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In a shocking turn of events, Vince McMahon decided to pull away from his role in the Stamford-based company a few minutes ago.

As odd as it may sound, after spending decades at the helm of his family business, McMahon set off for a permanent retirement. He officially signed off from his current role as the Executive Chairman of TKO

I wanted to inform you that Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors. He will no longer have a role with TKO Group Holdings or WWE.’ ‘ WWE president and TKO board member Nick Khan spilled the bombshell news via an email.

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The announcement comes hours after Slim Jim announced that it was pulling out of its promotional agreement with WWE.

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Stay tuned for more updates.