Vince McMahon Addresses Scandals – “I’ve Made Mistakes Personally & Professionally”
Vince McMahon was forced into retirement in July 2022 following the revelations that he had paid millions of dollars of hush money to female ex-employees of WWE amid allegations of serious sexual misconduct.
An investigation was carried out by WWE’s Board of Directors into McMahon’s conduct and he recently repaid millions of dollars to the company as a result of costs incurred. Vince McMahon also recently settled a multi-million dollar case with former WWE referee Rita Chatterton who accused McMahon of raping her in a limo in 1986.
Speaking on Squawk in the Box, Vince McMahon was asked about the scandals as well as his legacy as he and Endeavor CEO Ari Emanuel discussed WWE being sold to Emanuel’s company:
“I’ve made mistakes, obviously, personally and professionally through my 50-year career. I’ve owned up to every single one of them and then moved on. I’m not sure of the legacy stuff. I’m not going to write it. I don’t know. I want to say, as someone who had an extraordinary amount of fun, great passion for what they did, and wound up with the biggest deal he’s ever done in his life.”
When asked if a sale of WWE would have happened if the scandals hadn’t dogged McMahon, he replied that it would and that the deal dwarfs “all the WrestleManias combined”:
“Absolutely, it makes sense. Nothing has ever happened like this before. I’m always looking what’s best for our stockholders and our company. This is the best thing that has happened in a long time. All the WrestleManias combined doesn’t equal to the magnitude we will do together.”
Vince McMahon also addressed his creative role in WWE moving forward and says he will be involved in that process “on a higher level.”