• Vince McMahon’s Hush Money Investigation Is Complete
WWE is reporting that the Vince McMahon hush-money investigation is complete.
Below is the statement that they issued in their press release for their 3rd quarter results:
“As previously announced, a Special Committee of independent members of the Board of Directors was formed to investigate alleged misconduct by Vincent K. McMahon, the Company’s former Chairman and Chief Executive Officer, who resigned from all positions held with the Company on July 22, 2022 but remains a stockholder with a controlling interest, and another executive, who is also no longer with the Company.
The Special Committee investigation is now complete and the Special Committee has been disbanded. Management is working with the Board to implement the recommendations of the Special Committee related to the investigation.
For the three and nine-month periods ended September 30, 2022, the Company’s consolidated pre-tax results include the impact of $17.7 million and $19.4 million, respectively, associated with certain costs related to the investigation.”
According to Brandon Thurston, the cost of this investigation was $19.4 million, which is separate from Vince’s unrecorded payments of $19.6 million over the years.
WATCH: Vince McMahon Kisses Candice Michelle (Part 1):
• ON THIS DAY IN WWF HISTORY (November 2, 1985) – WWF Championship Wrestling
On this day in 1985, the World Wrestling Federation aired another episode of their weekly TV show ‘WWF Championship Wrestling’.
This episode was pre-taped at the Mid-Hudson Civic Center in Poughkeepsie, New York and featured matches & interviews on the road to the “WWF The Wrestling Classic” PPV.
You can find the card below:
The Junkyard Dog, Ricky Steamboat & King Tonga vs. Rusty Brooks, Jim Haley & Mr. X
Don Muraco vs. Rick Hunter
Pedro Morales & Tito Santana vs. Jerry Adams & Terry Gibbs
Randy “Macho Man” Savage vs. Jim Powers
The Killer Bees vs. Steve Lombardi & Joe Mirto
“Rowdy” Roddy Piper vs. Rick McGraw