Michael Perry on December 17, 2021
Kevin Owens stunned the wrestling world when news broke that he had signed a new multi-year deal with WWE. The new contract will pay KO huge money to stay with the company. It seems like a win-win deal for everyone involved.
WWE does have a history of signing talent to huge contracts and not delivering on their end of the deal. Bray Wyatt signed a four year deal that was also worth a fortune. He became just another of many wrestlers who were released, never seeing the contract through to the end.
Kevin Owens does not have a no-cut deal in his contract. He’s also subject to the same 90-day non-compete rule as any other wrestler signed to the WWE main roster. According to the latest Wrestling Observer Newsletter, sources at WWE say that the big money deal makes it even more likely that Owens might not last the length of the agreement.
“It’s in line with what I heard. Someone in his position, who can come in and out of the main events, upper mid card, will make that level at this time. But he won’t get the 90-day clause waived. He wasn’t going to get more money….
The 2-3 million a year range is so blinding to people, they sign, not realizing it’s a 90 day contract that renews every day at WWE’s sole discretion. It’s how they `got’ Windham Rotunda. He was going to get 3 mil, 3 year term. They went to a 5 year term. He held. They inched up towards 4. He jumped at it. But it’s still a 90 day contract. And with the higher number, it takes less and less to trigger the release.”
WWE has frequently cited the need to cut costs and increase revenue as a justification for firing wrestlers. There have been over eighty such releases in 2021 alone. Kevin Owens is betting on himself. He believes he can perform well enough to make this huge deal beneficial to both himself and WWE.
Do you think Kevin Owens will finish his WWE contract? Let us know in the comments!
December 17, 2021 7:29 am
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