McMahon's Resignation

The name of WWE Chairman and CEO Vince McMahon has always been in controversies.

Vince McMahon has resigned from the post of CEO and chairman of the company after being in controversies once again.

In a report by the Wall Street Journal, it was revealed that Vince McMahon had given $3 million to an employee as a settlement.

The report claims that Vince had an affair with this employee. After this report, WWE has started investigation.

Vince McMahon issued a press release on the allegations against him, saying that I will fully assist the Special Committee.

He said that I will fully help in the investigation and I am ready to accept whatever decision comes after this investigation.

McMahon ran the company for 40 years after taking over from his father in 1982. At that time it was known as World Wrestling Federation.

The commercialization of wrestling has made the McMahon family billionaires. The family is also involved in Republican politics.

Let us tell you that The McMahon family has been involved in wrestling for more than a hundred years.