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Vince McMahon resigns as chairman of TKO Group

His resignation comes a day after a former WWE employee accused him of serious sexual abuse and misconduct in a lawsuit.

NEW YORK — Wrestling icon Vince McMahon resigned Friday from WWE's parent company, TKO Group, the day after a former employee filed a federal lawsuit accusing him and another former executive of serious sexual misconduct, including offering her to a star wrestler for sex.

McMahon stepped down from the board of directors at WWE’s parent company, TKO Group, according to a statement released late Friday. He continued to deny wrongdoing following the lawsuit filed by Janel Grant, who worked in the company’s legal and talent departments.

The suit includes allegations that McMahon, now 78, forced Grant into a sexual relationship in order for her to get and keep a job and passed around pornographic pictures and videos of her to other men, including other WWE employees.

“I stand by my prior statement that Ms. Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth,” he said in the statement. “I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name.”

McMahon previously stepped down as WWE’s CEO in 2022 amid an investigation into allegations that match those in the lawsuit, which was filed in U.S. District Court in Connecticut, where WWE is based. The AP typically does not name accusers in sexual assault cases, but Grant’s representatives said she wished to go public.

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