WWE’s post–WrestleMania 42 roster cuts have already sparked concern about job security, and a new report suggests that the situation may go even further. According to multiple sources, TKO Group Holdings is actively approaching certain talent about restructuring their deals to include pay reductions.
During a Q&A session, WrestleVotes was asked whether contract restructuring factored into The New Day’s decision to leave — and if similar situations are happening elsewhere. The report states,
“Yeah, absolutely. It’s going on, and it will continue to go on. They’re going to approach every single person they feel like they can about taking less money — that’s just the business we’re in right now with TKO. Does that mean they’re going to ask Roman Reigns to take a few million dollars less? No. But when you get down the roster and you see guys like The New Day, JC Mateo, and people who fit that mold — people that are making a lot of money and not seen on TV too often — they’re going to ask you to take less [to keep your job]. Yes, that’s true.”
As for Mike Johnson’s report about a notable performer agreeing to a 50% pay cut, Dave Meltzer has confirmed that the situation is legitimate, though the individual in question is not considered a “tippy top star.” While some top talent have received slight raises, others (The New Day in particular) have been approached about reductions, reinforcing the idea that WWE and TKO have a clearly defined hierarchy — with top names remaining untouched while others are asked to adjust.
It basically comes down to this – if they ask you to take a pay cut and you don’t agree to it – you’re likely going to be released or phased out.
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