Thread: WWE Black Wednesday - Talent Releases
View Single Post
Old 04-23-2020, 10:18 PM   #273
Emperor Smeat
Former TPWW Royalty
 
Emperor Smeat's Avatar
 
Posts: 66,588
Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)Emperor Smeat makes a lot of good posts (200,000+)
Based on WWE's financial report earlier today, WWE releasing a sizeable portion of their roster and furloughing a lot of staff looks even worse than before.

Still made over $100 million in revenues for the fiscal 1st quarter compared to last year.

Even WWE's dividend ended up being higher than needed if WWE was that desperate to save money for coronavirus reasons. Meltzer mentioned earlier in the week that WWE could have cut it in half and used that saved money to easily pay all the talent they released for at least the next 2 years.
Emperor Smeat is offline   Reply With Quote