Cody Rhodes is rumored to be getting over $3 million per year from WWE now, but he has revealed in a media call that his father Dusty Rhodes blew $3 million on launching an indie company, leading to his family going broke. Cody admitted he’s being paid well now.
The former AEW star Cody Rhodes finally made his return to WWE following numerous rumors and speculations. He was revealed as the mystery opponent of Seth Rollins on WrestleMania Saturday. Following a hard-fought back & forth battle, Rhodes got the win clean. Fans have been wondering about his contract details which have now been confirmed.
Cody Rhodes signed a multi-year deal with WWE
Rhodes’ team issued a press release after his WrestleMania return and confirmed that he is signed to a new multi-year deal with WWE. Cody’s team consists of the Hyperion Talent Agency, the Spanos Law firm, and the Vision PR firm.
Cody Rhodes talked to me about an emotional story he shared with Vince about when his family was going through a financially hard period.
Cody also told me that he feels he got closure with Vince when they met up prior to re-signing.
— Denise 'Hollywood' Salcedo (@_denisesalcedo) April 3, 2022
Cody Rhodes tells me that 95% of his conversation with Vince McMahon was about his daughter.
Says the pitch Vince gave him was very good.
Said it's not about the money because everyone in wrestling pays good now.
— Denise 'Hollywood' Salcedo (@_denisesalcedo) April 3, 2022
The press release also revealed that ‘The American Nightmare’ is serving as the Executive Producer to A& E’s “Biography: WWE Legends” documentary on his father, WWE Hall of Famer Dusty Rhodes. The doc was mentioned earlier as well, but the release from Rhodes’ team has confirmed that he will be the Executive Producer.
Fans have taken note that there is no direct mention of AEW, but they do acknowledge that he is a three-time TNT Champion. The return press release was not issued by WWE, but it’s possible they had a chance to approve it before it went out.
Rhodes’ team issued the following:
“The most sought-after free agent in professional wrestling, “The American Nightmare” Cody Rhodes, has landed back at WWE, the company where he began his career. Saturday night, in front of a massive crowd at AT& T Stadium in Arlington, Texas, Rhodes returned in the main event match with multi-time former WWE Champion Seth Rollins. Rhodes has inked a multi-year deal with the company.
Rhodes began his wrestling career with WWE developmental territory OVW and went on to compete with WWE for a decade before his departure in 2016. Over the past six years, Rhodes has wrestled all over the world including in Japan, England, Mexico, and Canada. In 2018, Rhodes was named Wrestler of the Year by Sports Illustrated. During his first run with WWE, Rhodes became a two-time WWE Intercontinental Champion and won six tag team championships (three World Tag Team Championships and three WWE Tag Team Championships). During his time away from WWE, Rhodes won many top championships including the Ring of Honor World Champion, IWGP United States Heavyweight Champion, ROH World Six-Man Tag Team Champion, and most recently the TNT Championship on three separate occasions. His father, the legendary “American Dream” Dusty Rhodes, is a WWE Hall of Famer and both Cody and Dusty won NWA Worlds Heavyweight Championship titles making them the first father/son combination to win the title.”
