WWE’s 8-K Filing Finds $14.6 Million In Unrecorded Payments Made By Vince McMahon

Entertainment: Vince McMahon
Jan 18, 2018; Stamford, CT, USA; WWE founder and chairman Vince McMahon poses for a portrait photo. McMahon announced that the XFL will re-launch in 2020. Mandatory Credit: Craig Ambrosio/Handout Photo via USA TODAY Sports

WWE has reportedly learned that former CEO Vince McMahon had agreed to make payments during the period of 2006 to 2022 that have totaled to approximately $14.6 million. These payments were allegedly not recorded in the WWE consolidated financial statements. According to Wall Street Journal, Vince “agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity.”

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