![]() As she begged them to stop, one of the men allegedly said to her, “No means yes.” The two men allegedly pulled Grant behind a locked door, forcibly restraining her. One disturbing incident in the lawsuit detailed an alleged sexual assault among Grant, McMahon and Laurinaitis that occurred at WWE’s headquarters in 2021. The deal valued the new company at over $21 billion, with WWE shareholders owning 49% of the combined company. McMahon had served on the board of TKO, which was officially formed in September when WWE merged with its competitor, UFC, owned by Hollywood power-broker Ari Emanuel’s Endeavor Group. ![]() She alleged that the special committee assigned to investigate McMahon never interviewed her or requested any documents, despite Grant’s alleged willingness to cooperate. Grant’s lawsuit raises questions about the culture at WWE, which she claims actively worked to conceal McMahon’s wrongdoing. The investigation was closed in November 2022 and McMahon returned to WWE’s board in January 2023. However, his retirement didn’t last long. At the time, WWE announced a special committee would investigate McMahon. He initially retired from his role as CEO and chairman of WWE in July 2022 amid allegations of sexual misconduct. McMahon’s exit marks another turning point for the wrestling entertainment company he created more than 40 years ago. On Thursday, after Grant’s allegations were made public in a lawsuit, the company said, “McMahon does not control TKO or oversee day-to-day operations at WWE.” “He will no longer have a role with TKO Group Holdings or WWE,” Khan wrote in his email. In an email to staff Friday, obtained by CNN, WWE President Nick Khan said simply that McMahon tendered his resignation from his executive chairmanship and board member positions. TKO, in an email to staff and in a statement to the press, addressed only McMahon’s job status with the company but did not discuss the specifics of the allegations. McMahon engaged in acts of “extreme cruelty and degradation” toward Grant during her time at WWE, the lawsuit alleged. Grant’s lawsuit also alleges that McMahon trafficked her to other men inside and outside the company, including John Laurinaitus, who worked in the company’s talent relations department and is also named as a defendant in the suit. In the lawsuit, Grant alleged that McMahon dangled a job offer at WWE – and later promotions – in exchange for sex. ![]() Reports that McMahon had paid out settlements to multiple women while serving as WWE’s CEO and chairman have been circulating since at least 2022, but the lawsuit, filed by Grant Thursday, sheds new light on the extent of McMahon’s alleged misconduct. “Out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately,” McMahon said in a statement. But, in a statement Friday, McMahon said that he has resigned. McMahon has denied the allegations, and said he is prepared to defend himself in court. The allegations came to light in a lawsuit filed by a former WWE staffer, Janel Grant, who worked at the headquarters of the wrestling behemoth McMahon founded. ![]() Vince McMahon has resigned from his role as executive chairman of TKO, the parent company of WWE, following disturbing allegations of sexual assault, trafficking and physical abuse. ![]()
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