FINAL EDIT FOR NOW: May not be here during the NXT announcements, if anyone else wants to continue onward feel free, I'll update when I get the chance to later.
Direct link to the Fightful Select thread should anyone else wish to follow along separately - https://www.patreon.com/posts/89620353. I'll paste the details and update it also periodically:
WWE Releases Thread
Note: Due to the nature of this post, it will be made free and public.
Mustafa Ali, Emma and Aaliyah all announced their releases. Fightful has confirmed Riddick Moss, Rick Boogs, Dolph Ziggler, Shelton Benjamin and Elias were all also released.
As of 11:30 AM, Fightful heard there were still calls going on informing of releases. Many in the company who would usually know didn't appear to know who all would be subject to the releases. In the past year or so, WWE has not publicly announced releases themselves, and in many cases never actually confirmed them.
We're told some cuts were expected at the WWE PC as well.
There was some frustration among members of the roster we spoke to that WWE announced a $1.4B Smackdown deal and then cut talent. One top star said that most of the list barely had a chance considering they weren't booked, and called it a circle that couldn't be escaped.
Another brought up that the company released Emma just after the WWE Elimination Chamber show announcement in her home country.
The line of thinking from many on the roster is that WWE aligned these cuts with the announcement of Elimination Chamber and Smackdown rights fee deal in order to minimize the negative impact on the company. TKO's stock dropped from $96.23 to $88.95 by 10:10 ET after the Smackdown announcement. The stock now sits at $86.94 as of 12:20 ET as news of releases have filtered in.
WWE sources we spoke with said that mass cuts were not discussed under Triple H, and this is in direct correlation to the merger.
Several talent that we spoke to had even thought the days of mass cuts were behind them, and deals would simply be allowed to expire. That had appeared to be the method of late.
I'm not shocked, Endeavor doesn't seem to care for the Saudi's as they cut ties, including a 400 million dollar investment, with them after the journalist was murdered.
I am saddened though because MMM was hilarious and they made a good team.
Huh. Didn't realize Endeavor was less shitty than WWE in that regard. I wonder if TKO will drop the Saudi contract, or if they won't bother since the heat is off now.
I think WWE is contracted to the Saudis for another 5 years, it was a 10-year contract or so it was reported in 2018 when it started. I imagine there is a really big penalty to get out of it if it was for that long and it's more likely they let the deal expire, but, I could be wrong.