TKO Group issued a statement which was sent to various media outlets following the lawsuit filed against Vince McMahon, John Laurinaitis, and WWE over sexual abuse and sex trafficking by former WWE employee Janel Grant.
“Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE,” a TKO spokesperson said. “While this matter pre-dates our TKO executive team’s tenure at the company, we take Ms. Grant’s horrific allegations very seriously and are addressing this matter internally.”
McMahon is the Chairman of TKO Group but Endeavor people outnumber those of WWE on the Board of Directors which could lead to McMahon being ousted, although there could be some clause in McMahon’s deal that would require a large payout if that happens.
He was subsequently removed from WWE creative completely by Endeavor CEO Ari Emanuel and day-to-day operations were assigned to Nick Khan.
