I agree with you. We have too many PPVs. We have too many shows in general. I really think WWE should cut Smackdown, Superstars, and all that other dead weight. The only shows they need are RAW each week and 4-8 PPVs per year.
The reason they created Smackdown and 12 PPVS is because WCW did it; they felt they needed to create these extra shows to remain competitive (they didn't).
Today, there is no reason to have so many shows on television.
maybe have just raw smackdown and nxt, like you said we dont need morning slam, superstars, main event etc and then just the 8 ppvs a year