Vince McMahon agreed to pay $1.7 million to settle Securities and Exchange Commission charges over settlements he made on behalf of himself and World Wrestling Entertainment without properly disclosing them to the company’s board of directors,

Vince McMahon, who left his longtime perch at WWE under a cloud last year, is paying more than $1.7 million to settle charges from the SEC alleging he failed to disclose hush money payments to two women.

The Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to the sports entertainment company's board and others that he signed two settlement agreements worth $10.