-

WWE Board of Directors investigation on Vince McMahon concluded

The WWE Board of Directors investigation on Vince McMahon and the alleged hush money case has been concluded. The news was part of the press release issued yesterday to announce WWE’s Q3 2022 financial results.

The dent in operating income, which was down 8% year-over-year, was partly blamed on the expenses to cover the cost of the Special Committee investigation into McMahon.

“For the three and nine-month periods ended September 30, 2022, the Company’s consolidated pre-tax results include the impact of $17.7 million and $19.4 million, respectively, associated with certain costs related to the investigation,” the press release said.

The results of the investigation were not revealed and it’s unclear if they ever will be. McMahon is no longer part of WWE’s decision-making, stepping down from all his roles within the company, although he remains the largest shareholder of WWE.

With the investigation complete, the Special Committee has now been disbanded.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

The Rock to appear at Elimination Chamber to get an answer from Cody Rhodes

The Rock will be at the Elimination Chamber on March 1 in Toronto, Canada, expecting an answer from WWE...

WrestleMania 42 announced for New Orleans on April 11 and 12, 2026

The Rock, appearing live on Smackdown last night in New Orleans, announced that WrestleMania 42 will be coming from...

AEW pay-per-view vault coming to Max on March 1

PWInsider.com is reporting that the AEW pay-per-views from 2020 onward will be added to the Max streaming service on...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading