WWE Stars Face 50% Pay Cuts Amid Corporate Greed

In the weeks after WrestleMania, WWE released over 20 wrestlers and then pushed others, like Kofi Kingston and Xavier Woods, to accept up to 50% pay cuts or be released. Both stars opted to depart rather than reduce their salaries. Veteran reporter Dave Meltzer reports some talent accepted the ultimatum and signed new, lower contracts.

Meanwhile, TKO executives have seen massive pay rises—Ari Emanuel’s salary jumped from $18 M to $67 M, Mark Shapiro’s from $32 M to $43 M, and Nick Khan’s from $6 M to $24 M—highlighting a stark contrast between corporate gains and talent compensation. blablasex.es