Vince McMahon recently caught up in a controversial issue. The Wall Street Journal recently unveiled that WWE is investigating a secret $3 million settlement paid to a former employee of Mr. McMahon. The probe has also scooped several claims of misconduct from former employees toward The Chairman and top executive John Laurinaitis.
It is not known which member leaked the story. There are twelve people on the board. Dave Meltzer discussed the source of the leak on the latest Wrestling Observer Radio. Dave was not sure who might have released the information. Vince has also stepped down from his positions of CEO and Chairman. WWE announced that they were investigating the alleged misconduct case against McMahon as well as John Laurinaitis. Laurinaitis has reportedly been placed on administrative leave, and Bruce Prichard has been named interim Head of Talent Relations.
Vince Russo reveals why Vince McMahon kept top executives in WWE
In an interview on Wrestle Buddy, Vince Russo opened up on why he thinks Vince McMahon has kept executives like Laurinaitis, Paul Heyman, and others, hired to the company over such a long span of time. According to the former WWE writer, officials like Heyman, Laurinaitis, Bruce Prichard, and Michael Hayes know all of McMahon’s secrets. As a result, Russo believes that even with the decreasing ratings, there have been no changes in the team:
“You look at the WWE and you see their ratings are in the shi**er. You see there’s been a 20-year decline. Yet you see there’s the same people there. Paul Heyman, Michael Hayes, Bruce Prichard, John Laurinaitis – bro they all know where the bodies are buried. That’s why they are there bro. They know everything. They know all the secrets.”
Recently, in quite an interesting development from the Sports Business Journal, McMahon reached a settlement with former XFL commissioner Oliver Luck. Vince McMahon also recently made on-screen appearances on SmackDown as well as on RAW.
