Last year, Vince McMahon announced his retirement from WWE in the wake of various sexual misconduct and hush money allegations emerging against him. His absence lasted a mere six months, however, as he forced his way back onto the company’s Board of Directors this past January and went on to play a key role in Endeavor’s acquisition of WWE throughout this year. Now, McMahon holds a significant role in TKO Group Holdings, the organization founded from the merger of WWE and Endeavor’s UFC, as its Executive Chairman.
The allegations also led to McMahon being issued a grand jury subpoena as part of a federal investigation into the sexual misconduct claims. When questioned about the allegations earlier this year, McMahon claimed to have “owned up” to all of the personal and professional mistakes he’s made in his career and also stated the allegations had nothing to do with WWE’s subsequent acquisition.
McMahon recently spoke to Fox News Digital about the 3,000+ square foot American flag that’s now flying at the top of WWE’s new headquarters in honor of Veterans Day. The 78-year-old spoke at length about the importance of the flag being one of the largest in the country, what it represents, and urged Americans to focus on those who have served and fought for their country year-round rather than just at this specific time of year.
The most interesting part of the interview, however, was completely unrelated to the flag or Veterans Day whatsoever. The outlet noted that they also asked McMahon for comment on the sexual misconduct allegations as well as the federal investigation he is subject to concerning the allegations. However, he refused to give any comment on the matter.
Earlier this week, Vince McMahon was listed as an official risk factor to the business of TKO Group Holdings. In an SEC filing issued on Tuesday, the Executive Chairman’s membership of the entity’s Board of Directors was noted as a potential risk due to the potential “change in the perceptions of our business partners” due to the investigation into McMahon and went on to add that he could also bring “negative publicity and/or have other adverse financial and operational impacts on our business.”