Apr 3, 2022; Arlington, TX, USA; WWE owner Vince McMahon enters the arena during WrestleMania at AT&T Stadium. Mandatory Credit: Joe Camporeale-USA TODAY Sports
The bad news continues to roll regarding former WWE CEOVince McMahon, as two additional serious amounts of money were reportedly used without appearing on the official books of the company.
The total sum is evaluated at around $5 million, amounts paid in 2007 and 2009 respectively.
The amount spent by McMahon on activities that were not related to WWE is estimated at $19.6 million.
The company evaluated the unrecorded expenses and determined that “these amounts should have been recorded as expenses”, Variety reports.
The company is still continuing its investigation.
Ronda Rousey has been suspended indefinitely by WWE after lashing out at an official during her championship match against Liv Morgan.
This event occurred during the SummerSlam last weekend’s event, presented on the side of Nashville’s Nissan Stadium in front of nearly 50,000 fans.
The incident occurred when referee Dan Engler made a three count on Rousey as she executed a maneuver on Morgan and appeared to tap out. However, both of Rousey’s shoulders were on the ground, hence the three count. That’s when, in the midst of the excitement, she grabbed the official’s arm and then threw him to the floor and delivered her finishing move.
But since wrestling is still a spectator sport, suspensions are often bogus and serve more as a distraction/reason when a wrestler has to be away for an injury or vacation, for example.
So, in the story, not in reality, Rousey was fined an undisclosed amount while being suspended indefinitely. As they say in wrestling lingo, this story is a “work” (fictitious), which means that Rousey did not receive any real sanctions.
Ronda Rousey, a former Olympian and 2008 judo bronze medalist, was a fighter in the UFC until 2016 and the first woman inducted into the UFC Hall of Fame in 2018. She joined the WWE in 2018.
Vince McMahon, who announced his retirement last week, had to pay no less than 14.6 million dollars to women in order to silence and/or settle complaints of sexual misconduct against him.
According to a report filed by the WWE itself, McMahon awarded $14.6 million to keep several women silent about allegations for sexual misconduct that occurred between 2006 and 2022, according to the New York Post.
The WWE also clarified that this monstrous amount was in “unrecorded expenses”, but that it will analyze the expenses to reflect these said expenses.
Another investigation is also underway and could lead to potential lawsuits.
