Expect WWE to make more talent cuts, warns Ross
Jim Ross has posted his latest blog at his official website, addressing a number of topics.
As we’ve been reported over the past couple of weeks, WWE have recently released a number of wrestlers with more likely to follow as the company look to cut costs.
Ross wrote: “A fan wrote me and asked if I thought that there would be more talent cuts within the WWE soon and my honest and direct answer is that I don’t know. However, if forced to make a prediction I would think yes and that unfortunately, but honestly, it isn’t a bad thing to change the bottom and then the middle of the lineup at least annually. Roster “upgrades” was always my goal when I worked in talent relations as it is today. However, the more cooks in the kitchen regarding who goes and who stays makes it more difficult in my opinion.
“The hardest part of the talent relations job for me was giving an individual the bad news that they were being released. I disliked that aspect of the job immensely. Years ago when former or active wrestlers had the responsibility of saying adiós to talents some of those individuals seemed to actually enjoy their power trips and providing bad news. Looking at it in hindsight, most of these men who were in positions of power were bullies at heart with low self esteem.”
As part of WWE’s cost cutting exercises, the Smackdown announcer added: “It is my understanding that we are taping two episodes of Friday Night Smackdown in Albany, New York on Tuesday night which might become something that occurs on a more regular basis as a means of being a cost cutting measure. That sure works for me as it means one less week on the road.”
As noted yesterday, WWE’s stock price closed on Thursday at $9.31 – down nearly 10 per cent for the day and WWE’s lowest price in years.
You can read Ross’ blog in full by clicking here.
Phil Lowe
phil@ifight365.com
