WWE said in the filing with the Securities and Exchange Commission that while government investigations into McMahon remain ongoing, no charges have been brought in them.
The Wall Street Journal had reported last year that the WWE was investigating an alleged US$3 million payment from McMahon to a departing female employee following a consensual affair. WWE's investigation into the misconduct allegations was completed last year. Khan said McMahon had major spinal surgery nearly two weeks ago and is taking the leave in order to focus on his recovery. He did not specify the duration of the leave.
WWE, which announced with Endeavor in April that it was combining with UFC, said that it saw an increase in ticket sales for live events, both domestically and overseas. It also reported an uptick in advertising and sponsorship revenue.
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Source: TheTorontoSun - 🏆 23. / 68 Read more »