McMahon, 77, is being investigated over allegations that he paid women off after having affairs. WWE says tit will revise its previous financial results to account for the payments.
The now-retired WWE Chairman and CEO announces that he s quitting the industry he built after an old claim he raped a female referee in his limousine resurfaced.
McMahon, 77, had already stepped down from his role at WWE pending an investigation into allegations he paid women hush money after having affairs with them.
WWE s Vince McMahon paid out a total of $12 million to four women over the past 16 years to quiet allegations of sexual misconduct, according to a Wall Street Journal report.