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WWE Finds More “Unrecorded Expenses” By Vince McMahon For A Total Near $20M - Deadline

WWE Finds More “Unrecorded Expenses” By Vince McMahon For A Total Near $20M - Deadline

WWE Finds More “Unrecorded Expenses” By Vince McMahon For A Total Near $20M - Deadline
Aug 10, 2022 24 secs

Last month — WWE noted in an SEC filing today — it determined that certain payments McMahon made from 2006 through 2022 (including amounts paid and payable in the future totaling $14.6 million) “were not appropriately recorded as expenses in the company’s consolidated financial statements.

Since then, it also found two additional payments totaling $5 million, unrelated to the allegations that led to the Special Committee investigation, that McMahon made in 2007 and 2009, and that should have been recorded in the Company’s consolidated financial statements.”.

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