Due to the WWE having its quarterly SEC filings on Wednesday the company reported that Federal agents issued and executed a search warrant on McMahon. The Feds also hit McMahon with a federal grand jury subpoena.
WWE CEO and Chairman Vince McMahon is being investigated by the company's board for allegedly paying $3 million to a former employee to cover up an alleged affair he had with her.
WWE founder Vince McMahon attempted to compete with the NFL in 2001 when he created the XFL. It failed miserably. Could it work today? McMahon is bringing it back.