– Vince McMahon has reportedly ordered more major cuts for WWE.
Apparently the cutbacks are working as WWE’s losses for this year won’t be nearly as large as they were expecting just a month ago. The latest number going around is into eight-figures.
There continues to be a lot of fear within WWE that there are major cuts coming besides the talent cuts and some production cuts that have already been done.
As noted, the cuts are a result of WWE’s new TV deal being announced and the increase in fees coming in much lower than WWE officials expected.
Source: Wrestling Observer Newsletter
The Hottest WWE news, photos and videos delivered to your inbox in one convenient newsletter. Sign up now and give it a try!
|20||"Stone Cold" Steve Austin Denies Yet Another WrestleMania 32 Related Story|
|14||WWE Cancels An Upcoming Live Event - The Reason Why Included|
|10||CM Punk Blasts Susan G. Komen For The Cure On Twitter|
|9||Vince Russo Rips TNA For Their Big Announcement: "TNA Has Literally Become A Joke"|
|9||Backstage News On Daniel Bryan’s Future In WWE|