Vince McMahon has resigned from sports entertainment company TKO Group effective immediately amid sexual misconduct allegations against him which he has denied. McMahon, 78, made the announcement Friday that he would step away from his dual roles as TKO Executive Chairman and on the TKO Board of Directors. TKO Group Holdings was formed when World Wrestling Entertainment merged with Endeavor's Ultimate Fighting Championship last April. McMahon stepped down from WWE in 2022 amid misconduct allegations. Vince McMahon resigns from TKO Group following sexual misconduct allegations originally appeared on abcnews.go.com

Source: ABC News January 27, 2024 04:30 UTC