AEW president Tony Khan opens up about how he feels that WWE contracts are not the real deal
Tony Khan recently commented on WWE making mass releases and how he feels like the contracts are not real contracts, instead just a temporary arrangement. The AEW president has always been open about his disdain for the WWE and Khan is still not a big fan of how the company works.
While recently speaking on Busted Open, Khan spoke about the wrestlers who decide to go to WWE and their contracts. The president said:
“Anybody who signs a contract these days s not signing a real contract in my opinion. It’s a temporary arrangement. People who come wrestle with me, a lot of these people are frankly lifers and they know that. There are some people who are here and work really hard. There are some people who come in and work more than really hard.
“I feel like is their actual life and will be with me for the rest of my life. And I don’t know if everybody who works for my competition can say that. I think there are people who work there and they aren’t even sure they’re gonna be there next week. There is a lot more security with a contract here. I can’t say I’m going to extend every contract or bring every person back, but I also through the last couple of years have not been doing mass layoffs.
“Even though I’m not the most profitable company of all time. I don’t brag about being the most profitable company of all time. I do brag about bringing in a lot of revenue for a start-up and being a real success story. What I will brag about is that we haven’t been doing mass layoffs and we haven’t fired 15 people last week or 18 people the week before that. It’s not anything to be proud of when a company lets all those people go and you’re putting press releases out like that, frequently, I don’t think it’s a good thing.”
Khan talked about how the stars who with the WWE are not even sure of what tomorrow holds for them. Many superstars who have done well in the past have found themselves on the chopping board. According to Khan, it would never be the case with his company.
Khan also mentioned that even though he doesn’t run the most profitable wrestling company, he will not follow the footsteps of WWE as he believes it is not a good look for the company. The AEW president is aware of the fact that when a wrestler signs with a promotion, their life depends on the company in a major way and he won’t leave them stranded.
WWE have been doing budget cuts from the last year, even when they have never been more profitable. The company has released almost 200 members including almost 80 stars in the last year.
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