After being accused of sex trafficking in a new lawsuit, Vince McMahon announced his resignation from WWE and UFC parent company TKO Group Holdings on Friday night.
In a report on PWInsider.com, Mike Johnson noted the following in regards to the situation…
“As one source noted to me this morning, ‘if anyone believes for a second’ that Endeavor owner Ari Emanuel wanted to discover the type of allegations brought forth in the Janel Grant lawsuit, not just about a company he purchased – but a company that has been employing his own daughter at WWE HQ for several years – they ‘don’t know Emanuel’ and they don’t understand how ‘ferociously he will eradicate’ anything that needs to be taken care of to protect his businesses.
The same source noted that if Emanuel was willing to walk away from Saudi Arabia investments years ago without ‘blinking an eye’, he’ll have no problem ‘removing anything and anyone still remaining’ that could potentially hurt or impact WWE’s business going forward.”
INTERNAL REACTION TO VINCE MCMAHON’S TKO & WWE RESIGNATION, WHERE THINGS STAND WITH THE JANEL GRANT LAWSUIT AND LOTS MORE | PWInsider.com
By Mike Johnson on 2024-01-29 09:10:00 Obviously, the major news surrounding WWE is the Vince McMahon resignation, stemming from the Janel Grant lawsuit filed against him, John Laurinaitis and WWE. PWInsider.com can confirm that electric summons for all three defendants were issued on 1/26 by The U.S.