Vince McMahon revealed in today’s earnings call that there would be a number of WWE releases in line with the recent issues surrounding the company since WWE now has to find a way to put back the money that they have lost throughout the current global pandemic.
The talent releases came first with a number of big names released including Karl Anderson, Luke Gallows, Heath Slater and Lio Rush. WWE continued to cull their employee pool by announcing that a number of other names have been released including backstage producers and staff.
Kurt Angle, Sarah Logan, and Aiden English were added to the list on WWE.com, while PWInsider added Mike Rotunda, Billy Kidman, Dave Finlay, Pat Buck, Shawn Daivari, Scott Armstrong, Sarah Stock, Shane Helms, Mike Chioda and Lance Storm.
There are rumors circulating that state that a number of these stars could be welcomed back to the company when there is a sense of “normal” which could be when the COVID-19 pandemic is in the rear-view mirror and WWE fans are able to return to the arena.
The losses that WWE felt having WrestleMania at the Performance Center rather than in an arena and now looking at a future where they could be presenting Money in the Bank in an empty arena next month as well.
There is a belief that these are not the final releases since names continue to filter through as WWE looks to cut around $4 million a month in the hopes that they will be able to continue as normal with the names that they are then left with.
Many of the above list has been employed in the wrestling business for decades, with Finlay being part of the business for more than 45 years. It’s a shocking time for many WWE talent and backstage staff, who have begun to comment online.