Vince McMahon, longtime WWE chief and personality, is retiring. McMahon announced the news on Friday.
“At 77, time for me to retire. Thank you, WWE Universe,” McMahon tweeted. “Then. Now. Forever. Together.”
His retirement comes after he stepped down in June over a handful of sexual misconduct allegations. He also paid upwards of $12 million to four women over the last 16 years in an effort to keep allegations from going public, the Wall Street Journal reported earlier this month.
“Most importantly, I would like to thank our fans for allowing us into your homes every week and being your choice of entertainment. I hold the deepest appreciation and admiration for our generations of fans all over the world who have liked, currently like, and sometimes even love our form of Sports Entertainment.”
Earlier this summer, the WWE board began investigating McMahon after it came to light that he paid $3 million in hush money to keep an affair with a former employee quiet.
His daughter Stephanie McMahon assumed the duties of interim CEO and board chairman.