Vince McMahon

2023 - 3 - 25

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Image courtesy of "The Washington Post"

How Vince McMahon and his wrestling empire explain America (The Washington Post)

In the revelatory biography “Ringmaster,” Abraham Riesman explores the strangely entwined worlds of Trump-era politics and the WWE.

And for the young (and young at heart) in your life, see the best [children’s and YA books](https://www.washingtonpost.com/books/2022/11/17/best-childrens-ya/?itid=lb_more-from-book-world_7) and top [graphic novels](https://www.washingtonpost.com/books/2022/11/17/best-graphic-novels/?itid=lb_more-from-book-world_8). [romance novels](https://www.washingtonpost.com/books/2022/11/17/best-romance-books/?itid=lb_more-from-book-world_6) of 2022. Plus, six [BookTok stars share](https://www.washingtonpost.com/books/2022/11/17/booktok-tiktok-books-bestsellers/?itid=lb_more-from-book-world_9) their favorite reads of the year. [10 best books of 2022](https://www.washingtonpost.com/books/2022/11/17/best-books/?itid=lb_more-from-book-world_2) or dive into your favorite genre. Despite publicly passing the reins to his daughter, Stephanie McMahon, he returned to WWE’s board in January, leading his daughter to abruptly resign and prompting rumors of a possible sale of the business to Saudi Arabia. Riesman describes this development as the birth of “neokayfabe,” a new era of pro wrestling in which McMahon’s actual wife, son and daughter were all cast in (often abhorrent) storylines involving elements like supposed kidnappings and suggested sexual assault. The announcement effectively reinvented the kayfabe universe of WWE by blurring lines between fact and fiction as McMahon simultaneously continued his real-life reign as the industry’s kingpin and became a star in the ring. McMahon’s life, by contrast, has always, and only, centered on the spectacle of the ring. In the process of unpacking how we got here, “Ringmaster” draws alarming parallels between the rise of pro-wrestling culture and a political movement that saw a member of the WWE Hall of Fame voted into the White House. Early on, McMahon learned the business at the side of his father, Vince McMahon Sr., also a wrestling promoter. Standing at the heart of this uniquely violent hybrid of sport and entertainment is WWE majority owner and executive chairman Vince McMahon, the (uncooperative) subject of Abraham Riesman’s revelatory new biography, “ Riesman’s book is a captivating dive into a spectacle that cannot genuinely be categorized as a real sport but that nonetheless relies on the talents of world-class athletes.

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Image courtesy of "Brunswick News"

Vince McMahon reimburses WWE $17.4 million for investigation into ... (Brunswick News)

Vince McMahon has footed the $17.4 million bill for the WWE's investigation into the misconduct allegations raised against him, which triggered his brief ...

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Image courtesy of "CT Insider"

WWE paid $17.4M by Vince McMahon for costs tied to probe (CT Insider)

WWE Executive Chairman Vince McMahon's $17.4 million in reimbursement to the company covers costs incurred through an investigation of his alleged ...

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Image courtesy of "The Sun"

Vince McMahon pays WWE £14million to reimburse costs for ... (The Sun)

VINCE MCMAHON has paid out £14million to the WWE to cover costs related to investigations into misconduct allegations against him.A WWE SEC filing co.

[astronomical amount of money each shareholder would make](https://www.the-sun.com/sport/7441217/wwe-sale-vince-mcmahon-shareholders-earnings/) from the sale has recently been revealed. [help facilitate a sale of the WWE.](https://www.the-sun.com/sport/7104782/wwe-newcastle-saudi-arabia-vince-mcmahon/) [unanimously voted back in](https://www.the-sun.com/sport/7066845/vince-mcmahon-return-wwe-sell-company-retired-sexual-harassment/) by the board of directors and returned as executive chairman earlier this year. He is the controlling shareholder of the company, and the [accusations of sexual misconduct](https://www.the-sun.com/sport/5856458/wwe-news-vince-mcmahon-hush-money/) and reports he allegedly paid several women millions in hush money between 2006 and 2022. [WWE SEC filing](https://otp.tools.investis.com/clients/us/wwe/SEC/sec-outline.aspx?FilingId=16514641&Cik=0001091907&PaperOnly=0&HasOriginal=1) confirmed McMahon, 77, paid to reimburse the company "for the costs that have been incurred and paid by the company and/or its subsidiaries" in relation to the investigation.

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Image courtesy of "TJR Wrestling"

Vince McMahon Pays Back Millions To WWE – TJR Wrestling (TJR Wrestling)

The consequences of sexual misconduct allegations continue to be felt by Vince McMahon who has now reimbursed WWE millions of dollars.

The Agreement also includes a release of Mr. The Agreement further provides that Mr. McMahon will pay the Company approximately $17.4 million to reimburse the Company for the costs that have been incurred and paid by the Company and/or its subsidiaries, through January 31, 2023, in connection with and/or arising from the investigation conducted by a special committee of the Company’s board of directors, related revisions to the Company’s financial statements and other related matters.

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Image courtesy of "Bleacher Report"

Vince McMahon Pays WWE $17.4M for Costs Related to Sexual ... (Bleacher Report)

WWE chairman Vince McMahon reimbursed the company for $17.4 million in costs related to an investigation into sexual misconduct allegations against him.…

In January, Vince McMahon returned to the board of directors and was once again elected chairman. Listen to Ring Rust Radio for all of the hot wrestling topics. 31, 2023, in connection with and/or arising from the investigation conducted by a special committee of the company's board of directors." [Spangler](https://variety.com/2022/tv/news/wwe-vince-mcmahon-misconduct-payments-total-1235337432/), it was found that McMahon paid a total of $19.6 million in personal funds to four different women in exchange for their silence on allegations including sexual misconduct. [Todd Spangler](https://variety.com/2023/tv/news/vince-mcmahon-pays-wwe-sexual-misconduct-investigation-1235564261/) of Variety, an SEC filing showed McMahon made the payment Thursday to cover "the costs that have been incurred and paid by the company and/or its subsidiaries, through Jan. WWE chairman Vince McMahon reimbursed the company for $17.4 million in costs related to an investigation into sexual misconduct allegations against him.

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Image courtesy of "Cultaholic"

Vince McMahon Reimburses $17.4 Million To WWE (Cultaholic)

Over the last year, scandal and controversy has surrounded the name of Vince McMahon. WWE had previously investigated McMahon following alleged sexual ...

The Agreement also includes a release of Mr. The Agreement further provides that Mr. McMahon regarding the investigation and related matters described above.” The Agreement provides that Mr. McMahon will also review in good faith and reimburse the Company for additional costs incurred by the Company and/or its subsidiaries subsequent to January 31, 2023 (or that have been incurred by the Company and/or its subsidiaries and not yet paid as of January 31, 2023), in connection with and/or arising from the same matters. McMahon will pay the Company approximately $17.4 million to reimburse the Company for the costs that have been incurred and paid by the Company and/or its subsidiaries, through January 31, 2023, in connection with and/or arising from the investigation conducted by a special committee of the Company’s board of directors, related revisions to the Company’s financial statements and other related matters.

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Image courtesy of "Wrestling Inc."

Vince McMahon Reimburses WWE For Costs Relating To Hush ... (Wrestling Inc.)

The investigation into Vince McMahon and his alleged hush money payments appears to be over, as the WWE Chairman has paid millions to the company.

The status of the sale is unclear as of this writing, but [Nick Khan recently revealed that the company could be sold](https://www.wrestlinginc.com/1187845/nick-khan-gives-big-update-on-how-quickly-wwe-could-be-sold/) in the first quarter of 2023. However, now that McMahon has reimbursed the company, it seems that the investigation has finally come to an end — at least for now. Per the filing, the reimbursement was for "the costs that have been incurred and paid by the company and/or its subsidiaries, through Jan.

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