A question

**Rob** · 02-21-2004, 07:47 AM

WCW losing money for paying wrestlers was definately not the main reason that they lost money. At their worst period of losses in 2000, WCW's talent pay roll was about $18 million (I have no idea what a normal company's payroll is by the way so I don't know if that's high or ok) but they lost over $200 million that year. The company was just badly managed.

Remember, had WWE not made various budget cuts over the last 2 years, they would be a very non profitable company right now. That's the difference between good and bad management though.

In 1997, WCW made a profit in the area of $80 million. I don't have the exact number that was the first year that company ever made money. They made over double that over the next two years before Eric Bischoff was fired.

02-21-2004, 07:47 AM	#21
Rob Part time poster Posts: 22,963	WCW losing money for paying wrestlers was definately not the main reason that they lost money. At their worst period of losses in 2000, WCW's talent pay roll was about $18 million (I have no idea what a normal company's payroll is by the way so I don't know if that's high or ok) but they lost over $200 million that year. The company was just badly managed. Remember, had WWE not made various budget cuts over the last 2 years, they would be a very non profitable company right now. That's the difference between good and bad management though. In 1997, WCW made a profit in the area of $80 million. I don't have the exact number that was the first year that company ever made money. They made over double that over the next two years before Eric Bischoff was fired.