WWE Rumor Roundup: Former champion gone from WWE due to budget cuts, Vince McMahon's reaction to the major allegations on him, Major return to happen soon

Kevin Owens (left); Vince McMahon (right)
Kevin Owens (left); Vince McMahon (right)

Welcome to the latest edition of Sportskeeda Wrestling's daily Rumor Roundup, where we look at the top WWE rumors of the day.

There have been new allegations against Vince McMahon, and we have a report on how he has reacted to the most recent ones. A former champion has left the company due to budget cuts. Also, we have an update on a major star's return.

Without further ado, let's dive straight into the daily rumor roundup. Be sure to let us know your thoughts and reactions in the comments section below.


#3. Vince McMahon's reported reaction to major allegations

After the initial "hush money" deal allegations following which he stepped back as CEO of WWE, a new report from the Wall Street Journal has revealed more details. The article claims that Vince McMahon paid a sum of over $12 million to four women affiliated with the company to suppress public knowledge of his alleged sexual relationships.

While the wrestling world continues to react to the recent reports, Mr. McMahon is reportedly not much affected by the situation.

Dave Meltzer reported that things were normal at the latest taping of SmackDown, and McMahon was running creative as usual. He was also reportedly "no-selling everything" and "letting everyone know he's not blinking."

Recommended: Road Dogg & former WWE writer react to Vince McMahon stepping back from WWE

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#2. Reported update on the return of Kevin Owens

Former Universal Champion Kevin Owens has been out of action for a few weeks now due to an injury. He was initially slated to compete in a Money in the Bank qualifying match, but that didn't happen. As a result, fans have been wondering when KO will make his return.

During his appearance on the Sunday Night's Main Event podcast, Dave Meltzer noted that the former Universal Champion could be back in a few weeks. He added that the former champion was dealing with a minor injury.

"I know that he's fine. My impression is [he'll be back in] a few more weeks," said Dave Meltzer.

Kevin Owens main-evented Night One of WrestleMania 38 earlier this year against a returning Stone Cold Steve Austin. Following that, he started a highly entertaining feud against Ezekiel, the brother of Elias.

It remains to be seen what is in store for Owens when he returns to action.


#1. Two veterans are reportedly gone from WWE due to budget cuts

The budget cuts are unfortunately back again. According to a report from PWInsider, former Intercontinental Champion Curtis Axel and Ariya Daivari, who were working as producers for WWE on a probationary basis, are no longer being brought in due to budget cuts.

Their exits have reportedly caused other full-time producers to be overworked. This report was also backed by Fightful's Sean Ross Sapp.

Axel and Daivari have both been seen on-screen recently as backstage officials trying to break up fights between superstars on RAW and SmackDown.

It remains to be seen whether any other budget cuts are in line for the company in the near future.

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