Amazing: Benefits (401K) for wrestlers?

[YoungFlyFlashy]

Partial Source: Pwinsider.com Hulk Hogan was asked recently for his opinion on the engagement of ex-wife Linda to her 21-year-old beau Charlie Hill. Said Hogan: “I’m ecstatic for her, I’m very happy for them. I think they’re perfect for each other. I wish them the best.” I smell sarcasm. Seven names have been confirmed as signing with the upstart Florida promotion being run by Sean Davis: Booker T, Paul London, Rocky Romero, Sonjay Dutt, Super Crazy, Hijo Del Rey Misterio and 2 Cold Scorpio. There are reportedly some younger talents who have also signed, but they remain unconfirmed. Also unconfirmed is the rumour that some big-name Ring of Honor talents have signed with the new promotion. The contracts reportedly to not kick in until October, which suggests that the project will get underway then. No dates or locations have been set for tapings yet. The plan as it stands is to expand beyond Florida and to try and get a national TV deal, though those involved realise that the deal won’t happen overnight. Indications are that the promotion does not intend to buy a TV slot, a move that has killed off several new promotions. Reports say that the secrecy around this promotion is due to the promotion not wanting there to be a big buzz around it. That buzz would leave fans anxious for the promotion to start while they are still building the infrastructure of the company. One big thing that is rumoured is a benefits package for wrestlers that includes full medical coverage and a 401k, as well as stock options. This package was something Milton Wilpon wanted after hearing the stories from older talent on how they were treated.

WOW! Could this be a new way of doing business?