WWE had to axe a large number of on-screen talent when the COVID-19 pandemic started to damage their bottom line. They also fired a ton of backstage and office staff. This recent situation has caused WWE to re-evaluate their priorities.
During Wrestling Observer Radio, Dave Meltzer discussed why WWE didn’t offer Drew Gulak more money. They couldn’t come to an agreement and his contract expired.
It was said that WWE doesn’t consider Superstars going to AEW as the threat that they did a couple of months ago. The company has much bigger problems to worry about right now.
“They know it’s not one of those situations like it was a couple of months ago when somebody might go and help the opposition right now. I mean, they’re not concerned with that anymore. I mean, that’s the situation.”
AEW is dealing with the COVID-19 pandemic to the best of their ability. They’re not financially screwed either. They made a profit last month and are still backed by a billionaire with a greater net-worth than Vince McMahon.