Days after he was accused of sex trafficking and sexual abuse, Vince McMahon has resigned from all his roles at WWE and its parent company, TKO, a source familiar with the situation told Fox News Digital on Friday.
“I stand by my prior statement that Ms. Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth,” McMahon said in a statement. “I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name.
“However, out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately.”
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Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. (Michael N. Todaro/Getty Images)
A lawsuit against McMahon was filed in Connecticut on Thursday by Janel Grant, who alleged in the 67-page complaint that McMahon lured her to the company with the promises of a stellar career, only to be sexually exploited by him and people he called his “friends” between 2019 and 2022.
This is a developing story. Please check back for more details.