Vince McMahon, the executive chairman of TKO Group Holdings, the parent company of WWE/UFC, has announced his immediate resignation in the wake of serious legal allegations. Janel Grant, a former WWE employee, filed a lawsuit against McMahon, WWE, and former senior vice president John Laurinaitis, accusing them of “physical and emotional abuse, sexual assault, and trafficking” during her time at the company.
McMahon vehemently denies the allegations, branding them as “replete with lies” and a “vindictive distortion of the truth.” Despite maintaining his innocence, he cited respect for the TKO business, its stakeholders, and the WWE Universe as reasons for his resignation.
This legal turmoil is not the first for McMahon. In June 2022, he stepped down as chairman and CEO of WWE amid an investigation into allegations that he paid a former employee $3 million to conceal their affair. McMahon’s retirement was announced a month later, but the investigation concluded in November 2022. In January 2023, he was unanimously elected executive chairman of the board when WWE and UFC merged to form TKO Group Holdings.
Grant’s complaint outlines disturbing instances of alleged abuse, coercion, and explicit behavior, claiming McMahon pushed for a physical relationship in exchange for promised employment. The complaint further accuses McMahon of sharing explicit material of Grant, coercing her into sexual encounters, and orchestrating inappropriate situations at WWE headquarters. McMahon’s legal team maintains that the lawsuit is baseless and vows to vigorously defend him against these accusations.