Several WWE Talent Already Taking Pay Cuts as Contract Restructures Hit Roster

TLDR

Several WWE talent have already accepted pay cuts as part of TKO Group Holdings' efforts to renegotiate contracts downward, according to Wrestling Observer Radio. While Kofi Kingston and Xavier Woods declined new deals and were released, Bryan Alvarez confirmed that multiple other wrestlers agreed to the reduced terms, with more contract renegotiations expected in the future. Dave Meltzer noted that at least one wrestler accepted a significant pay cut to remain with WWE despite having the option to make strong money with All Elite Wrestling.