Shawn Michaels signs new 5 year contract

[Ben Rodrigues]

Shawn Michaels has signed a new 5 year deal with WWE, according to the Wrestling Observer Newsletter. The contract guarantees him a whopping $1.5 million per year. Many within WWE were said to be "shocked" at how high of a contract was given to Michaels, especially with WWE offering most talent lower money contracts these days. Michaels himself was expecting a lower money contract, and even he was said to be shocked at how large the contract offered to him was. Over the past few months, Michaels was contemplating working a lighter schedule and lessening his role in the company. However, when he received this new contract and signed it, he changed his mind on that.

Interesting.