Steve Carrier on February 25, 2026
TKO’s latest SEC filing didn’t just outline revenue figures — it also provided new financial details about Vince McMahon and his monetary ties to WWE following the board investigation that ultimately led to his exit.
According to the filing, McMahon has reimbursed WWE more than $12 million in connection with the Special Committee investigation that examined alleged misconduct and preceded the lawsuit filed by Janel Grant, as well as his resignation after the TKO merger.
The company formally disclosed McMahon’s prior control and financial obligations.
“Vincent K. McMahon, who served as Executive Chair of the Company’s Board of Directors until January 26, 2024, previously controlled a significant portion of the voting interests of the issued and outstanding shares of the Company’s common stock.”
The filing explains that McMahon agreed to make certain payments personally and that those payments are accounted for under SEC guidelines. WWE clarified how those payments are treated financially.
“Mr. McMahon has agreed to make future payments to certain counterparties personally.”
“These payments are considered non-cash capital contributions and are included as a component of principal stockholder contributions in our consolidated statements of stockholders’ equity/net parent investment.”
In connection with WWE’s acquisition under TKO, the company assumed $3.5 million in liabilities tied to future payments owed by McMahon. During 2023, WWE recorded $3.5 million in expenses related to payments he made directly to certain counterparties. The filing also detailed payments tied to WWE’s global headquarters lease.
“During the year ended December 31, 2023, the Company recorded .5 million of costs associated with payments made directly by Mr. McMahon related to WWE’s global headquarters lease.”
Most notably, the filing confirmed reimbursement totals tied directly to the Special Committee investigation.
“In connection with and/or arising from the investigation conducted by a Special Committee of the former WWE board of directors, Mr. McMahon has agreed to reimburse the Company for additional costs incurred.”
“During the years ended December 31, 2024 and 2023, Mr. McMahon reimbursed the Company .4 million and .8 million, respectively.”
Combined, that totals $12.2 million reimbursed over two years in relation to investigation-related expenses.
The SEC filing frames these payments as capital contributions rather than traditional operating transactions, reflecting McMahon’s prior controlling ownership position.
While WWE reported strong financial performance in its earnings release, the legal and financial fallout from the McMahon investigation continues to surface in official filings.
Do you think these reimbursements close the chapter financially on the Vince McMahon investigation, or could more disclosures still emerge? Share your thoughts below.
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