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Old 05-09-2008, 08:16 PM   #5
Rob
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Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)Rob has a relatively large amount of rep (50,000+)
Quote:
Originally Posted by Dave Youell View Post
I was under the impression that WWE offered cash for the contracts at a lower rate than the overall amount of the worth of the contract. (i.e if a year left on a AOL contract was worth 100k, Vince would offer 50k to buy it out and offer a new lower rate contract)
The guys who didn't come in got that offer. If say Lance Storm was on 300k a year in WCW, he went to the WWF on that same contract. Nobody else was offered a buy out. The rest of the guys like Booker T and Scotty Steiner were only offered WWF deals once AOL Time Warner offered to give them X amount of pennies on the dollar of their existing deals. Once they settled with AOL Time Warner (most settlements were over 75 cents in the dollar), they talked with WCW. I'm sure that everyone aside from Scott Steiner and Ric Flair who went to the WWF agreed a buy out. Bill Goldberg took something like 97 cents on the buck.
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