Vince McMahon Resigns From TKO Group Board of Directors Following Sex Abuse, Trafficking Lawsuit

variety.com:

Joe Otterson TV Reporter Vince McMahon has resigned from his position as the executive chairman of the board of TKO Group Holdings, Inc., the company formed by Endeavor that merged WWE and the UFC. “I wanted to inform you that Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors,” WWE president and TKO board member Nick Khan said in an email to staff seen by Variety. “He will no longer have a role with TKO Group Holdings or WWE.” McMahon’s ouster comes after former WWE employee Janel Grant filed a lawsuit against him, the company, and former WWE executive John Laurinaitis.

The lawsuit alleges that McMahon abused and sexually exploited her and also trafficked her to other men, including Laurinaitis, who was formrely WWE’s head of talent relations.

According to Grant’s lawsuit, McMahon and Laurinaitis — on WWE property and using WWE funding — both engaged in sexual assault and trafficking of Grant “both for their own pleasure and as a pawn to secure talent deals with prospective wrestlers they were recruiting.” McMahon “repeatedly used sex toys named after other WWE employees, wrestlers and performers to sexually groom Ms.

Grant for trafficking to those same people,” per the suit. A copy of the lawsuit is available at this link. The lawsuit was filed days after it was announced that WWE had secured a deal with Netflix to begin airing “Monday Night Raw” beginning in 2025.