– As noted, Vince McMahon has ordered more WWE budget cuts and wants to cut $20 million from the budget this year. This means WWE’s losses for 2014 will be down significantly from the $45 million to $53 million that was projected.
More changes being considered include some first-class travelers flying coach and scaling back, but not eliminating, backstage catering. There is also a new policy on international travel being implemented and there’s a hiring slowdown, not a freeze.
Source: Wrestling Observer Newsletter
|Former WWE Superstar Issues Statement On Several Wrestler Suing WWE For Allegedly Suffering Injuries|
The Hottest WWE news, photos and videos delivered to your inbox in one convenient newsletter. Sign up now and give it a try!
|6||Doink The Clown’s Mother Suing WWE For Wrongful Death, Fraud, And Negligence|
|5||WWE Censors Cesaro After He Flipped Off John Cena During Their Match On RAW|
|4||WWE RAW Results For June 29th: No DQ Tag Team Match|
|3||What Main Events Is WWE Planning To Do At WrestleMania 32?|
|3||The WWE 2K16 Video Game Cover To Be Revealed During This Monday’s Episode Of RAW|