WWE recently confirmed in a press release that Vince McMahon stepped down from the positions of Chairman and CEO. It was shortly announced that he would be making an appearance on tonight’s edition of SmackDown to address his absence.
It comes after getting entailed in a controversial matter. 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 McMahon tears SmackDown script
Alex Sherman from CNBC is reporting that tonight’s script for WWE SmackDown has been torn up and Vince McMahon will appear in character to talk about his temporary absence. It was clear from the press release that was sent out earlier that he would be “in character” because he was referred to as simply “Mr. McMahon.” WWE announced earlier today that Vince would be stepping down temporarily during the misconduct allegation investigation. Sherman adds that the writing team is currently working on the new script for tonight’s show.
New from CNBC: Vince McMahon will speak tonight on Smackdown IN CHARACTER as Mr. McMahon to address his temporary absence.
Could be a big ratings night for WWE. McMahon has torn up the script for Smackdown, which was written last night, I’m told. https://t.co/vMInFJ1LqQ
— Alex Sherman (@sherman4949) June 17, 2022
Sherman also suggested that Vince will not be stepping down from his position from good. The former WWE Chief Brand Officer Stephanie McMahon will be taking up his duties. It seems Vince is temporarily stepping down to cooperate with the investigations.
Amid an ongoing investigation into the allegations, McMahon voluntarily gave up his position as Chairman and CEO. WWE issued a statement and noted that McMahon will continue to oversee the creative decisions until the conclusion of the investigation
