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Watch WWE Board Investigates $3 Million Payment by CEO Vince McMahon News Video

Watch WWE Board Investigates $3 Million Payment by CEO Vince McMahon News Video

“World Wrestling Entertainment’s board is investigating a $3 million hush-money settlement that CEO Vince McMahon paid a woman over an alleged affair, The Wall Street Journal reported Wednesday, citing documents and people familiar with the matter.

“The agreement, which was struck in January, is intended to prevent the woman, who had worked as a paralegal for the company, from discussing her relationship with McMahon or making critical statements about the chief executive, the Journal added.

“A WWE spokesman told the newspaper that the company is cooperating with the board’s investigation and that the relationship between McMahon and the woman was consensual.”

Read more at CNBC

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