WWE Superstars Face 50% Pay Cuts Amid Corporate Greed

Following WrestleMania, WWE announced releases of over 20 wrestlers and offered remaining top stars a 50% pay cut or termination. Kofi Kingston and Xavier Woods opted to depart rather than accept the reduction. Veteran reporter Dave Meltzer confirmed some wrestlers accepted the new, lower contracts. lebandit.lat

In contrast, WWE’s parent company TKO executives saw dramatic salary increases: Ari Emanuel rose from $18M to $67M, Mark Shapiro from $32M to $43M, and Nick Khan from $6M to $24M.