McMahon, 77, stepped down as the company’s longtime chairman and CEO last June, following an internal investigation into an alleged affair he had with a former company paralegal, who reportedly received $3 million in hush money in January.
A company committee appointed McMahon’s daughter, Stephanie McMahon, to serve as interim CEO, although she later resigned, handing it over to CEO Nick Khan.
Earlier this month, Vince McMahon returned to the company as the board’s executive chairman, while his son-in-law, Paul Levesque—better known by the ring name Triple H—serves as its chief content officer.
Rumors had circulated earlier this month that WWE was considering a sale to Saudi Arabia’s sovereign wealth fund that would take the company private, although sources at WWE quickly denied those rumors as unsubstantiated.