WWE talent should avoid picking up the fine today.
During WrestleMania 39 weekend, the sale was officially announced as Vince had accepted an offer from Endeavor of 21 billion dollars for the company. Now, the merger with the UFC to form a new company, TKO Group has finalized as the company will now start trading on the stock market.
With the deal finalized, many fans have been awaiting news on budget cuts. Now, we know more as Haus Of Wrestling have now reported that the talent cuts could begin as soon as today.
While inquiring about whether there would be talent releases as well the expected staff releases, a WWE source said that “major cuts” are expected to the WWE main roster and NXT brand. It was not explicitly said that the cuts would be coming tomorrow, but they have been planned for some time. One source spoken with speculated that Endeavor could lay off a bunch of Stanford employees tomorrow and then wait to release talent at a later date, but that was purely speculation.
Haus Of Wrestling
We will have to wait and see how the new company will change the way things are ran in both the professional wrestling and mixed martial arts juggernauts in the WWE and the UFC.
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