Latest news with #VinceMcMahon
Daily Mail
13 hours ago
- Business
- Daily Mail
WWE superstar is RELEASED as he posts emotional message after becoming latest victim of brutal cuts
WWE favourite R-Truth has issued a heartfelt message to fans after confirming his departure from the company. The 53-year-old, whose real name is Ron Killings, took to social media on Sunday to share the emotional news — just a week after sharing the ring with John Cena in what may now prove to be his final WWE appearance. 'I'm sorry to inform you all. I just got released from WWE,' he tweeted. 'I want to thank WWE for the ride, but MOSTLY I want to thank each and EVERYONE OF YOU who was along for the ride. Thank you for all the love, support, and appreciation you have given me over the years. Thank you.' Truth's release comes amid a sweeping talent cull at WWE, with the likes of Sonya Deville, Braun Strowman and Shayna Baszler also let go in recent weeks. In total, 28 superstars have now been released since the start of 2025. Known for his razor-sharp comedic timing and crowd-pleasing charisma, R-Truth leaves behind one of the most unique legacies in modern wrestling. He first joined WWE in 1999 under the name K-Kwik and went on to capture a host of titles. That included multiple reigns as United States Champion and Tag Team Champion, as well as an astonishing 54 runs as 24/7 Champion. After a stint away from WWE in the early 2000s — during which he found success in TNA Wrestling — Truth returned to Vince McMahon's promotion in 2008 and remained a firm fan favourite ever since. While often cast in light-hearted or comedic roles, his energy, timing and longevity earned him respect both in the locker room and from audiences worldwide. Tributes from fans and fellow performers have poured in following news of his exit. WWE Hall of Famer Road Dogg wrote: 'I am heartbroken. It's the nature of the beast; the part of the business that no one likes but the bean counters. I love Ron the Truth Killings and I don't care who knows it. WHAT A RUN!' Former Women's Champion Rhea Ripley added: 'In all seriousness, this is literally so heartbreaking… Thank you, Truth.' WWE has yet to release an official statement, so it remains unclear whether Truth's contract was terminated or simply not renewed.
Time of India
3 days ago
- Business
- Time of India
Will Vince McMahon buy back WWE? Legal hurdles and speculation mount
Image via WWE The wrestling world was sent into a frenzy earlier this week following rumors that Vince McMahon , the former CEO of WWE , was considering buying back the company from TKO Group Holdings. The claims first surfaced on a podcast hosted by ex-WWE broadcaster Jonathan Coachman and quickly gained traction across social media platforms and wrestling news sites. However, multiple reputable sources have since dismissed the possibility as nothing more than speculation. Industry insiders and financial experts have weighed in, pointing out the many obstacles McMahon would face in attempting such a move. Sean Ross Sapp of Fightful Select provided a detailed breakdown of the situation, firmly stating that McMahon does not have the financial means or corporate leverage to regain control of WWE. 'McMahon would almost certainly not have the financial means at this point to purchase the company,' Sapp wrote. 'He doesn't have the ability to buy back a controlling interest.' Though McMahon still holds a stake in TKO Group Holdings, it is reportedly comparable to that of other major investors such as the Vanguard Group. The majority ownership lies with corporate giants Endeavor, Silver Lake Equity Partners, and Egon Durban, who together control over 60% of the company. Legal troubles cloud the horizon McMahon's ongoing legal challenges further diminish any chances of a business comeback. He remains embroiled in a sexual misconduct lawsuit filed by former WWE employee Janel Grant, alleging serious accusations. Recently, John Laurinaitis, a former WWE executive also named in the lawsuit, was dropped as a defendant after agreeing to provide evidence against McMahon. This development adds to the legal pressure on McMahon and complicates any potential plans he might have to re-enter WWE's management or ownership. Since McMahon officially stepped down from WWE in early 2024, the company has continued to flourish. Under the creative and operational leadership of Paul 'Triple H' Levesque and TKO's management, WWE has reported record-breaking numbers in live event attendance, viewership ratings, and merchandise sales. The market valuation of WWE has also risen significantly since the acquisition, making the prospect of McMahon buying back the company a steep financial mountain to climb. Despite expert reports debunking the buyback rumors, discussions about a Vince McMahon return persist among wrestling fans and industry watchers. While his legendary role in shaping WWE's history fuels speculation, insiders maintain that the doors to WWE ownership are firmly closed to the former chairman - at least for now.
Daily Mail
3 days ago
- Entertainment
- Daily Mail
Ex-WWE Chairman 'Vince McMahon wants to buy back the company' - just one year after sex trafficking lawsuit led him to resign - but would TKO sell back to him?
Recent reports have suggested Vince McMahon wants to buy back the WWE from TKO. The former chairman resigned from the company in January 2024 following a lawsuit filed by ex-employee Janel Grant, alleging sexual harassment and trafficking. Since leaving, McMahon has been selling off his shares in the company, and is believed to have made over $1.5billion (£1.1bn) from these sales. TKO President Mark Shapiro has previously insisted that McMahon will not return to the WWE and that he has no internal contact with the company. He said in March 2024: 'We're not in conversations with him [McMahon]. We don't know his motives, his plans or his timeline. 'He doesn't work for the company, doesn't come into the office and he's not coming back to the company. And that's where we sit.' And it seems TKO have double down on their stance, as a new report from PWN Reports has claimed that the company still have no interest in selling to McMahon. In fact, WWE insiders reportedly view the notion of McMahon returning as laughable, considering the heinous nature of the allegations made towards him. A post on X read: 'I was given word that TKO is not interested in selling off #WWE. And the source I spoke with chuckled at the thought of Vince purchasing it back. 'It's very possible he may feel like he wants it back, but seems very unlikely at this point since WWE is not for sale.' Part of Grant's 67-page lawsuit accused McMahon of pressuring her for sexual relations in exchange for her job. McMahon allegedly 'greeted her in his underwear, touched her, repeatedly asked for hugs, and spent hour sharing intimate details about his personal life'. Once employed, Grant alleged that McMahon and John Laurinaitis, who served as head of talent relations for the WWE, sexually assaulted her 'while colleagues were busy at their desks.' Her allegations include that McMahon and Laurinaitis locked her in a room at the WWE's Stamford, Connecticut headquarters in June of 2021 and took turns sexually assaulting during the work day. The married McMahon is additionally accused of trafficking Grant to other men, forcing her to perform sex acts 'on demand' and sharing nude photographs of the plaintiff. In one alleged text message from 2020, he is accused of sharing a photo of her with others and writing: 'She may scream and try to say NO!!although it would B difficult to say anything with a c*** down her throat.' Another message allegedly sent by McMahon to Grant a month earlier read: 'I'm the only one who owns U and controls who I want to f*** U.' A spokesperson for McMahon stated after Grant's allegations: 'This lawsuit is replete with lies, obscene made-up instances that never occurred, and a vindictive distortion of the truth. He [McMahon] will vigorously defend himself.'
Time of India
4 days ago
- Business
- Time of India
Vince McMahon's net worth in 2025, current source of income, life after WWE, and more
(Image via WWE) Vince McMahon, the former CEO of WWE and executive chairman of TKO, is one of the celebrated figures of WWE. The former chief of the Stamford-based promotion served as a promoter, commentator, film producer, and sometimes even stepped into the ring himself. McMahon's journey with WWE began as a commentator during the 1970s. He has immensely contributed to American professional wrestling and made WWE a popular household name. Though McMahon has been one of the celebrated figures of the company, he has landed himself in many controversies, too, including Janel Grant's lawsuit, where he was accused of sexual misconduct, including a coerced sexual relationship, sex trafficking, and repeated sexual assault. Let's take a look at his WWE journey so far, his net worth, source of income, and more. Vince McMahon's net worth in 2025 According to Forbes, Vince McMahon's net worth in 2025 is estimated at $3 billion. It is believed that the former WWE Chief has amassed such a fortune due to McMahon unloading a lot of stock in recent years. He mainly earns from his TKO Holdings and also owns his independent entertainment company, Alpha Entertainment. Courtesy to his huge wealth, Vince enjoys an equally luxurious lifestyle, with his lavish mansions and noteworthy car collections. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Vince McMahon's source of income Reports suggest that Vince McMahon has more than $670 million worth of TKO Holdings shares in 2023. It is to be noted that TKO Holdings is the new brand name for the combined WWE and Ultimate Fighting Championship. In March 2024, he again sold off a slew of TKO shares for $412 million. Not long after, in early April 2024, he sold off $311 million worth of stock, followed by the final sale later that same month through which he earned $776 million for his last remaining TKO shares, meaning McMahon is no longer officially associated with the WWE. However, some rumors suggest that Vince McMahon might be currently earning from the shares of WWE and the TKO group that he may still be holding. Vince McMahon's life after WWE Vince McMahon 's life after WWE became tumultuous. His career ended after allegations of sexual misconduct and infidelity surfaced. He reportedly used nearly $19.6 million in company funds for settlements to suppress these claims. The latest complaint has come from Janel Grant , who has filed a complaint against McMahon of 'physical and emotional abuse, sexual assault, and trafficking. Janel Grant has filed a lawsuit against WWE and John Laurinaitis. Though Laurinaitis has been removed in the new filing submitted on May 28, 2025, Vince McMahon remains a defendant. Meanwhile, his former co-defendant has agreed to provide substantial evidence to Grant's legal team, related to the case. Also Read : Vince McMahon's Scandalous Affairs: The Untold Story of Infidelity and Misconduct | WWE News - Times of India With this development, it will now be interesting to witness where this case takes McMahon further, after Laurinaitis provides evidence as part of the confidential settlement. Get IPL 2025 match schedules , squads , points table , and live scores for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Check the latest IPL Orange Cap and Purple Cap standings.
News.com.au
4 days ago
- Business
- News.com.au
Vince McMahon's co-defendant agrees secret deal to flip on former WWE boss amid sex trafficking lawsuit
A former WWE executive accused of sex trafficking in a bombshell lawsuit involving Vince McMahon reached a confidential settlement — and will now snitch on the pro wrestling mogul, according to lawyers in the bombshell case. John Laurinaitis, WWE's former head of talent relations, was a co-defendant in a lawsuit filed by ex-WWE employee Janel Grant that alleges he and McMahon subjected her to years of sexual abuse and coercion, the New York Post reports. Watch the biggest Aussie sports & the best from overseas LIVE on Kayo Sports | New to Kayo? Get your first month for just $1. Limited time offer. The stunning about-face was revealed Wednesday in a joint statement issued by representatives for Laurinaitis and Grant. 'John Laurinaitis has agreed to co-operate and provide evidence in Janel Grant's lawsuit against Vince McMahon and WWE,' the statement said. 'His agreement to a confidential settlement is a pivotal next step toward holding McMahon and WWE accountable and bringing justice to Ms. Grant after years of sexual abuse and trafficking.' 'Mr Laurinaitis looks forward to moving on with his life,' the statement added. Grant's civil lawsuit, filed in January 2024 in federal court in Connecticut, contains graphic allegations against both McMahon and Laurinaitis, accusing them of grooming, coercing, and sexually abusing her during her time as a paralegal at WWE. The complaint claims McMahon forced Grant to perform sex acts 'on demand,' to send him nude photographs daily, and to engage in non-consensual sexual encounters — some allegedly orchestrated to benefit WWE business negotiations. Grant also alleges she was 'passed' to Laurinaitis and that he engaged in similar abuse. The agreement with Laurinaitis voluntarily dismisses her claims against him 'with prejudice' — meaning the claims cannot be refiled — and likely signals that a confidential settlement was reached, according to former federal prosecutor Neama Rahmani. '[This is] potentially bad news for McMahon,' the legal analyst told The Post. 'What you want to do in any type of case is co-operate your less culpable defendant against your main target. You want people to testify against your main defendant — whether it's Sean 'Diddy' Combs or, in this case, Vince McMahon.' However, Rahmani noted that it remains unclear what Laurinaitis knows or is prepared to share. 'It's really tough to know until a case proceeds to trial or there's some filing that references co-operation in the statement,' he said. McMahon — who built the WWE into a multi-billion dollar business before selling it to UFC parent company Endeavor Group Holdings in 2023 — stepped down from overseeing day-to-day operations shortly after the lawsuit was filed. Endeavor merged UFC and WWE into the publicly traded company TKO Group Holdings. Jessica Rosenberg, attorney for Vince McMahon, said in a statement: 'Today's dismissal of John Laurinaitis as a defendant doesn't alter the facts of this case in any way. Vince McMahon never mistreated Janel Grant. No matter how many press releases her team issues, the truth remains unchanged. As Mr. Laurinaitis's lawyer previously said: 'Mr. Laurinaitis corroborates Mr. McMahon in publicly declaring that Ms. Grant's allegations of sexual abuse and coercion in her Complaint are completely unfounded.'' The Post reached out to WWE and TKO for comment. McMahon has previously denied all allegations, with a spokesperson calling the suit 'replete with lies, obscene made-up instances that never occurred, and a vindictive distortion of the truth.' TKO had said the allegations predate its current executive leadership and that it is reviewing the matter internally. In the lawsuit, Grant also challenges the validity of a nondisclosure agreement she signed in 2022, under which McMahon agreed to pay her $1 million ($1.56m AUD) upfront and $500,000 ($780,000 AUD) annually through 2026. She claims McMahon ceased payments and argues the NDA is unenforceable under the federal Speak Out Act. The civil case poses a serious threat to McMahon's legacy and financial empire, as WWE continues to finalise media deals and expands its global reach under TKO.
