Major revelation regarding WWE’s contract restructuring revealed 

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“Let’s talk about the pay for the superstars and our fighters first. What I would tell you is post our new deals with ESPN on WWE and with Paramount+, CBS, Peacock, Sky with UFC, and even a little bit post Raw with Netflix, we did resize our fighter and superstar pay composition. That is baked into our numbers. So there will be no further adverse impact with regard to how that plays out or divvies out. We’re confident with where we sit. We have 600 fighters as an example in our stable at the UFC,” he said.

Shapiro also disclosed that the company relied on development and discussed the NXT brand.

“We do, to your point, really rely on development. Keep in mind that when you look at the WWE, 75% of the superstars come from NXT. So they’re starting in our development league and going all the way up. So pipeline is very important to our strategy,” he added. (H/T: Investing.com)

There have been rumors that The New Day and Sheamus were offered pay cuts to remain on the company’s roster and elected to go elsewhere. The promotion also cut several NXT stars from the roster earlier this week.

Mark Shapiro reveals if he regrets major WWE decision

TKO’s Mark Shapiro shared that he had no regrets about the company’s decision to have WrestleMania in Las Vegas two years in a row.

In an interview with Yahoo! Finance, Shapiro revealed that he did not have any regrets about the company’s decision to have WrestleMania in Las Vegas again.

“Absolutely no regrets on going back [to Las Vegas for WrestleMania 42]. The only reason you’re hearing some of, ‘Hey, it’s not what it was last year,’ it’s because we’re not benefiting from the first mover experience,” he said. (H/T: ITRWrestling)

It will be fascinating to see if there are any more changes to the company’s roster in the weeks ahead.