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That's how they keep posting record profits. Income is down, so slash costs to keep profits high.
However at some point it will turn sour. The WWE is still losing fans, and therefore it's income base. The further this base dwindles, the lower salaries will become until morale does hit the point where they won't stand for it.
Either that or existing contracts will keep salaries at the same rate while income drops and therefore profits drop and shareholders get pissy. I bet if you look at the salaries of other workers, such as cameramen and office staff, they will also be feeling a pay squeeze.
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