Vince McMahon to Pay $1.7 Million Over Hush-Money Agreements

2 weeks ago 3

Photo: Michael N. Todaro/Getty Images Former WWE CEO Vince McMahon will pay the price for his payouts - and in this case, the price is $1.7 million. The Securities and Exchange Commission announced on Friday that it has settled its charges against McMahon related to alleged hush-money payments made on behalf of himself and the WWE. The SEC found that McMahon did not properly disclose to his then-company that he had made payments to two women ($3 million to a former WWE employee and $7.5 million to a former WWE independent contractor) in exchange for their agreement not to file claims against . . .
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