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Tribune News Service
Tribune News Service
Business
Jessica Schladebeck

Vince McMahon reimburses WWE $17.4 million for investigation into misconduct allegations

Vince McMahon has footed the $17.4 million bill for the WWE’s investigation into the misconduct allegations raised against him, which triggered his brief retirement.

The wrestling executive reimbursed the sports entertainment company on Thursday for all costs associated with the probe through Jan. 31, according to an SEC filing by the WWE on Friday. McMahon has said he will also cover any costs incurred by the investigation subsequent to that date.

McMahon — credited with turning the WWE into an entertainment and pop culture powerhouse — voluntarily stepped away from his empire in June, after the Wall Street Journal published a report about alleged hush money payments he made as CEO.

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