Former WWE President, CEO and Chief Creative Officer Vince
McMahon has said that he has told people close to him that he plans to return
to WWE at some point.
McMahon retired in July amid allegations that he paid
millions of dollars to four women over 16 years to keep quiet about sexual
relationship with McMahon, with people saying he had received "bad
advice" to come down and accept the charges against him. " Blown over" if he remained in
office, according to Joe Palazzolo and Ted Mann of the Wall Street Journal.
After purchasing WWE from his father in 1982, McMahon ran
the company's business and creative for decades before handing over management
in July.
McMahon's 77-year-old daughter, Stephanie McMahon, took
over as chairman and CEO, while WWE Chairman Nick Khan was promoted to
executive chairman. McMahon's brother-in-law, Triple H, took over as director
of creative operations and vice president of talent relations.
In addition to the charges, McMahon accused McMahon of
sexual assault by two women. Former WWE referee Rita Chatterton accused McMahon
of assaulting her in a limo in 1986. McMahon's legal team reportedly received a
letter from Chatterton's representative in November asking McMahon to pay
$11.75 million in damages.
According to Palazzolo and Mann, McMahon is also accused of
sexually assaulting a former spa manager in 2011 in a separate lawsuit filed in
November.
McMahon has denied both allegations and is refusing to pay
any fines.
According to Palazzolo and Mann, people familiar with the
situation said the spa's former manager reported the allegations to the resort.
These people also said she told her husband about it, who allegedly tried to
fight McMahon with a baseball bat at a WWE event before turning away.
McMahon's retirement came after it was alleged that he paid
$12 million in secret to several women since 2006. WWE executives investigated
McMahon and decided that the payments should have been recorded as WWE
expenses, but they weren't. People familiar with the matter told Palazzolo that
Mann and the WWE Board of Directors are still considering taking legal action
against McMahon.
In July, Palazzolo, Mann and Joe Flint reported that $12
million in payments went to four different women. The investigation into the
payments began after allegations emerged that McMahon paid $3 million to a
woman who was a WWE employee from 2019 to January 2022 in exchange for privacy.
McMahon remains the majority owner and shareholder of WWE and retains more
voting power than anyone else in the company.
This shows that at least some level of McMahon can return
to his original position in WWE at some point, but if the company decides to
prevent him or even take illegal action against him, it may not be the right
choice.