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Old 10-03-2012, 03:50 PM   #41 (permalink)
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Default Re: Recent WWE Contract Details

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i.i.r.c it was WCW buying up the industry that led to Vince giving all talent a downside guarantee. Bischoff tried to sign British Bulldog to a longterm contract, leading to McMahon signing him to a 250,000 dollar downside gurantee - big money pre-wrestling boom. After that everybody got one.
That is also my understanding too [though minus the long term thing - as I my understanding is that long term contracts didn't really exist back then], back in the day when Bischoff was spending Turner's money like there was no tomorrow [late 98/most of 99], guys like Scott Norton were on $800,000 contracts. And also, back in the 90s, there were no 3 or 6 year commitments [most re-negotiated their contracts on a bi-annual or even annual basis], so as WCW began to decline, and the top tier wrestlers like Kevin Nash, Bill Goldberg and Hulk Hogan saw their merchandise, PPV pay offs and live gate bonuses diminish, they would negotiate higher downsides.

That is why when WWE bought WCW - and all of the contracts involved - Bill Goldberg was taking home a downside guarantee of $2m for doing sod all, which is considerably more than the downside guarantee he was getting during his 1998 peak.
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Old 10-03-2012, 03:57 PM   #42 (permalink)
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Default Re: Recent WWE Contract Details

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AJ Lee: $104,300 downside - 3 year contract
- She just got on the main roster and is making as much money as Phoenix and Eve who have both been there for years? Doubt it.

Khali...what a waste of money. Kofi, god bless you
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Old 10-03-2012, 04:11 PM   #43 (permalink)
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Default Re: Recent WWE Contract Details

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Originally Posted by wjd1989 View Post
That is also my understanding too [though minus the long term thing - as I my understanding is that long term contracts didn't really exist back then], back in the day when Bischoff was spending Turner's money like there was no tomorrow [late 98/most of 99], guys like Scott Norton were on $800,000 contracts. And also, back in the 90s, there were no 3 or 6 year commitments [most re-negotiated their contracts on a bi-annual or even annual basis], so as WCW began to decline, and the top tier wrestlers like Kevin Nash, Bill Goldberg and Hulk Hogan saw their merchandise, PPV pay offs and live gate bonuses diminish, they would negotiate higher downsides.

That is why when WWE bought WCW - and all of the contracts involved - Bill Goldberg was taking home a downside guarantee of $2m for doing sod all, which is considerably more than the downside guarantee he was getting during his 1998 peak.
I think they started to come in slowly. Mark Henry's 10 year deal was a big move at the time, probably only given so Bischoff couldn't sign him. Then a few months later the ludicrous Bret Hart deal which led to Montreal. Seems like WCW had an insane situation concerning contracts; sure I read at the time Nash and Hall signed for two years (later extended). But like you say it seems they could re-negotiate, or maybe this was just the 'big guns' (i.e Hogan, Savage, Piper etc) that were given committed contracts.

There was the story of how Nash and Hall got raised salaries when Vince tried to revive their characters and WCW management got scared they were heading back north.

The Warrior was given a 1 million 1 year contract in 1998, only to bomb and disappear after Halloween Havoc. Not sure whether he received the full amount.
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Old 10-03-2012, 04:12 PM   #44 (permalink)
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Default Re: Recent WWE Contract Details

The amount they are paying Khali is just as ridiculous.

BTW, wtf on Henry having a 10 year contract?

Unless that is one signed, like 8 years ago or something, it would be pretty weird to sign someone "that old" for such a long contract.
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Old 10-03-2012, 04:19 PM   #45 (permalink)
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Default Re: Recent WWE Contract Details

LOL Khali got dat moolah! Tensai got a sweet deal too, good for them

Kofi makes less than Swagger.. Poor guy
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Old 10-03-2012, 04:26 PM   #46 (permalink)
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Default Re: Recent WWE Contract Details

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CM Punk: $1,220,500 downside/allocated a personal touring bus/first class travel arrangements paid for, when bus travel is not an option/receives an additional 3.25% bonus for high merchandise sales - 7 year contract
I'm starting to think that Punk has some inside dirt on McMahon. His life is too sweet right now; things this good don't happen without some prompting. He's had an epic title reign, is tied in with legends like The Rock and Foley for future big money angles, he's had repeated successes against the WWE's top star and has a brilliant angle with Paul Heyman (who is priceless at the moment). On top of the most aggressive push I've seen in years he's getting a sweet deal backstage too? Damn, he must've sold his soul.
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Old 10-03-2012, 04:27 PM   #47 (permalink)
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Default Re: Recent WWE Contract Details

So I'm guessing Darren Young doesn't make... "millions of dollas, millions of dollas"
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Old 10-03-2012, 04:28 PM   #48 (permalink)
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Default Re: Recent WWE Contract Details

wwe needs to resign morrison before it is too late
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Old 10-03-2012, 04:41 PM   #49 (permalink)
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Default Re: Recent WWE Contract Details

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The amount they are paying Khali is just as ridiculous.

BTW, wtf on Henry having a 10 year contract?

Unless that is one signed, like 8 years ago or something, it would be pretty weird to sign someone "that old" for such a long contract.
He signed a 10 year contract in '96. I presume he re-signed for 10 years in 2006, which will last until 2016 - when he turns 46 years old. However, he'll retire before then.
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Old 10-03-2012, 04:45 PM   #50 (permalink)
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Default Re: Recent WWE Contract Details

If this is true...then WTF?!?! Khali making almost a million?!! smh
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