WWERingside News

Eric Bischoff Defends TKO Asking WWE Talent to Take Pay Cuts

about 2 months ago66 views
Eric Bischoff Defends TKO Asking WWE Talent to Take Pay Cuts

TLDR

Eric Bischoff has defended TKO's decision to ask WWE talent to take pay cuts, explaining that he believes the company is likely making decisions based on long-term financial forecasting rather than current revenue performance. According to reports, TKO has been pushing for "50% restructuring" on some existing deals, with Bryan Alvarez stating the company believes talent workloads are significantly lighter than when contracts were originally signed. Bischoff argued that publicly traded corporations like TKO don't operate on a year-to-year basis and suggested the company probably conducted an internal audit projecting what WWE's cost structure would look like over the next five years.

Read the full article at:

Ringside News
0 comments

Never Miss Breaking Wrestling News

Get push notifications with our free app and be the first to know about WWE, AEW, and TNA news.

Download on the App StoreGet it on Google Play

Comments

Sign in to join the conversation