I just had to look this up and see that it's a legit story. The story I read that there was a payoff to a former WWE employee - she's not talent, she's in fact a paralegal - who's had an alleged affair with McMahon. Anyway so now the WWE board of directors is looking into it.
So the more I look at this story I began to wonder if someone is trying to push McMahon out of his own company. I just see this as a logical play in this. Of course let me remind you all that WWE is a publicly traded company, however, the McMahon family owns a majority of the voting shares. They will continue to own the company unless someone decides to sell out.
Wait could this be why someone wants the longtime Chairman out of the company so that they can eventually sell out. Since I follow wrestling news frequently there are always reports that someone may buy the company. Perhaps another media company especially since networks like USA Network or FOX for example are willing to pay millions for WWE programming.
Well let's just see how this investigation unfolds.
Does anyone have their own thoughts about this?
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