Vince McMahon Resigns From TKO Amidst Sex Trafficking Lawsuit
Vince McMahon resigned from TKO on Friday, January 26 following details of a sex trafficking lawsuit being made public.
Vince McMahon Resigns From TKO
Vince McMahon resigned from TKO on Friday, January 26. This comes after a sex trafficking lawsuit was filed on Thursday, January 25.
McMahon was serving as the TKO Executive Chairman, as well as a member of the Board of Directors. As first reported by Deadline, McMahon is officially out of the company and has put out a statement.
This comes just a day before the Royal Rumble PLE, with Slim Jim already taking action by pausing their Royal Rumble sponsorship due to the allegations. The full NoSmokeSport article on the lawsuit can be found here.
Below is the statement:
“I stand by my prior statement that Ms. Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth. I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name.”
“However, out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately.”
Deadline
H/T Deadline
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