Todd Spangler NY Digital Editor Vince McMahon has paid WWE $17.4 million for costs the wrestling entertainment company incurred in investigating misconduct allegations against the exec.
McMahon, WWE’s executive chairman and controlling shareholder, 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 an SEC filing by WWE Friday.
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