By Ryan Clark | November 10, 2005
It should be noted that with WWE's new TV deal with USA blocking the chance to earn advertising revenue, it means there is less money to throw around inside the company. Because of this, top names like Chris Jericho (who walked away from the company for the time being) and Chris Benoit (who could be walking away soon) are no longer getting downside guarantees that they were getting just a few years ago in the $600,000-$900,000 a year range. Adding in the fact that with poor buyrates for Pay Per View events and low attendance at House Shows recently, the WWE isn't very strong financially at the moment.
Because of this situation, WWE has been put in a position where they are now offering new deals at half the amount many workers were used to earning just a few years ago. This means workers earning in the range of $600,000-$800,000 a year are now being offered deals around the $180,000, $200,000 or $250,000 a year range. Some reports have even stated that Benoit's new deal was possibly even under $200,000 in terms of a downside guarantee with the potential to earn more later that year. At this point, many workers who have been with WWE in the last few years or so that have saved their money well can either choose to re-sign, take time off or look at a deal with TNA that could be pretty close to what they would earn in a downside guarantee with WWE (although more potential is always there with a WWE deal in terms of a push helping to increase a downside guarantee).
It should be noted that Chris Benoit leaving WWE is purely RUMOR right now and some sources believe that he will re-sign as the market in Japan (the place he'd most like to go) isn't all that good right now.
News Derived From: Wade Keller @ PWTorch.com
Dan Severn On Brock Lesnar Comparisons, Vince McMahon, Choosing WWE Over WCW, Leaving WWE, UFC Sale
Seth Rollins, Kevin Owens, Roman Reigns And Big Cass On Tonight's Big RAW Fatal 4 Way (Videos)
Jim Ross On Talks Between Goldberg And WWE, Kevin Owens Winning Universal Championship
Randy Orton On Brock Lesnar Rematch Next Month, Cesaro's Advice If You've Been Drinking, WWE Shop
Steve Austin Begins Filming Show, New Episode From Goldust And His Daughter, WWE Stock Down
Bo Dallas Arrested After Airport Incident
Finn Balor's Title Plates Removed (Video), John Cena - RAW Correction, Sami Zayn On WWE In Manila
Ryback Reveals WWE Offer He Walked Away From, Being Told He Would Squash "Little Twerp" AJ Styles
Rumors Of WWE Star Getting Kicked Off Plane, Terri Runnels Reveals Which WWE Angle She Hated, More
Spoiler Update On A WWE Tag Team Returning
WWE Superstar Officiates Sasha Banks' Wedding Ceremony
News On When John Cena Will Be Taking His Next WWE Hiatus
Kurt Angle Talks Burying The Hatchet With Triple H, WWE Return, Why Shelton Benjamin Was Returning
Kurt Angle Talks Brock Lesnar Busting Randy Orton Open, Lesnar's UFC Suspension, Lesnar Fighting
John Cena - Smackdown News, Why SmackDown Stars Won't Be At WWE RAW For First Time Since Brand Split
More Details On Bo Dallas Being Kicked Off Plane, Seth Rollins Heat With Airport Gate Agents