Since this time last year, the WWE has been through a whirlwind of changes, firings, re-hirings, and just overall change or turmoil depending on how you look at it. Last year around this time Vince McMahon stepped down from the WWE due to allegations of sexual misconduct and reports of McMahon paying over 12 million dollars in hush money to four women.

Well, due to the WWE having its quarterly SEC filings, on Wednesday the company reported that Federal agents issued and executed a search warrant on McMahon. The Feds also hit McMahon with a federal grand jury subpoena.

On July 17, 2023, federal law enforcement agents executed a search warrant and served a federal grand jury subpoena on Vince McMahon. No charges have been brought in these investigations.

– per WWE’s Q2 filing today pic.twitter.com/FdcGAxTTJJ

— Wrestle Ops (@WrestleOps) August 2, 2023

Vince McMahon has given a statement claiming his innocence and that the federal agents will not find anything during their investigation. WWE’s CEO Nick Khan also stated that the WWE is fully cooperative in the government’s investigation but he wouldn’t comment any further.

"On July 17, 2023, federal law enforcement agents executed a search warrant and served a federal grand jury subpoena on Mr. McMahon. No charges have been brought in these investigations."

No charges have been brought in these investigations.
 
Below are statements from both VKM…

— Sean Ross Sapp of Fightful.com (@SeanRossSapp) August 2, 2023

Per WWE's earnings report, on July 17th, law enforcement agents executed a search warrant and served a federal grand jury subpoena on Vince McMahon. When asked about this during today's earnings call, Nick Khan said WWE had no comment, but would assist in any investigations.

— Jason Solomon (@solomonster) August 2, 2023

The results of this investigation, when the government is finished, will be interesting. Will the results lead to McMahon being terminated from WWE, potentially jail time, or will it affect the finalization of the WWE’s sale to Endeavor? As of now, McMahon is on leave from WWE due to major spinal surgery; however, he still remains the Executive Chairman of WWE.

Vince McMahon on medical leave from #WWE “until further notice” following major spinal surgery https://t.co/eV0SB5gMNC pic.twitter.com/yx2hd3FV3e

— NoDQ.com: WWE and AEW news (@nodqdotcom) August 2, 2023

Quite frankly unless McMahon is in jail or dies he will remain the WWE’s Executive Chairman. One would’ve believed that after the sale of the company to Endeavor McMahon would’ve retired and left the duties of running the company to Stephanie Mchamon and Paul “Triple H” Levesque. But after the company went on to do better across the board with ticket sales, merch sales, and tv ratings when Vince McMahon initially left Mchamon didn’t take that well. Thus forced his way back into the company. Resulting in Stephanie McMahon leaving the company entirely. The hierarchy in the WWE reminds me of the HBO show Succession. And as more continues to happen we see the struggle of power continue.