April 14, 2024

STAMFORD, Conn. — Wrestling icon Vince McMahon resigned Friday from WWE’s mother or father firm the day after a former worker filed a federal lawsuit accusing him and one other former govt of great sexual misconduct, together with providing her to a star wrestler for intercourse.

McMahon stepped down from the board of administrators at WWE’s mother or father firm, TKO Group Holdings, in accordance with a press release launched late Friday. He continued to disclaim wrongdoing following the lawsuit filed by Janel Grant, who labored within the firm’s authorized and expertise departments.

The go well with contains allegations that McMahon, now 78, pressured Grant right into a sexual relationship to ensure that her to get and hold a job and handed round pornographic photos and movies of her to different males, together with different WWE workers.

“I stand by my prior assertion that Ms. Grant’s lawsuit is replete with lies, obscene made-up cases that by no means occurred, and is a vindictive distortion of the reality,” he stated within the assertion. “I intend to vigorously defend myself towards these baseless accusations, and look ahead to clearing my title.”

The AP usually doesn’t title accusers in sexual assault instances, however Grant’s representatives stated she wished to go public. Her lawyer didn’t instantly have a remark Friday.

McMahon stepped down as WWE’s CEO in 2022 amid an investigation into allegations that match these within the lawsuit, which was filed in U.S. District Courtroom in Connecticut, the place WWE is predicated.

McMahon was the chief and most recognizable face at WWE for many years. When he bought what was then the World Wrestling Federation from his father in 1982, wrestling matches passed off at small venues and appeared on native cable channels. WWE matches at the moment are held in skilled sports activities stadiums, and the group has a large abroad following.

WWE merged final April with the corporate that runs Final Combating Championship to create the $21.4 billion sports activities leisure firm TKO Group Holdings, and McMahon served as that group’s govt chairman of the board till Friday.

TKO Group’s consultant on Friday referred media inquiries about McMahon’s resignation to his assertion.

“Mr. McMahon doesn’t management TKO nor does he oversee the day-to-day operations of WWE,” TKO Group stated earlier this week. “Whereas this matter pre-dates our TKO govt group’s tenure on the firm, we take Ms. Grant’s horrific allegations very critically and are addressing this matter internally.”