Vince McMahon announces retirement from WWE amid scandal

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Vince McMahon, who recently Step down as CEO of WWE Following the allegations of misconduct, has announced his retirement from WWE.

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“As I turn 77, I think it’s time for me to retire as President and CEO of WWE,” McMahon said in a statement.

“Throughout the years, WWE has been fortunate to help you delight, inspire you, thrill you, surprise you, and always entertain you. I would like to thank my family for making powerful contributions to our success And I would also like to thank all our past and present superstars and employees for their dedication and passion for our brand. Most importantly, I would like to encourage my fans to visit your homes and entertain us every week. I want to thank you for being the choice.

This is a breaking news story. Check back for updates.