wrestling / News

WWE Telling Talent That New Contracts Will Include Pay Increases

January 25, 2019 | Posted by Jeremy Thomas
Vince McMahon WWE Raw XFL, Bruce Prichard Wrestlemania Image Credit: WWE

– WWE is reportedly telling talent that new contracts will include substantial pay increases after the new TV deals start later this year. The WON reports that talent is being told that the new contracts will be “way up” once Smackdown moves to Fox and the new Raw/USA Network deal begins in October.

The reason for the increase is that with the business changing from a house show and PPV-driven business to a TV rights-driven profit model, the old ways no longer make sense. There has been discussion of the contracts being more of a typical sports-style contract where you are signed for a regular figure and anything you earn above that is a bonus or contracted merchandise percentage.

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WWE, Jeremy Thomas