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Vince McMahon served as the Chairman of WWE for several decades, maintaining a firm grip on the company. However, his leadership style has been regularly criticized, with instances of erratic and disturbing behavior reported over the years. There is also speculation that his resignation was largely due to Slim Jim.
The former Executive Chairman of WWE no longer holds control over the company after the merger of WWE and UFC into the TKO Holdings Group. Despite stepping down, he continues to make headlines, often for controversial reasons.
Also read:“Never seen anything like this”: Cody Rhodes Stresses WWE is a Family Amid Vince McMahon S*x Trafficking Lawsuit
Slim Jim’s Role In Vince McMahon’s Resignation
WWE initially revealed its collaboration with Slim Jim in August 2023, officially launching the partnership at the Summerslam event. However, in light of Vince McMahon’s allegations, Slim Jim previously decided to pause their relationship with WWE for the foreseeable future.
Therefore, it is very evident that Slim Jim might have played a role in Vince McMahon’s resignation, as WWE and TKO clearly wanted to keep working with Slim Jim for future Premium Live Events.
Also read:Vince McMahon’s Resignation After Janel Grant’s Lawsuit Marks the End of McMahon Family’s Reign in WWE After 74 Years
Vince McMahon’s Statement After TKO Resignation
Deadlinereported that Vince McMahon commented on his sudden resignation from TKO Group Holdings, citing a detailed se*ual assault lawsuit filed by former WWE employee Janel Grant earlier this week as the reason.
“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. I intend to vigorously defend myself against these baseless accusations and look forward to clearing my name.”
Also read:Will Dwayne Johnson Return to WWE Wrestlemania After Vince McMahon-Janel Grant’s S*x Trafficking Lawsuit?
He then explained the reason behind the resignation:
“However, 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.”
Vince McMahon’s representative assured theoutletthat the WWE founder will vigorously defend himself in court. Janel Grant’s lawsuit is seeking monetary damages and the nullification of the nondisclosure agreement she was compelled to sign during her time with WWE.
Subhojeet Mookherjee
Articles Published :499
Subhojeet Mookherjee is a Freelance Entertainment Writer for FandomWire. A lover and expert in all things movies, games, TV shows, music and more. I’ve been in the writing business for over five years now, covering various topics all over the world. I love engaging in deep conversations with like-minded people.
