Former CEO failed to disclose $10.5 million with WWE over settlements made to two former female employees of the wrestling company

Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.

Former WWE executive Vince McMahon has reached a settlement with the Securities and Exchange Commission (SEC).

Nearly three years after the WWE investigated alleged hush money payments made by former CEO Vince McMahon, part of the saga is coming to an end. The SEC has reached a settlement with McMahon that will put part of his legal woes to rest in what has been an ongoing saga in his life for some time.

"In the end, there was never anything more to this than minor accounting errors," McMahon says in a statement.

Former WWE chairman, CEO and head of creative Vince McMahon reached a $1.7 million settlement with the Securities and Exchange Commission on Friday

Former WWE impresario Vince McMahon agrees to settle allegations by the SEC that he paid millions in hush money to two women without telling his board.

The Securities and Exchange Commission says that it has reached a settlement deal with former WWE CEO Vince McMahon relating to undisclosed payments to an employee and an independent contractor with whom he allegedly had relationships with. McMahon will pay a $400,000 civil penalty, and will reimburse the WWE more than $1.3 million.

World Wrestling Entertainment founder Vince McMahon will pay more than $1.7 million after he was accused of not disclosing payment agreements related to sexual misconduct with two women, officials said.

The Golden Era was a special time for WWE. While many things have changed since that time, the product is similar in many ways as well.

On Friday, January 10, 2025, the SEC (Securities and Exchange Commission) announced it has settled charges against former WWE CEO Vince McMahon for failing to disclose two settlements made in 2019 and 2022 that he made on behalf of himself and WWE.