WWE NOT EXTENDING CM PUNK
Since his contract is expiring in a few days, there were many who believed that WWE was going to extend their contract with CM Punk since he has been gone for an extended period of time. However, reports are surfacing that Vince McMahon is opting against that because he does not see a reconciliation on the horizon. Plus, WWE cannot afford to pay a performer to sit at home.
July 14, 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
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
While the company was hoping that the legendary masked performer would make an appearance at TripleMania on Sunday, AAA is reportedly backing away from Rey Mysterio. The promotion does not want to be involved in a contract tampering lawsuit with WWE. As of right now, there is a bit of a dispute between Mysterio and Vince McMahon on their deal. Until that is cleared, AAA will not be contacting Mysterio.
August 16, 2014
Alberto Del Rio might not be the only familiar WWE face to make an appearance at TripleMania this upcoming Sunday night. Word has it that Rey Mysterio has accepted the invitation from AAA to be at the biggest wrestling pay per view in Mexico this weekend. If the masked performer shows up, then that means that his contract issues with Vince McMahon are still lingering.
August 14, 2014
While there was a bit of rumblings backstage that WWE was going to pursue legal action against CM Punk for walking out of his contract, rumors are floating around that management is hesitant to do so. For starters, now might not be a good time to sink money into a lawsuit since there are so many employees being released. Secondly, Vince McMahon is really focused on the WWE Network at the moment, so a lawsuit might be a bit of a distraction from the CEO.
August 2, 2014
When Vince McMahon announced that they were releasing seven percent of their workforce due to the under performing WWE Network, many within the company feared for their jobs. Today, five developmental wrestlers were given their releases. Garrett Dylan, Travis Tyler, Slate Randall, Mac Miles and Dani Jackson are no longer under contract with WWE.
August 1, 2014
Despite years and years of rumored negotiations between the two sides, it has now been revealed that Sting and Vince McMahon have never met in person. That will be changing soon. Through his deals with Mattel and WWE 2K15, Sting is required to be in Los Angeles during Summerslam 2014 takes place. The belief is that Sting and McMahon will finally sit down and talk about a potential wrestling contract.
July 31, 2014
Vince McMahon has another big headache to deal with, as his company is being hit with a class action lawsuit. The claim is that WWE purposely misled investors about their ability to secure a much better television deal with the network than the contract that they eventually signed. The promise of a bigger television deal was reportedly the reason why a lot of investors sank money into WWE, causing their stocks to soar to record levels.
July 26, 2014
Even though he has not been with the company for quite a few months now, Jim Ross was actually under contract to WWE. Until today, that is. The legendary commentator revealed to fans through social media that his contract officially came to an end this week. While Ross has stated before that he would love to be the lead commentator for Monday Night Raw again, it does not appear that Vince McMahon is interested in that.
July 23, 2014
Since his contract is expiring in a few days, there were many who believed that WWE was going to extend their contract with CM Punk since he has been gone for an extended period of time. However, reports are surfacing that Vince McMahon is opting against that because he does not see a reconciliation on the horizon. Plus, WWE cannot afford to pay a performer to sit at home.
July 14, 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
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
For those of you wondering about the status of Rey Mysterio in WWE, the masked performer is still taking time off. He was recently spotted on vacation in Mexico after spending time with his family in Hawaii. Despite his long history of injuries, Vince McMahon still wants Mysterio back, and he even activated a clause in his contract that immediately extended the deal. Mysterio, however, has second thoughts about coming back to WWE.
July 5, 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
When CM Punk walked away from WWE, some in the industry expected him to stay home until his contract with the company expired. Reports are now surfacing that the deal is set to be completed during the middle portion of July. There has been some speculation that WWE will force an extension of the deal to prevent Punk from joining TNA, so a lot of people are awaiting to see what Vince McMahon decides to do.
July 1, 2014
Reports are floating around that Kurt Angle has signed a new contract with TNA that will enable him to work part time and focus on building up his career in Hollywood. The former Olympic gold medalist attempted to get a part time deal with WWE, but the company insisted that he sign a full time deal, which Angle did not want because he was worried about the effects it would have on his body.
October 29, 2014
As many fans already know, Rey Mysterio is still under contract to WWE, which means that he cannot work elsewhere during the duration of the deal. The masked superstar wants to return to Mexico and wrestle for AAA. Many were under the belief that he was going to wait for his current deal with WWE to expire, but there are now talks that the company could extend his deal again next year and force him to remain on the sidelines.
October 22, 2014
Through social media, Gene Snitsky has expressed his dissatisfaction with TNA for not bringing him on board full time. He did a couple of segments on Impact Wrestling this summer, but management has opted to remain fiscally responsible, as they are still trying to secure a new television contract. The company is expected to start signing wrestlers are that happens.
October 19, 2014
While the backstage heat between the two sides remains at a pretty high level, it does not appear that WWE will be giving a release to Rey Mysterio any time soon. Management has started to accept that the former world heavyweight champion will not be returning to work anytime soon, but they will not let him out of his contract to help another promotion out. WWE would rather just keep him on the sidelines for the time being, especially since Mysterio has reportedly stopped cashing in their checks.
October 15, 2014
Earlier in the week, it was reported that WWE had offered Kurt Angle a full time contract, which he turned down because he wanted a part time deal to preserve his body and health. There are speculations floating around that Triple H only made that offer because he knew that Angle would reject it. Some are still under the belief that HHH wants nothing to do with Angle and is attempting to block his return to the company.
October 15, 2014
Another person that could be walking away from TNA in the near future is Mike Tenay, their longtime play by play commentator. His contract with the company expires in January, so he is expected to work until then. Many within the industry believe that a new television deal will be finalized and announced before then, so a contract extension for Tenay would not be out of the question.
October 14, 2014
Reports have surfaced that Samoa Joe and TNA parted ways after Bound For Glory 2014 once the contract between the two sides expired. As many already know, the company has been allowing top level performers to walk away because they simply do not want to make big financial commitments until a new television deal is secured. The belief is that Joe could be brought back on board once a new home on television has been found.
October 14, 2014
While reports have surfaced that Kurt Angle has indeed been in negotiation with WWE on his final contract in the business, the former world heavyweight champion has not ruled out a potential return to TNA because the company is more than willing to give him the part time deal that he prefers. Angle has publicly stated that this will be his final contract as a wrestler, and he wants to try to gain more ground in Hollywood.
October 14, 2014
Shortly after he worked Monday Night Raw this week, WWE announced that they have decided to release Justin Roberts after a dozen years o service because they did not want to sign him to another contract. No word yet on why management is letting him go, but the news is probably not well received backstage since Roberts was viewed as one of the biggest wrestling fans in the company.
October 14, 2014
Earlier this month, Nick Dinsmore was given a release by WWE after the company refused to sign him to a new contract as a trainer. During a recent interview, he hinted on a return as an in ring performer. Dinsmore did not specify which company he would be signing with, but he did state that it was one of the highest profile wrestling companies in the world.
October 13, 2014
With reports surfacing that he has signed a new contract with WWE that enables him to work fewer days, Randy Orton has decided to take to Twitter to address the issue. Not surprisingly, the former world heavyweight champion is denying the rumors and instructing fans to not believe everything that they hear. Orton has not worked as many live events as he used to, so there are some merits to the reports.
October 12, 2014
Reports surfaced this week that WWE agreed to modify the contract that they had with Randy Orton, in order to reduce the amount of work that he needs to do each year. Word is now coming out that part of that agreement enables Orton to skip out on a portion of the upcoming tour of Europe. The former world heavyweight champion is only going to work the first half of the run.
October 12, 2014
During a recent interview with the Fight Network, Alberto Del Rio revealed that he and WWE are close to a settlement on the non compete clause in his contract. The belief is that the company wanted to make things go as smoothly as possible because they want to avoid a discrimination lawsuit. WWE is also said to be leery of alienating the Mexican fan base.
October 11, 2014
Sources within WWE are now confirming that the company has indeed had talks with Kurt Angle about a potential return. Reports are stating that a full time contract was offered, but the former world heavyweight champion declined because he simply did not feel that he can handle being on the road that frequently. Angle is said to be seeking a part time deal, where he only works the big events. Negotiations are said to be ongoing.
October 11, 2014
After spending more than a decade on the road for the company, Randy Orton and WWE have come to a new agreement that will enable the former world heavyweight champion to have some more time off. A modification in the contract now allows Orton to skip out on various live events throughout the year. For a long stretch of time there, he was featured as one of the headliners on the tours.
October 9, 2014
While a lot of fans are under the assumption that there will be a huge number of international subscribers for the WWE Network, the latest financial reports tell an entirely different story. Over the last three months, the online service has picked up 31,000 more subscribers. Since 3,000 of those are domestic, that means that only 28,000 subscribers signed on from 170 different countries. It's a positive, but not nearly what was needed to get to the 1 million subscribers mark that Vince McMahon desperately wants.
October 31, 2014
In response to the lower than expected subscribers count, Vince McMahon has decided to give away the WWE Network for free to new subscribers. There will be no charge during the month of November. The move is being done to entice people to sign up on a more permanent basis, as the company knows that they really need to get to at least a million subscribers, in order to win back the trust of investors.
October 30, 2014
A good amount of investors have bailed on WWE after their much anticipated announcement today. Vince McMahon and company revealed that they only have 731,000 subscribers for the WWE Network, a number which falls way short of what they were aiming for. Since they were not able to break the 1 million mark, expect some changes to be made to the product. The project has been deemed a failure by many, and all eyes will now be on McMahon to see what he does to rectify the situation.
October 30, 2014
Anyone that has followed WWE for a couple of years already knows that things are pretty hectic from January through April. It looks like management is looking to alleviate some of the clutter by removing the Elimination Chamber pay per view. Vince McMahon still loves the gimmick, however, so the cage match might be moved towards the summer or fall.
October 26, 2014
Bad news for Vince McMahon today. He lost some more money, as WWE stocks was hit with quite the drop. The belief is that investors are jumping ship before quarterly results are announced at the end of October. Many are under the impression that the company will not reach their goal of breaking a million subscribers for the WWE Network. Another major drop could take place when the announcement is made.
October 22, 2014
Chalk up another victory for Vince McMahon and his quest to draw in a younger audience. The company has reached a deal with Nickelodeon. The network will start airing episodes of Slam City this week. For those that are not aware, it is a cartoon based on the WWE performers getting jobs outside of wrestling. It had previously been airing solely on the WWE Network, but it is now available on television.
October 21, 2014
As has long been speculated, the WWE Network has now announced that they will include advertisement on the service. Vince McMahon has yet to reach the subscribers count that he was looking for, so additional revenue was needed. Subscribers have been quite vocal about the possibility of being forced to watch commercials on a service that they are paying a monthly fee for.
October 13, 2014
A touching moment took place at an independent wrestling circuit show this week. Bret Hart entered the ring and addressed the audience. He then called out Earl Hebner, who agreed to join him. Hart told the fans that Hebner was simply doing his job because it was what Vince McMahon ordered. The two embraced one another and buried the hatchet.
October 12, 2014
Back in 2011, WWE needed a marketing gimmick for the Royal Rumble, so the company decided to add another ten competitors and brand the event as being the biggest ever. Management is going back to the well again for Royal Rumble 2015. Vince McMahon and company have decided to go with a 40 man battle royal this time around, and a lot of surprise appearances are expected.
October 8, 2014
Vince McMahon reportedly has a rule about the cast of Total Divas. None of them are allowed to hold the championship while they are a part of that reality show. No word yet on why McMahon has that rule in place right now, but it is quite peculiar since WWE basically scripts a lot of their segments based on what is happening on Total Divas.
September 25, 2014
The latest episode of Monday Night Raw was a prime example of just how hectic things are backstage in WWE. About an hour and a half before the show was to be aired live to a nationwide audience, Vince McMahon decided to scrap the entire show and write it all over again from scratch. That caused quite a frenzy because the writers were barely given enough time to finish the scripts for the wrestlers.
September 25, 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