What is being said about TKO’s approach to the WWE contacts of older stars such as Sheamus
It was reported that Sheamus is leaving WWE after his contract expires, and his WWE.com profile was moved to the Alumni section on Sunday evening. It was noted that he “rejected a restructured extension.”
During Wrestling Observer Radio, Dave Meltzer of F4WOnline.com discussed the situation…
“I mean, if you look at the TKO [WWE’s parent company] situation, from talking to people there and in other situations, they are very willing to pay really, really giant money to people they perceive as stars, like a sports team, you know what I mean?
But when it’s older wrestlers who they perceive as being on their downside and have big contracts, they’re very much like an NFL team. Rather than pay a guy a giant salary who’s on the downside, they’d rather spend their resources on somebody younger, who they can also pay less.
So, the offer to Sheamus really doesn’t surprise me at all. He’s a guy I would have expected something like this to happen to.”