Report: Vince McMahon pays $5 million to Donald Trump’s foundation

It was announced on June 15 Vince McMahon He was fired as WWE president after allegations that the businessman paid numerous bribes to cover up sexual assault and extramarital affairs. now, A new slab falls against McMahon.

According to information from Wall Street Journal, McMahon Paid $5 million between 2007 and 2009 to the defunct Donald Trump Foundation. Dissolved Donald J. Said the payments were made under the guise of donations to Trump; Distributions were made while the former president appeared at televised WWE events.

Before Variety He said 19.6 million dollars used by McMahon14.6 million in bribes and an additional five million unspecified. The report notes that the figure was a donation to Trump.

A WWE attorney spoke out The Wall Street Journal He promised that Those payments should be classified as business expenses Because McMahon was a major shareholder and the payments benefited the company.

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WWE is strong

Despite WWE’s issues with McMahon, Sportico reports that The company’s profits are increasing.

According to the special siteThe company reported a profit of $66.1 million in the first quarter of 2022. This represents a growth of 50.9% compared to the $43.8 million recorded in the same period in 2021.