MR. TITO: With Labor Day Here Again, WWE Wrestlers Should Consider Unionizing Against the Greedy TKO Machine
According to Fightful.com reviewing court filings, during 2023, the WWE corporation paid around $195 million for wrestler compensation and that represented about 15% of the $1.29 billion in the company’s revenues.
Through 2025, now under TKO’s rule, the WWE earned $1.7 billion in revenues. If we apply that same 15% rule, the pro wrestlers should earn around $255 million.
Anyone care to bet me that they are NOT earning that?
As we saw in the news, multiple wrestlers were asked to take 50% paycuts. This prompted the New Day to ask for their releases and were granted them, as those longtime WWE employees and actual merchandise sellers were insulted at the notion of taking 50% off of contracts that TKO signed. Reportedly, one longtime wrestler did take the 50%, with some guessing Miz or another wrestler thinking that leaving the WWE would jeopardize his opportunities (LA Knight?) without his trademarked WWE name.
Meanwhile, TKO Executive Chair and CEO Ariel Emanuel received total compensation of $67.4 million while the CFO earned $23.1 million and the COO earned $42.6 million. What, they couldn’t take 50% paycuts themselves? Nick Khan, who is president/CEO of the WWE and also on the TKO board, made over $24 million during 2025.
And before you suggest that these “Chief” positions are doing such a great job, then why does TKO carry almost $5 billion in DEBT despite UFC and WWE having revenues pouring into their coffers? Also, why did the Endeavor corporation have so much debt that it needed Silver Lake to finance them and buy them?
In other words, WWE wrestlers are getting SCREWED on their network while TKO and WWE executives are pulling in the money.
Hell, Triple H is earning $2.8 million according to Sports Illustrated. He’s the Chief Content Officer who actually puts the shows together and then produces them live at the events as well. He’s putting in way more work than those sitting in cushy offices all day, and HHH has to be micro-managed by these TKO fools as well.
As we head into Labor Day, it’s time for WWE wrestlers to STAND UP and stop swallowing the turd sandwiches that WWE, with this TKO corporate daddies, keep serving them.
WWE wrestlers are the ones taking the bumps in the ring, getting thrown through tables, having to travel all over the country or world, work through injuries, be away from their families, and have to do countless charity and personal appearances for TKO and WWE. Furthermore, they are silenced from expressing themselves personally and WWE/TKO owns all of the copyrights that the wrestlers help build up as a solid brand.
What wrestlers don’t realize is that they have all of the power. If each walked out and refused to do a televised wrestling event, which puts the Netflix, USA Network, and ESPN+ deals in jeopardy, the WWE could be in trouble with each of those companies with those television deals. Further, wrestlers need to understand how MAD fans are at TKO right now for price gouging them on live events and merchandise while feeding them to the price gouging streaming wolves with Netflix and ESPN/Disney. If wrestlers were to walk out today, fans would back them because they’ve been pissed at TKO’s corporate antics for the past 2 years.
Yet, the wrestlers are afraid to stand up to these corporate cowards.
And I’m full aware of what the WWE did to keep labor unions away during the Vince McMahon era. Vince liked to push one wrestler really hard, such as Hogan and then Austin/Rock, then Cena, and the eventually Roman Reigns along with supporting others like the Undertaker. By coddling up to the top person on the card, Vince knew that he could keep drawing if the top guy was loyal and therefore made the rest of the roster expendable. Without Vince, Roman Reigns remains the highest paid guy followed by Cody Rhodes, who happens to be represented by WME which serves as an agency where several TKO executives still work as agents (Ari Emanuel, for example, represents Pat McAfee personally).
For a union to actually form in the WWE, they would need the top main eventers to be willing to support the union. Hulk Hogan wouldn’t, as he stooged out Jesse Ventura to Vince McMahon during 1986 (right before Wrestlemania 2) when Jesse tried to suggest that wrestlers unionize and hold up Wrestlemania 2 to accomplish this feat. Once that ended, Vince further demolished the territory competition to make his promotion the #1 in the land and made it difficult to argue. Then, Austin, Rock, Triple H, and Undertaker with John Cena later playing the game came along and accepted being loyal main eventers for Vince.
Personally, I’ve always argued that wrestlers should desire to join the Screen Actors Guild (SAG) which is now called SAG-AFTRA. WWE wrestlers are clearly following scripts both in their promos and how matches are laid out with backstage producers. They are also taking prepared stunts. They are televised each week on Netflix and USA Network, along with PLEs now on ESPN+. WWE has been long established as a form of “entertainment” with an court precedent in place when state athletic commissions tried to regulate pro wrestling during the late 1980s.
Admittedly, there are economic consequences of unions, historically speaking…
– Unions work in strength in numbers, even with a portion of those numbers are weaker performers.
– Pay for union workers is often due to seniority and not just merit or performance.
– If current workforce shrinks, then ability to fund benefits, such as retirements and pensions on a pay-as-you-go system becomes a major financial problem.
– Labor stoppages, such as strikes or lockouts could occur when a contract is up or nearly up or if there’s a new disagreement between the parties.
Right now, both the NBA and NFL split revenues almost halfway between the ownership and players. 50%, compared to wrestlers earning 15% on contracts that can be cancelled at any point. NBA contracts are fully guaranteed, while NFL contracts are mostly guaranteed and are often subject to renegotiation if a player outperforms their current deal.
One could argue “well, if the wrestlers get paid more and take in more revenues, then TKO will raise its prices”.
Great argument… BUT TKO IS ALREADY RAISING THEIR PRICES!!!!!!
They’ve been gouging fans HARD over the past 3 years… Know what is causing them to price gouge? Total greed, as top executives are pulling in 8 figures a year and laughing as the wrestlers take the bumps on their behalf.
It’s now or never, WWE wrestlers. If you want to be pawns for the WWE brand that TKO wants you to be, then keep working under the current terms and they’ll pick you off individually one-by-one. Otherwise, take ownership of yourselves as a locker room and hold greedy TKO executives accountable.
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