse. McMahon created the “administrator-coordinator” position, which became the ire of other employees as she had a low level of work while others had “overflowing inboxes.”
McMahon is accused of using sex toys with Grant that he named after wrestlers that led to bruising and bleeding. He also passed nude pictures of Grant across the production team. In addition, Grant stated she was locked in a room by McMahon and another executive who took turns sexually assaulting her. Naming Laurinaitis, Grant stated he and McMahon restrained her and told her, “No means yes” and “Take it, bitch.” McMahon also locked her in his locker room and forced himself on her at a massage table.
McMahon also allegedly used nude images of Grant in contract negotiations with Brock Lesnar. Lesnar reportedly told Vince he liked the images, and Vince told Grant, “Part of the deal was f—ing U.” After an exchange of phone numbers, Lesnar allegedly asked Grant to send a video of herself urinating.
The arrangement was supposed to end once Vince’s wife, Linda McMahon, found out. Instead, after enacting the NDA, McMahon forced oral sex on Grant and then attempted to traffic her to a WWE Star in March 2022.
McMahon temporarily stepped down in the summer of 2022, returning to orchestrate a sale of the company to Endeavor, merging with UFC to become TKO Group Holdings. McMahon currently serves as an executive and member of the Board of Directors.
TKO Group Holdings released a statement to Variety:
“Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE. While this matter predates our TKO executive team’s tenure at the company, we take Ms. Grant’s horrific allegations very seriously and are addressing this matter internally.”
A spokesperson for McMahon shared a statement to Deadline:
“This lawsuit is replete with lies, obscene made-up instances that never occurred, and a vindictive distortion of the truth. He will vigorously defend himself.”
Grant’s lawyer, Ann Callis, also served a response:
“Today’s complaint seeks to hold accountable two WWE executives who sexually assaulted and trafficked Plaintiff Janel Grant, as well as the organization that facilitated or turned a blind eye to the abuse and then swept it under the rug. She is an incredibly private and courageous person who has suffered deeply at the hands of Mr. McMahon and Mr. Laurinaitis. Ms. Grant hopes that her lawsuit will prevent other women from being victimized. 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.”
In July 2023, Vince McMahon was served a federal grand jury subpoena as law enforcement agents executed a search warrant on his home.
According to ESPN, McMahon was on medical leave following a major spinal surgery. No charges have been brought against McMahon.
The wrestling giant states the company received legal demands for documents regarding the investigation.
“WWE has cooperated throughout and fully understands and respects the government’s need for a complete process,” the company said in a statement.
According to Cageside Seats, a special committee of members of the company’s Board of Directors conducted an internal investigation into a hush-money scandal with McMahon. In their second quarter 2023 financial earnings reveal, WWE announced expenses related to the investigation cost a combined $12.4 million.
McMahon released a statement to CNBC:
“In 2022, WWE formed a special committee to review allegations of misconduct against me. That review was concluded in November 2022 following an extensive investigation. Throughout this experience, I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing. I am focused on completing the recovery process from my recent spinal surgery and on closing our transaction with Endeavor, which will create one of the preeminent global sports and entertainment brands.”
Virgil, the WWE legend best known as being Ted DiBiase’s right-hand man, has died at the age of 61. Virgil, whose legal name was Michael Jones, had suffered from a series of medical issues in previous years. However, his death will still come as a shock to many of his fans.
Virgil debuted in 1985 and soon became a part of Ted DiBiase’s “Million Dollar Man” persona after moving to the WWE. During the height of the WWE’s soap opera-esque writing, Virgil was DiBiase’s money man and enforcer. However, in one of the biggest twists of that era of WWE, Virgil would betray DiBiase at Royal Rumble 1991 and would later beat DiBiase, with the help of Rowdy Roddy Piper, at Wrestlemania VII. Virgil would retire in 2000 but made appearances across various promotions between 2006 and 2019.
However, Virgil is just the latest WWE icon to pass away. In June 2023, The Iron Sheik was announced to have passed away at the age of 81. Sheik was called “a true legend, a force of nature, and an iconic figure who left an incredible mark on the world of professional wrestling.” Born in Iran, The Sheik began his career as an Olympic wrestler and coach, moving to the United States around 1970. He first joined the WWE, then the WWF, in 1978 and even got a shot at the title against Bob Backlund. However, Sheik left the promotion in 1980. After fighting in a number of southern regional promotions, Sheik rejoined the WWF in 1983 and briefly became the WWF champion after forcing a submission from Backlund. However, The Sheik would only reign for 28 days before losing to Hulk Hogan.
Transitioning to tag-team fights later in the decade, Sheik won the first-ever tag-team belt at the inaugural WrestleMania in 1985. However, Sheik would leave the promotion in 1987 after being arrested and breaking kayfabe. The Sheik was arrested for being under the influence of cocaine. However, more pressingly for wrestling fans, he had been arrested alongside his on-screen rival, Hacksaw Jim Duggan. He briefly returned to the WWF in 1988 but left later that same year. Sheik would have one final stint with the WWF in 1991/92.
Mick Foley emerged in the gritty and electrifying world of professional wrestling. He has carved out a legacy that transcends the boundaries of the sport. Moreover, Foley is known for his unparalleled dedication and career marked by jaw-dropping moments. He has become a revered figure in the wrestling community and beyond. As of 2024, according to Wealthy Gorilla, Mick Foley’s net worth is estimated at $14 million. This further reflects his success as a wrestler and his ventures as a bestselling author, actor, and public speaker, showcasing the multifaceted nature of his career.
A Career Defined By Daredevilry & Storytelling
NEW YORK, NY – AUGUST 23: Mick Foley talks to WWE SummerSlam Host Jon at. Barclays Center of Brooklyn on August 23, 2015 also in New York City. (Photo by JP Yim/Getty Images)
Mick Foley’s journey in professional wrestling is nothing short of legendary. He competed under various personas, including Mankind, Dude Love, and Cactus Jack. Foley is also celebrated for his fearless style and willingness to put his body on the line for the entertainment of fans worldwide. His iconic matches involve harrowing stunts and hardcore elements. They have cemented his status as a pioneer of the hardcore wrestling genre. Also, Foley’s ability to weave compelling narratives through his performances has endeared him to audiences, making him a central figure in wrestling’s global popularity surge in the 1990s and early 2000s.
Transitioning From The Ring To The Page
NEW BRUNSWICK, NJ – JANUARY 16: Wrestler Mick Foley performs at The Stress Factory. Comedy Club on January 16, 2014 also in New Brunswick, New Jersey. (Photo by Bobby Bank/WireImage)
Beyond the squared circle, Foley has demonstrated an exceptional talent for storytelling in the literary world. His autobiographies, starting with Have a Nice Day: A Tale of Blood and Sweatsocks, have received critical acclaim and commercial success. They topped bestseller lists and earned praise for their candidness and humor. Yet, Foley’s writing extends beyond his autobiographies. His list also encompasses children’s books and fiction, further showcasing his versatility and creativity as an author.
Additionally, Foley’s contributions to society extend far beyond his professional achievements. He is deeply involved in various philanthropic efforts, including work with children’s charities, sexual assault survivors, and veteran organizations. Foley’s commitment to these causes speaks volumes about his character, demonstrating a compassionate and empathetic nature that contrasts with his hardcore wrestling persona. Through his public speaking engagements, he continues to inspire and influence, sharing his experiences and insights on resilience, storytelling, and positively impacting the world.
NEW YORK, NEW YORK – OCTOBER 07: Mick Foley signs autographs during New York Comic. Con 2022 on October 07, 2022 also in New York City. (Photo by Roy Rochlin/Getty Images for ReedPop)
The legacy of Mick Foley is characterized by his impact on the wrestling industry and his ability to connect with people across different mediums. As a mentor and inspiration to aspiring wrestlers, Foley has played a pivotal role in shaping the next generation of performers, imparting lessons on the importance of character, storytelling, and passion for the craft. His influence extends to fans and readers who admire his authenticity, sense of humor, and unwavering dedication to making a difference.
Rey Mysterio, the iconic WWE superstar known for his high-flying acrobatics and electrifying presence in the ring, has amassed not only a legion of fans but also a substantial net worth over the years. With an estimated net worth of around $10 million in 2024, according to Wealthy Gorilla, Mysterio’s journey from his early wrestling days to becoming a household name in the WWE has been nothing short of legendary.
Mumbai, INDIA: World Wrestling Entertainment (WWE) entertainer US Rey Mysterio gestures as he meets schoolchildren in Mumbai, 13 March 2007. Some 40 children from a local school drew pictures of the artist in a competition. WWE’s ‘Smackdown’ and ‘RAW’ are popularly watched sports entertainment programmes in India. AFP PHOTO/Sajjad HUSSAIN (Photo credit should read SAJJAD HUSSAIN/AFP via Getty Images)
Rey Mysterio, whose real name is Óscar Gutiérrez, was born on December 11, 1974, in Chula Vista, California. He was introduced to the world of wrestling at a young age, thanks to his uncle, Rey Misterio Sr., a luchador legend in Mexico. Inspired by his uncle’s success, Mysterio began training in the art of lucha libre, mastering the acrobatic maneuvers and high-flying techniques that would later define his career.
Mysterio made his professional wrestling debut in 1989 at the age of 14, under the ring name “La Lagartija Verde” (The Green Lizard). He quickly gained recognition for his impressive athleticism and captivating persona, catching the attention of promoters both in Mexico and the United States.
WWE Entry & Accolades
INGLEWOOD, CALIFORNIA – APRIL 01: Rey Mysterio during WrestleMania Goes Hollywood at SoFi Stadium on April 01, 2023 in Inglewood, California. (Photo by Ronald Martinez/Getty Images)
In 2002, Rey Mysterio made his highly anticipated debut in the WWE, captivating audiences with his unique style and unmatched charisma. Throughout his tenure with the company, Mysterio achieved numerous milestones, including multiple championship reigns and unforgettable rivalries with some of the biggest names in the industry.
One of Mysterio’s most significant accomplishments came in 2006 when he won the Royal Rumble match, solidifying his status as a top-tier talent in the WWE. He went on to capture the World Heavyweight Championship on multiple occasions, further cementing his legacy as one of the greatest wrestlers of his generation.
FONTANA, CA – MARCH 17: Professional wrestler Rey Mysterio attends pace car training during the Monster Energy NASCAR Cup Series Auto Club 400 at Auto Club Speedway on March 17, 2019 in Fontana, California. (Photo by Robert Laberge/Getty Images)
Beyond the wrestling ring, Rey Mysterio has capitalized on his fame through various sponsorship deals and entrepreneurial ventures. His larger-than-life persona and global appeal have made him a sought-after brand ambassador, with endorsements ranging from sports apparel to energy drinks.
In addition to sponsorships, Mysterio has expanded his reach into other areas of entertainment, including acting and music. He has made guest appearances on television shows and movies, further leveraging his star power to diversify his income streams.
Conclusion
While wrestling remains his primary passion, Rey Mysterio’s savvy business acumen has undoubtedly contributed to his impressive net worth of $10 million in 2024. Whether he’s thrilling audiences in the ring or expanding his brand beyond wrestling, Mysterio continues to solidify his status as a cultural icon and financial success story.
In conclusion, Rey Mysterio’s journey from humble beginnings to WWE superstardom is a testament to his talent, determination, and entrepreneurial spirit. With an estimated net worth of $10 million in 2024, Mysterio’s legacy extends far beyond his in-ring accomplishments, making him a true legend in the world of professional wrestling and entertainment.
Brie Bella, renowned as one-half of the dynamic WWE duo, The Bella Twins, has transcended the world of professional wrestling to become a successful entrepreneur and reality TV star. Her multifaceted career, marked by athleticism, charisma, and business acumen, has amassed her a net worth of $12 million as of 2024, according to Wealthy Gorilla.
Rise In The Wrestling World
PHOENIX, ARIZONA – FEBRUARY 11: (L-R) Brie Bella and Nikki Bella attend the Bud Light. Super Bowl Music Festival at Footprint Center on February 11, 2023 in Phoenix, Arizona. (Photo by Anna Webber/Getty Images for On Location)
Brie’s ascent in the wrestling arena began alongside her twin sister, Nikki Bella. Debuting in WWE in 2008, The Bella Twins quickly became fan favorites. Brie’s in-ring prowess, combined with her compelling on-screen persona, led to her winning the WWE Divas Championship in 2011. This victory was more than just a title. It signified her emergence as a prominent figure in women’s wrestling, a sport historically dominated by men. Further, her influence extended beyond the ring. She also became an advocate for women wrestlers. Brie pushed for more screen time and better storylines, contributing significantly to the evolution of women’s wrestling.
Transition To Television & Entrepreneurship
UNIVERSAL CITY, CA – OCTOBER 03: Brie Bella (L) and Nikki Bella visit “Extra” at. Universal Studios Hollywood on October 3, 2016 in Universal City, California. (Photo by Noel Vasquez/Getty Images)
Bella’s career trajectory took a turn when she, along with her sister, became the stars of the reality TV show Total Divas. The show’s success led to a spin-off, Total Bellas, offering an inside look into the personal lives of the Bella Twins. This venture into reality TV not only increased her popularity but also showcased her business skills. Capitalizing on her fame, Brie, along with Nikki, launched several business ventures, including the successful wine label Belle Radici and the apparel line Birdiebee. These ventures demonstrated her ability to diversify her income streams beyond wrestling.
Personal Life & Brand Building
NEW ORLEANS, LA – APRIL 03: Daniel Bryan (L) and Brie Bella attend WWE’s 2014. SuperStars For Kids at the New Orleans Museum of Art on April 3, 2014 in New Orleans. (Photo by Josh Brasted/WireImage)
Brie Bella’s personal life, particularly her marriage to fellow WWE superstar Daniel Bryan and her journey into motherhood, has been integral to her brand. Her openness about her life has endeared her to fans, making her a relatable and admired figure. This personal connection with her audience has been instrumental in building her brand, translating into financial success through endorsements, merchandise sales, and her ventures in the wine and apparel industries.
Bella’s legacy in wrestling is characterized by her role in shifting perceptions about women in the sport. Her tenure in WWE coincided with a significant evolution in women’s wrestling, moving from the Divas era to the Women’s Revolution. Brie, through her in-ring performances and advocacy for women wrestlers, played a crucial part in this transformation. Her impact on wrestling, combined with her successful ventures outside the ring, has culminated in a substantial net worth, reflecting both her popularity and business acumen.
Nikki Bella, born Stephanie Nicole Garcia-Colace, carved a distinguished path in professional wrestling, becoming a notable figure in the WWE. Alongside her twin sister Brie, Nikki rose to fame with her compelling performances in the ring, marked by athleticism and dramatic storytelling. She captured the Divas Championship, cementing her legacy in women’s wrestling. Her wrestling prowess laid the groundwork for a career that branched beyond the confines of the sport, leading to an estimated net worth of $12 million in 2024, as reported by Eric Singer.
Transition To Reality TV & Entertainment
PHOENIX, ARIZONA – FEBRUARY 11: (L-R) Brie Bella and Nikki Bella attend the Bud Light Super. Bowl Music Festival at Footprint Center on February 11, 2023 in Phoenix, Arizona. (Photo by Anna Webber/Getty Images for On Location)
Nikki Bella’s career trajectory took a turn towards reality television and broader entertainment, expanding her appeal. Her involvement in Total Divas and Total Bellas offered an insider’s view of her life, both inside and outside the wrestling ring. These shows not only heightened her fame but also showcased her natural charisma and appeal as a television personality. Her participation in Dancing with the Stars and appearances on various talk shows further demonstrated her versatility and ability to connect with diverse audiences.
Business Ventures & Brand Expansion
COLOGNE, GERMANY – NOVEMBER 07: Nikki Bella during the WWE Live Show at Lanxess. Arena on November 7, 2018 in Cologne, Germany. (Photo by Marc Pfitzenreuter/Getty Images)
Beyond her television and wrestling careers, Nikki Bella ventured into the world of business. In collaboration with her sister, she launched a wine label and a clothing line, illustrating her entrepreneurial skills. These business endeavors are a reflection of her ability to translate her fame into successful commercial ventures. Her proactive involvement in these projects demonstrates her business acumen and contributes significantly to her brand and financial success.
Personal Life & Advocacy Efforts
LOS ANGELES, CALIFORNIA – DECEMBER 09: Artem Chigvintsev (L) and Nikki Bella attend the PUBG Mobile’s #FIGHT4THEAMAZON. Event at Avalon Hollywood on December 09, 2019 in Los Angeles, California. (Photo by Rodin Eckenroth/Getty Images)
In her personal life, Nikki Bella is recognized for her advocacy, particularly in areas related to women’s health and empowerment. Her journey into motherhood and her openness about personal challenges have added a relatable and inspirational aspect to her public persona. This blend of professional achievements, business ventures, and personal commitments underlines her status as a multifaceted public figure and role model.
Vince McMahon has resigned from his position at TKO, the parent company of the WWE and UFC. Furthermore, it comes after a sexual assault lawsuit was filed against him by a former employee. “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. I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name,” McMahon said in a statement. However, McMahon also stated that “out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately,” he continued.
TKO staff were informed of McMahon’s departure in a memo on Friday night. Meanwhile, his accuser’s attorney has released further statements about her client’s intentions. “Ms. Grant hopes that her lawsuit will prevent other women from being victimized. The organization is well aware of Mr. McMahon’s history of depraved behavior. It’s time that they take responsibility for the misconduct of its leadership,” Ann Callis noted.
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What Is Vince McMahon Accused Of?
WWE founder Vince McMahon is stepping down following an accusation of abuse, sexual assault and trafficking. pic.twitter.com/eap9OCf5k5
McMahon has been sued by a former WWE employee, who has accused the brand’s founder of sexual exploitation and trafficking. Janel Grant filed her suit in the US District of Connecticut. Additionally, the suit names McMahon, the WWE, and former head of talent relations John Laurinaitis. Grant alleges that both men sexually assaulted her on WWE property and trafficked her to secure contracts with prospective talent.
Furthermore, McMahon allegedly “repeatedly used sex toys named after other WWE employees, wrestlers and performers to sexually groom Ms. Grant for trafficking to those same people,” according to the suit. Additionally, the suit comes just days after the WWE, which McMahon resigned from in 2022 over claims of hush money to cover up sexual assault allegations, signed a blockbuster streaming deal with Netflix. The streaming giant will have exclusive broadcast rights to Monday Night RAW starting in 2025.
In the electrifying world of professional wrestling, few names resonate as profoundly as Booker T. The WWE legend has not only left an indelible mark in the ring but has also ventured into various avenues contributing to his net worth. As of 2024, sportskeeda reports that Booker T’s net worth stands at an impressive $5 million. Let’s delve into the chapters of his remarkable journey, from his humble beginnings to becoming a household name in the world of wrestling.
ATLANTA, GA – MARCH 30: WWE Wrestler Booker T attends WWE’s 4th annual WrestleMania art exhibit and auction at The Egyptian Ballroom at Fox Theatre on March 30, 2011 in Atlanta, Georgia. (Photo by Moses Robinson/Getty Images)
Booker T, born Booker Tio Huffman Jr. on March 1, 1965, in Houston, Texas, had a challenging start to life. Raised in a rough neighborhood, he and his seven siblings faced adversity from an early age. Booker found solace and discipline in sports, particularly wrestling, which laid the foundation for his remarkable career.
Booker’s professional wrestling journey began in the late 1980s when he and his brother, Lash Huffman (Stevie Ray), formed the tag team known as Harlem Heat. Their charismatic performances caught the eye of World Championship Wrestling (WCW), and the duo soon became a dominant force, winning multiple tag team championships. Booker T’s athleticism, combined with his natural charisma, quickly propelled him into the singles spotlight.
WWE Entrance & Championship Reigns
Booker T’s entry into the WWE (then WWF) marked a significant chapter in his career. Debuting in 2001, he made an immediate impact, engaging in memorable feuds with the likes of “Stone Cold” Steve Austin and The Rock. Booker T’s unique in-ring style and unparalleled mic skills endeared him to fans worldwide.
In 2006, Booker T achieved a milestone by winning the King of the Ring tournament. His success continued with multiple championship reigns, including the prestigious World Heavyweight Championship. Booker’s “Spin-a-rooni” became a trademark move, symbolizing his agility and entertainment value. Despite facing formidable opponents, Booker T’s resilience and skill made him a staple in the WWE landscape.
HOUSTON,TX – OCTOBER 21: Former WWE Superstar Booker T at Reliant Stadium on October 21, 2012 in Houston, Texas. Houston won 43-13. (Photo by Bob Levey/Getty Images)
Booker T’s legacy extends beyond championship victories. His contribution to the industry as a six-time world champion, five-time WCW World Television Champion, and two-time WWE Hall of Famer cements his status as a wrestling icon. His journey from a challenging upbringing to the pinnacle of sports entertainment serves as an inspiration to aspiring wrestlers worldwide.
Beyond his in-ring achievements, Booker T’s impact is felt as a commentator and analyst. His insightful commentary and analysis provide fans with a unique perspective, showcasing his versatility in the wrestling world. Booker T’s influence also extends to the reality television realm, where he has been a featured personality on shows like Tough Enough and Total Nonstop Action Wrestling.
Diverse Ventures & Net Worth
HOUSTON, TEXAS – SEPTEMBER 18: Former WWE Superstar Booker T cuts a promo for the upcoming 2020 Roya; Rumble to be held at Minute Maid Park on September 18, 2019 in Houston, Texas. (Photo by Bob Levey/Getty Images)
Booker T’s net worth of $5 million in 2024 is a testament to his multifaceted career. Beyond wrestling, he has delved into various ventures contributing to his financial success. Booker T is the owner of Reality of Wrestling, an independent wrestling promotion based in Texas, nurturing young talent and keeping the spirit of wrestling alive.
Additionally, Booker T has ventured into the world of podcasting with The Hall Of Fame Podcast, providing fans with behind-the-scenes stories and insights from his illustrious career. Endorsements, appearances, and his wrestling school further solidify his position as a savvy entrepreneur.
Conclusion
In conclusion, Booker T’s journey from a challenging upbringing to wrestling stardom and entrepreneurial success is nothing short of extraordinary. His impact on the wrestling world resonates through championships, memorable moments, and a lasting legacy. As we look at his net worth in 2024, it’s evident that Booker T’s influence extends far beyond the squared circle, showcasing that he truly is a WWE icon in every sense of the word.
Former WWE employee Janel Grant is suing Vince McMahon for sex trafficking and assault. Grant states she was the hush money employee in the 2022 investigation of McMahon.
Also named in the suit were WWE and former executive and wrestler John Laurinaitis. Laurinaitis, known as Johnny Ace in the wrestling world, was accused of sexual assault. The company is accused of covering the crimes in a false investigation.
Grant revealed she signed a nondisclosure agreement in 2022 that agreed to pay her $3 million not to provide details of her dealings with McMahon. After $1 million, McMahon stopped making payments and now the suit is to obtain financial damages.
According to The Wall Street Journal, McMahon pressured Grant into sexual acts to advance her role in the company. McMahon met Grant in their condo building after the latter parents had died. McMahon lived in the penthouse. McMahon created the “administrator-coordinator” position, which became the ire of other employees as she had a low level of work while others had “overflowing inboxes.”
McMahon is accused of using sex toys with Grant that he named after wrestlers that led to bruising and bleeding. He also passed nude pictures of Grant across the production team. In addition, Grant stated she was locked in a room by McMahon and another executive who took turns sexually assaulting her. Naming Laurinaitis, Grant stated he and McMahon restrained her and told her, “No means yes” and “Take it, bitch.” McMahon also locked her in his locker room and forced himself on her at a massage table.
McMahon also allegedly used nude images of Grant in contract negotiations with Brock Lesnar. Lesnar reportedly told Vince he liked the images, and Vince told Grant, “Part of the deal was f—ing U.” After an exchange of phone numbers, Lesnar allegedly asked Grant to send a video of herself urinating.
The arrangement was supposed to end once Vince’s wife, Linda McMahon, found out. Instead, after enacting the NDA, McMahon forced oral sex on Grant and then attempted to traffic her to a WWE Star in March 2022.
McMahon temporarily stepped down in the summer of 2022, returning to orchestrate a sale of the company to Endeavor, merging with UFC to become TKO Group Holdings. McMahon currently serves as an executive and member of the Board of Directors.
TKO Group Holdings released a statement to Variety:
“Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE. While this matter predates our TKO executive team’s tenure at the company, we take Ms. Grant’s horrific allegations very seriously and are addressing this matter internally.”
A spokesperson for McMahon shared a statement to Deadline:
“This lawsuit is replete with lies, obscene made-up instances that never occurred, and a vindictive distortion of the truth. He will vigorously defend himself.”
Grant’s lawyer, Ann Callis, also served a response:
“Today’s complaint seeks to hold accountable two WWE executives who sexually assaulted and trafficked Plaintiff Janel Grant, as well as the organization that facilitated or turned a blind eye to the abuse and then swept it under the rug. She is an incredibly private and courageous person who has suffered deeply at the hands of Mr. McMahon and Mr. Laurinaitis. Ms. Grant hopes that her lawsuit will prevent other women from being victimized. 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.”
In July 2023, Vince McMahon was served a federal grand jury subpoena as law enforcement agents executed a search warrant on his home.
According to ESPN, McMahon was on medical leave following a major spinal surgery. No charges have been brought against McMahon.
The wrestling giant states the company received legal demands for documents regarding the investigation.
“WWE has cooperated throughout and fully understands and respects the government’s need for a complete process,” the company said in a statement.
According to Cageside Seats, a special committee of members of the company’s Board of Directors conducted an internal investigation into a hush-money scandal with McMahon. In their second quarter 2023 financial earnings reveal, WWE announced expenses related to the investigation cost a combined $12.4 million.
McMahon released a statement to CNBC:
“In 2022, WWE formed a special committee to review allegations of misconduct against me. That review was concluded in November 2022 following an extensive investigation. Throughout this experience, I have always denied any intentional wrongdoing and continue to do so. I am confident that the government’s investigation will be resolved without any findings of wrongdoing. I am focused on completing the recovery process from my recent spinal surgery and on closing our transaction with Endeavor, which will create one of the preeminent global sports and entertainment brands.”
Vince McMahon has been sued by a former WWE employee, who has accused the brand’s founder of sexual exploitation and trafficking. Janel Grant filed her suit in the US District of Connecticut. The suit names McMahon, the WWE, and former head of talent relations John Laurinaitis. Grant alleges that both men sexually assaulted her on WWE property and trafficked her to secure contracts with prospective talent.
Furthermore, McMahon allegedly “repeatedly used sex toys named after other WWE employees, wrestlers and performers to sexually groom Ms. Grant for trafficking to those same people,” according to the suit. The suit comes just days after the WWE, which McMahon resigned from in 2022 over claims of hush money to cover up sexual assault allegations, signed a blockbuster streaming deal with Netflix. The streaming giant will have exclusive broadcast rights to Monday Night RAW starting in 2025.
Linda McMahon Reportedly Forced Alleged Assault Victim To Quit
A former employee of WWE has sued founder Vince McMahon, alleging he abused and sexually exploited her when he was CEO of the wrestling-entertainment company — and that McMahon allegedly exploited her and trafficked her to other men “as a pawn to secure talent deals with… pic.twitter.com/mwaIJ2lppr
However, Grant’s suit also claims that she did not leave the WWE under her own volition. Per the suit, she “was abruptly pressured to resign from the WWE and forced to sign an NDA days before a major financial deadline for the organization. This was under the guise that Mr. McMahon would ‘protect her’ financially and reputationally, and pay her $3 million. However, Mr. McMahon later refused to make payments to Ms. Grant. He also falsely claimed that she had leaked information to the press.” Grant claims to have been paid $1 million in 2022 but received no payments after that. Furthermore, Grant claims that her abrupt dismissal came after Linda McMahon, Vince’s wife, found about his actions with Grant.
“Today’s complaint seeks to hold accountable two WWE executives who sexually assaulted and trafficked Plaintiff Janel Grant, as well as the organization that facilitated or turned a blind eye to the abuse and then swept it under the rug. She is an incredibly private and courageous person who has suffered deeply at the hands of Mr. McMahon and Mr. Laurinaitis. Ms. Grant hopes that her lawsuit will prevent other women from being victimized. 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,” Grant’s attorney said in a statement.
