Interesting Info about the WWE Bra$$

[Guest RavishingRickRudo]

Vince is making 1,085,000 (plus 855,500 for "talent fees") *

Linda is making 750,000 **

Kevin Dunn is making 497,917

JR is making 318,333 (plus 279,158 for talent booking and announcer fees) ***

 

*Mr. McMahon’s agreement is for a term of seven years, ending October 14, 2006

 

**Mrs. McMahon’s agreement is for a term of four years, originally ending October 14, 2003 and renewed pursuant to its terms until October 14, 2004.

 

***Jr's contract ends October 29, 2006. He originally received a salary of $200,000, which has increased over time to $330,000. Mr. Ross is eligible to participate in the pool of fees paid by the Company to talent for live events. Mr. Ross is also eligible for royalties relating to products bearing his name and/or likeness. If the Company were to terminate Mr. Ross’s employment without cause, he would be entitled to one year’s continued salary.

 

Shane B. McMahon is now EVP of Global Media (July 2003).

 

Vince owns 99% of Class B stock (10 voting rights, as opposed to 1 voting right for class A) which is 54,213,537 shares.

 

Linda owns that other 1%.

[Guest CronoT]

Vince owns 99% of Class B stock (10 voting rights, as opposed to 1 voting right for class A) which is 54,213,537 shares.

 

Linda owns that other 1%.

Are we surprised by this? No.

[Guest Anglesault]

Vince owns 99% of Class B stock (10 voting rights, as opposed to 1 voting right for class A) which is 54,213,537 shares.

 

Linda owns that other 1%.

Is there some legal thing where he can't own it all?

[Guest CronoT]

Vince owns 99% of Class B stock (10 voting rights, as opposed to 1 voting right for class A) which is 54,213,537 shares.

 

Linda owns that other 1%.

Is there some legal thing where he can't own it all?

You mean like a conflict of interest? Maybe.

[Lil' Bitch 0]

JR is making 318,333

 

Damn...

 

*wonders how much the other commentators make.

[Guest RavishingRickRudo]

I don't really think you can Monopolize your own company.

[Guest Dangerous A]

JR is making 318,333

 

Damn...

 

*wonders how much the other commentators make.

Not nearly as much, but JR is also director of talent, so he makes more.

[Guest RavishingRickRudo]

JR basically makes $600,000 a year plus he owns a bunch of stock (less than 1% but owns more than 60,000 shares) where he could make over $100,000 if he sold them (it was part of an employee benefit plan).

 

I guess that's what you get when you kiss the bosses ass...

[Guest Mulatto Heat]

Didn't JR leave (and then bash) WCW because of the ass-kissing?

[Guest Boo_Bradley]

I'd like to see how you guys act around your boss.... How's minimum wage treating ya?

[Guest DrainYou42]

How's minimum wage treating ya?

Great, Thanks

[Guest RavishingRickRudo]

I MEANT LITERALLY!!!

 

Jesus Christ, no one remembers the KMA club?

[Guest Ripper]

Oh okay. Cause if you meant figuratively!!!! *Shakes fist*

[Guest CanadianChick]

I MEANT LITERALLY!!!

 

Jesus Christ, no one remembers the KMA club?

I blocked that out of my memory, but then YOU had to go and bring it up. I hate you.

[Guest Sushi X]

JR basically makes $600,000 a year plus he owns a bunch of stock (less than 1% but owns more than 60,000 shares) where he could make over $100,000 if he sold them (it was part of an employee benefit plan).

Agreed, plus the dividend that was paid out in June was only 0.04 cents a share. Which is only about $2400 for 60, 000 shares.

The only concern that JR would have is that he better of bought them lower that the current price of $9.50 approx.

[Guest JDMattitudeV1]

And some wrestlers are struggling to break even with road expenses, because of the incompetence of this lot. There is no justice in the world (or maybe just the WWE).

[Guest JAxlMorrison]

*Mr. McMahon’s agreement is for a term of seven years, ending October 14, 2006

 

**Mrs. McMahon’s agreement is for a term of four years, originally ending October 14, 2003 and renewed pursuant to its terms until October 14, 2004.

Technically, does that mean their contracts might not be renewed? I don't understand why the owners (Vince and Linda) would even be under contract to themselves.

[Guest AndrewTS]

*Mr. McMahon’s agreement is for a term of seven years, ending October 14, 2006

 

**Mrs. McMahon’s agreement is for a term of four years, originally ending October 14, 2003 and renewed pursuant to its terms until October 14, 2004.

Technically, does that mean their contracts might not be renewed? I don't understand why the owners (Vince and Linda) would even be under contract to themselves.

They don't HAVE to run WWE themselves.

 

However, in most publicly traded companies the board of directors can replace the CEO and other persons in positions of power within the company if they are doing a poor job of running it. However, since the majority of stock is still owned by the McMahons, it just turns into Linda making excuses, WWE doing nothing about the complaints, and most stockholders with sense selling off the stock.

[Detective Comics 0]

I'd like to see how you guys act around your boss.... How's minimum wage treating ya?

I'm a prick to my bosses, they suck and I make sure to let them know. In fact, I think I will call out today and go to a party instead!

[Guest Choken One]

And some wrestlers are struggling to break even with road expenses, because of the incompetence of this lot. There is no justice in the world (or maybe just the WWE).

Like Who? I haven't heard of seen one wwe talent complain about making ends meet.

 

Mysterio makes 75,000 and have you seen him home? I say he is doing well...

[Guest JaKyL25]

I have no idea what he was making then, but keep in mind that Rey also spent a decent chunk of time in WCW, where MIKEY WHIPWRECK got $400,000 for a few matches.

[Guest JDMattitudeV1]

And some wrestlers are struggling to break even with road expenses, because of the incompetence of this lot. There is no justice in the world (or maybe just the WWE).

Like Who? I haven't heard of seen one wwe talent complain about making ends meet.

 

Mysterio makes 75,000 and have you seen him home? I say he is doing well...

I think it was one of the main 3 (Torch, Observer or 1 wrestling) who said the other week that some guys are barely making enough to cover their road expenses. Aparently the poor WM buyrate really hurt some guys pay packets. The reason you haven't heard anyone publicly complain about it is because if they did they would be fired, no questions asked.

[Guest The Tino Standard]

I'm more blown away that Kevin Dunn is making nearly a half million a year. Somebody should take him, his fat paycheck and his lame-ass sports entertainment ideas and toss them all in front of an oncoming truck.

[Guest RavishingRickRudo]

The WWE's production is one of the few good things they have. Kevin Dunn is a major reason for that.

[Guest Choken One]

The WWE's production is one of the few good things they have. Kevin Dunn is a major reason for that.

He was also somewhat responsible for Katie Vick.

[Guest RavishingRickRudo]

From what I hear, HHH and McMahon are responsible.

[KTID 0]

From what i hear, the war is responsible.

[Guest The Tino Standard]

For every good thing Kevin Dunn has been responsible for, he's also been behind things like Katie Vick and the JR being burned by Kane segment.

 

He had a nice run, but the bad is starting to outweigh the good.

[Guest Choken One]

Dunn is good for Production Shit...NOT Creative...

[Guest EricMM]

Do the wrestlers have to pay for their own flights and hotels?

 

If so, constant traveling would get expensive.