Joe Otterson TV ReporterVince McMahon is retiring from WWE.“As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE,” McMahon said in a statement released by the sports entertainment company. “Throughout the years, it’s been a privilege to help WWE bring you joy, inspire you, thrill you, surprise you, and always entertain you.
I would like to thank my family for mightily contributing to our success, and I would also like to thank all of our past and present Superstars and employees for their dedication and passion for our brand.
Most importantly, I would like to thank our fans for allowing us into your homes every week and being your choice of entertainment.
I hold the deepest appreciation and admiration for our generations of fans all over the world who have liked, currently like, and sometimes even love our form of Sports Entertainment.” McMahon’s retirement comes after it was announced in June that he would be stepping back from his roles as chairman and CEO of WWE amid an ongoing investigation into allegations that he paid out millions of dollars to multiple women to keep quiet about alleged affairs.
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