WWE Forces Stars to Cut Pay by Up to 50%

After WrestleMania, WWE announced the release of over 20 wrestlers and issued ultimatums to remaining talent, demanding significant pay reductions or termination. Kofi Kingston and Xavier Woods chose to depart rather than cut their salaries. Veteran reporter Dave Meltzer reports that some wrestlers accepted the cuts and signed new contracts. The policy has been criticized as a corporate strategy to mimic MMA’s low-pay model while top executives see multi‑million dollar increases. sport-newz.biz