Vince McMahon has reimbursed WWE $17.4 million for costs the wrestling entertainment company incurred in investigation misconduct allegations against the exec. McMahon, WWE’s executive chairm…
$17.4 million for costs the wrestling entertainment company incurred in investigation misconduct allegations against the exec.returned to the company in January after he “retired” from the company last year
. WWE’s board had formed a special committee to look into allegations that he paid millions of dollars in hush money to multiple women to stay quiet about affairs and other misconduct. Under an agreement reached with the company, McMahon on March 23 paid WWE about $17.4 million, according to anby WWE Friday.
McMahon also promised to pay back the company “for additional costs incurred by the company and/or its subsidiaries” after Jan. 31. The agreement includes a “release of the company by Mr. McMahon regarding the investigation and related matters described above.”
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