WWE CUTTING 20 MILLION DOLLARS
When WWE stocks tanked really badly earlier this year, there were rumors floating around that Vince McMahon wanted his company to cut approximately $20 million in spending. That number has now been confirmed. No word yet on how close WWE has gotten to that goal, but the release of several performers from their contracts helped out quite a bit. More wrestlers could be let go in the near future to get closer to the $20 million mark.
July 7, 2014
During an interview with Primera Noticias, Alberto Del Rio revealed some details about his release from WWE. He stated that while Vince McMahon did admonish him, he was also told to go back to work. Del Rio found out the following day that he was then given a suspension. Shortly afterwards, Triple H called and told him that he was being fired instead of just suspended.
August 18, 2014
Apparently, there is a deal in place where the wrestlers are supposed to receive a portion of the money made from the WWE Network. No word yet on how big of a percentage that Vince McMahon is giving out. Unfortunately for the performers, though, no money is being paid out right now because the online service is losing a ton of money and forcing the company to release employees left and right.
August 15, 2014
When Mark Yeaton was given a release from WWE, many assumed that it was because the company was just trying to save money. However, speculations are now arising that there might have been more to it. Yeaton, who has worked with the company for approximately three decades, was close with Kevin Dunn. Triple H and Dunn are reportedly locked in a power struggle backstage to see who can sway Vince McMahon the most.
August 10, 2014
Mark Yeaton has been released by WWE. You probably cannot pick him out of a police lineup, but you're very much familiar with his work. He has been the timekeeper for the company for a very long time. His release has caused some fans to complain, despite it being common knowledge that Vince McMahon needs to cut back on their expenses. Yeaton was also in charge of maintaining the ring.
August 7, 2014
While morale is really low backstage due to the recent and severe drop in royalty checks, WWE performers are not speaking out on the matter because they are afraid of Vince McMahon. Many saw what happened to JTG when he voiced his opinion about low pay per view bonus checks. The former Cryme Tyme member was buried for more than a year and recently was given a release form his contract.
July 14, 2014
When WWE stocks tanked really badly earlier this year, there were rumors floating around that Vince McMahon wanted his company to cut approximately $20 million in spending. That number has now been confirmed. No word yet on how close WWE has gotten to that goal, but the release of several performers from their contracts helped out quite a bit. More wrestlers could be let go in the near future to get closer to the $20 million mark.
July 7, 2014
Since the company has been undergoing budget cuts, a lot of things are changing in WWE. In addition to several long time performers being given a release from their contract, Vince McMahon and company have also scaled things back on the WWE Network. Tough Enough has been pushed back, and there might not be a second season of Legends House. At one point in time, it was a certainty that the show would be receiving another season.
July 6, 2014
A day after she was arrested for shoplifting, WWE has released Emma from her contract. There were those in the company that believed that she would be allowed to ride out the storm because the item stolen was not very expensive, but it turns out that Vince McMahon and company needed to make an example of her. Since she was not very high up on the card, it was easier for WWE to release her.
July 2, 2014
As many of you already know by now, Drew McIntyre, who was once viewed as a future world champion in WWE by both Vince McMahon and the fans, received his release from the company earlier this month. The talented and underrated performer will now be forced to use a different name if he wishes to continue in the professional wrestling industry because WWE owns the trademark. The belief is that he will wrestle under his real name for the time being.
June 20, 2014
After suffering a massive drop a couple of weeks ago, WWE stock started rising this past week. Many within the company attribute that to the release of several wrestlers. That has caused a lot of fear backstage because performers feel that Vince McMahon could take that as a sign for him to release several more people. Rumors are circulating that a lot of developmental wrestlers will be released soon.
June 17, 2014
There was a point in time where fans viewed Drew McIntyre as a future world champion in WWE. The praise began when Vince McMahon himself went on television and declared that McIntyre was a future star in the company. That never came to be. After floating around as a member of 3MB, McIntyre has now received his release from WWE.
June 12, 2014
While there are rumors that the company is delaying the release date of WWE 2K15 until Wrestlemania 31, management has not informed retailers of that decision yet. Various stores, both online and offline, are still informing their customers that the video game will be coming out sometime in October. Vince McMahon and WWE might opt to go the traditional route and release the game in the fall.
May 21, 2014
Change is a tough pill for some people to swallow, so expect to see a lot of professional wrestling fans complaining this fall if the upcoming WWE 2K15 video game does not get released around the same time as usual. Vince McMahon and company are said to be leaning towards pushing the release date back all the way until Wrestlemania 31 to capitalize on the momentum that the company has during that time of year.
May 14, 2014
The latest episode of Total Divas was the most watched one since the series started last year. That has pleased E! enough to where they posted a press release, touting it as their second best show behind Keeping Up with the Kardashians. Vince McMahon is said to be completely behind the business relationship and is willing to devote more resources to promoting his girls.
April 2, 2014
Rumors are floating around online right now about CM Punk returning to TNA. However, that is not the case whatsoever. He is currently still under contract to WWE, and Vince McMahon has no intentions of giving him a release at the moment. The belief is that both sides will simply enable the deal to expire in a couple of months and then part ways completely.
March 27, 2014
During a recent interview, Evan Bourne was asked about his time in WWE. The high flying performer revealed that he had a good amount of fun during his stint with the company. However, he stated that management fired him via fax instead of a more personal phone call. No word yet on whether or not that is the new policy for WWE, but in the past, phone calls were made to the performers being given a release.
September 17, 2014
Since he actually tried to trick ROH into hiring him immediately after his WWE release, it should come as a surprise to no one that Evan Bourne is now officially returning to the company later on this month when his 90 day non compete clause expires. ROH has officially announced his comeback at the September 27 television taping in West Virginia. No word yet on who his opponent will be.
September 8, 2014
When WWE was releasing employees left and right due to the forced budget cuts, there were several rumors floating around backstage. One of the stronger ones was that management would release Lilian Garcia and Tony Chimel. The idea was to replace them with someone younger and cheaper. Fortunately for the two of them, the release never took place, and they appear to be safe for the time being.
September 6, 2014
Showing that there is life after WWE, Alberto Del Rio has announced that he will be doing a small world tour in the upcoming weeks. The former world heavyweight champion, who was recently given his release from WWE after a backstage incident, will be working shows in Egypt, Saudi Arabia, Puerto Rico and Japan. The initial belief was that WWE would prevent Del Rio from working for another promotion for the next year.
September 4, 2014
The reunion between Alberto Del Rio and Ricardo Rodriguez has been signed. The former WWE stars, both of whom were given a release within the past couple of weeks, will be doing a show in Puerto Rico together. The story line has already been placed in motion. Del Rio and Rodriguez will be aligned in a feud against Ray Gonzalez, and it looks like they will be portraying foreign heels.
September 3, 2014
It is no secret that Evan Bourne wants to work for a major wrestling promotion after being given a release from WWE. However, it is not happening in Mexico. The high flyer reportedly turned down a contract offer from AAA. There are rumors that his younger brother was offered a deal as well. The belief is that Bourne feels that the contract is too restrictive and not financially rewarding enough.
September 3, 2014
In regards to the release of ODB from TNA, reports are surfacing that the two sides are leaving on good terms. She was not released because of backstage heat or anything. In fact, her contract had expired, and management opted not to renew her deal at this time. The belief is that the two sides could come to an agreement down the line, but nothing is expected to happen until TNA can secure a new television deal.
August 29, 2014
When Yoshi Tatsu was given a release by WWE, he was devastated by it because he had been working so hard in developmental to get back to the main roster. However, he is not one to give up on a wrestling career. Reports have surfaced that he will be heading back overseas to sign a contract with New Japan after he finishes up his commitment on the independent circuit.
August 24, 2014
The hot rumors right now is that WWE is going to prevent Alberto Del Rio from working for another wrestling promotion in the United States for the next year. In exchange, the company will continue to pay him, even though he has been given a release. That has led fans to speculate as to how much money he will be given. The belief is that it will not be the full amount of the contract, as he will not be paid for working live events.
August 21, 2014
While management has seemingly given up on the Bo Dallas push, they do not appear to be in a rush to give him a release just yet. The belief is that WWE will keep him around for the time being and utilize him as a roster filler. Dallas is considered a good employee who shows up to work and does not cause trouble backstage. Another push seems to be out of the question, though.
August 18, 2014
As expected, WWE has instructed their performers to remain silent if they are asked about the backstage incident that led to the release of Alberto Del Rio. When asked by the media, Sheamus explicitly stated that he knew nothing of the situation, even though most everyone in the company is aware of what happened. Management does not want to run the risk of starting a legal battle with Del Rio.
August 17, 2014
Earlier this year, Curt Hawkins was delivered a bit of a blow when he was given a release by WWE, a company that he had spent years working for. However, he has kept his head up and has been moving forward in life. Aside from being able to focus more on his wrestling school, the former tag team champion has also announced that he is now engaged to his long time girlfriend.
August 16, 2014
As if he really needed it, Hulk Hogan has gained more leverage with WWE when it comes to capitalizing on his name value. The special edition of the upcoming WWE 2K15 with his face attached to it has reportedly been sold out at a lot of retailers, even though the release date is still several weeks away. Hogan has been quite the asset to the company over the last year, and he more than likely will continue to cash in big checks from WWE.
August 16, 2014
Some further information is being leaked about the situation that caused Alberto Del Rio to be given a release by WWE. Cody Barbierri, the employee that was allegedly slapped by Del Rio, apparently has a history of saying derogatory things towards the wrestlers. Reports are surfacing that he has gotten away with things in the past because he is backed by Stephanie McMahon. This would explain why a good amount of wrestlers backed Del Rio when he left the company.
August 14, 2014
There has been a lot of speculation floating around about Alberto Del Rio and his release from WWE since word got out that the former world heavyweight champion was going to be making an appearance for AAA at TripleMania this upcoming weekend. Some believe that he was able to convince WWE to waive his 90 day no compete clause because of the backstage incident.
August 13, 2014
Fans were a bit puzzled in regards to how Monday Night Raw was booked this week. John Cena kept telling fans that Paul Heyman only had until halftime to produce Brock Lesnar before an attack would happen. The incident took place closer to the two hour mark than halfway through the show. Reports have surfaced that WWE did this because Vince McMahon wanted to draw in viewers from the NFL game between the Indianapolis Colts and the Philadelphia Eagles. He used Lesnar and Cena, two of the bigger names in wrestling, to try to get fans to switch channels during halftime of the game.
September 16, 2014
In a bit of news that is sure to cause mass speculations about Vince McMahon and company, it has now been announced that there will be a delay in the launch of WWE 2K15. The video game was initially scheduled to be released in North America on October 28. It has ow been pushed back to November 18. The official word given for the move is because both companies wanted to produce the best possible game before releasing it to the fans, but as many already know, that is simply public relations talk.
September 16, 2014
Some rumors floated around this week that WWE was looking to sell their entire tape library to Warner Bros. That caused a lot of gullible fans to believe that Vince McMahon was giving up on the WWE Network. Rumors are false, as the article was filled with quite a bit of inaccuracies, including the statement that Cinadigm was the actual owner of the footage.
September 12, 2014
Over the last couple of weeks, there has been a bit of a struggle backstage in WWE. On one side is Vince McMahon, who wants John Cena to be booked as dominant as possible, so that fans will buy into his upcoming rematch against Brock Lesnar at Night of Champions 2014. On the other side is everyone else, who does not believe that Cena should be dominating the other performers on the roster that much.
September 12, 2014
Despite losing millions and millions of dollars, Vince McMahon still has a way of generating hope among investors. WWE stock is currently on the rise, and the reported reason for that is because people think that the subscribers count for the WWE Network is expected to skyrocket since it has now been launched internationally. Management has not been promoting the international launch too hard for fear of being accused of misleading investors again.
September 9, 2014
During a podcast interview with Chris Jericho, Batista revealed that he has some lingering backstage heat towards Vince McMahon over an incident that happened a couple of years ago. The former world heavyweight champion was fined $100,000 by WWE because he purposely cut himself during a match to draw blood. Batista felt that the amount was unfairly high, and he noted that was the day when he knew that things would never be the same with WWE.
September 8, 2014
While WWE will continue to put the full court press on, it appears very unlikely that Michael Sam will be making an appearance on Monday Night Raw for Vince McMahon. The defensive end from Missouri University is currently in the process of signing a contract with the Dallas Cowboys after being released by the St Louis Rams. Once the deal goes through, he will more than likely be prohibited from being involved with WWE.
September 2, 2014
While there are some concerns backstage about going up against the NFL, the move to Thursday for Smackdown is being viewed as a good thing for WWE. Vince McMahon and company been wanting to make the switch for quite some time now, as Friday nights are really difficult to draw because a lot of their targeted demographics is out of the house.
August 30, 2014
Those that watched Monday Night Raw last week saw John Cena being booked dominantly against Bray Wyatt, Luke Harper and Erick Rowan. It has now been revealed that Vince McMahon was the person behind all of that. Someone backstage had informed McMahon that a lot of WWE fans were mocking Cena for being dominated, so McMahon has decided to build Cena back up again.
August 28, 2014
Roddy Piper recently did a one man show, and he took that opportunity to bash Vince McMahon. The WWE legend pointed out that his longtime employer has failed miserably as a concert promoter, bodybuilding promoter and football promoter. Piper went on to say that McMahon has only succeeded as a promoter in the business that his father handed to him.
August 25, 2014
There's been rumors floating around for quite some time now that WWE has lost interest in pushing Adam Rose because several key members of management, including Vince McMahon himself, are reportedly not fans of the character. It has now been noted that Rose has not had a match on Monday Night Raw in about a month, which leads many to believe that the rumors are indeed true.
August 24, 2014
After weeks of speculation, it has now been confirmed that WWE will indeed be moving Smackdown from Friday to Thursday. Rumors popped up a couple of weeks ago because a picture of a production truck showed the new day. SyFy has now confirmed the switch. The move puts WWE head to head with the NFL, which is a move that Vince McMahon will be heavily scrutinized for.
August 24, 2014
When WWE announced that they were moving Summerslam 2015 from Los Angeles to New York, the company did not reveal the actual location of the pay per view. There are rumors floating around now that Vince McMahon may try to do the event at the massive MetLife Stadium that was the host of Wrestlemania 29. It's quite the risky endeavor, so the belief is that WWE will eventually end up choosing the Barclays Center or the IZOD Center instead.
August 21, 2014
When Rey Mysterio decided to make a video appearance at TripleMania for AAA, the belief was that he was doing it as a shot at WWE. Rumors have surfaced that he is quite upset with the company in regards to his contract situation. Reports are now surfacing that Mysterio had a handshake agreement with Triple H that would have enabled him to walk away from the company. However, Vince McMahon reportedly decided to overrule that and force to remain under contract to WWE for another year.
August 20, 2014
There are rumors floating around right now that Vince McMahon is not interested in seeing Kurt Angle making a return to WWE. However, that appears to just be speculation. While management has been trying to cut back on spending, the belief is that they would open the check book for Angle since he is a superb performer who can draw in a good amount of fans.
August 18, 2014