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Vince McMahon has been the backbone of the biggest sports entertainment company in the world for 5 decades. While his actions and decisions have been in question along the way, people have agreed that he is a genius at what he does. But a recent allegation seems to have hindered his standing in the company as well as in the media.

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In June, there were reports that Vince McMahon had allegedly paid hush money to women in the past. The latest update from Wall Street Journal suggests the former WWE chairperson paid $12 Million in hush money to four women. Following this allegation, McMahon decided to step down from his role as chairperson and CEO of WWE.

Netflix’s Vince McMahon biopic is shutting down after allegations surfaced

Back in October 2020, Netflix announced a movie concerning Vince McMahon’s life and career in WWE. Since being announced, there have been no updates from Netflix about the movie. But a famous wrestling reporter, Denise Salcedo, has come out with the news that the movie will not be seeing a release date at all.

From her sources, the movie had been deep in post-production, but Netflix canceled the movie recently. One of the reasons for this decision could be the allegations that have surfaced. The sources say that they canceled the production after a lot of money was spent.

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Many fans pointed out that the successful show, The Dark Side of the Ring, could portray McMahon’s career more appropriately. Earlier this year, Chris Hemsworth, the actor playing Hulk Hogan in the WWE legend’s biopic, reported the movie is being pushed back. This is another WWE movie that Netflix announced.

The career of Vince McMahon

One of the people with the longest career in the wrestling industry, McMahon, is a legend. While his booking skills may not turn heads today, many consider him the best. His skills brought us legends like Hulk Hogan, John Cena, and Randy Orton, among others. But Vince is more than just a booker.

READ MORE: ‘Stone Cold’ Update on WWE Chairman Vince McMahon’s Netflix Documentary

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Being a 2-time champion and a winner of the Royal Rumble, the boss was a wrestler as well. His stint in the ’90s with Steve Austin and The Rock is peak wrestling.

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The audience still delivers a standing ovation whenever the former chairperson walks down the stage, as seen in his recent appearance. Let’s wait and see if he would continue to book iconic matches in the WWE in the future.