"Vince McMahon Steps Down Amid Shocking Allegations: The End of an Era for WWE/UFC"

Vince McMahon has resigned from his role as executive chairman of TKO Group Holdings, the parent company of WWE and UFC, amid allegations of rape, assault, and sex trafficking. The resignation comes after former WWE employee Janel Grant filed a lawsuit accusing McMahon of coercing her into a sexual relationship, sharing naked images of her with senior WWE staffers, and forcing her into group sex situations. McMahon denied the claims but announced his resignation out of respect for the company and its stakeholders. This isn't the first time McMahon has faced sexual misconduct accusations, and the lawsuit comes at a pivotal time for TKO, which recently announced a $5 billion deal with Netflix.