initially hired the woman at a salary of $100,000 but increased it to $200,000 after beginning a sexual relationship with her.
The directors received a copy of the $3 million agreement from one of Mr. McMahon’s lawyers on Sunday, one person familiar with the inquiry said. The nondisclosure agreement provided an upfront payment of $1 million to the former employee, with the remaining $2 million to be doled out over a period of five years, people familiar with the deal said.
He used money from a publicly traded company under false pretenses.
He doubled her salary and apparently did payments in secret, the board was unaware.
https://archive.is/3I1c8
https://archive.is/CoK38