How Much Money WWE Saved Through Roster Cuts

That was kind of the point. On Wednesday, WWE underwent one of its biggest shakeups in history, with nearly thirty wrestlers being released from the main roster alone, plus several producers being furloughed and several NXT wrestlers being let go as well. It changed a lot of things about the company and several people were not happy. WWE seemed to be though, as they have accomplished a goal.

As you probably figured out, the cuts were designed to save WWE some money. That might not sound like the nicest thing in the world given how much money WWE has and also brags about having, but with so many revenue streams cut off at the moment, it isn’t exactly a surprise. The company needs to save some money in this situation, but how much did they exactly save?

According to Dave Meltzer via Twitter, WWE is saving about $703,000 per month on all of the cuts. When added together with other cost cutting measures, including no longer moving their headquarters to a new office, the savings goes up to about $4 million per month. There is no word on how many names were cut from NXT, though some names have already confirmed their exit from the company via social media.

The talent cuts will save them about $703,000 per month, $4 million includes all expenses cut including expenses of moving into a new office. https://t.co/5AD9Eie1mc

— Dave Meltzer (@davemeltzerWON) April 16, 2020

It was all about the money. Check out a little Ted DiBiase:

Opinion: This is something where you can see the logic from a business sense, but at the same time, there was always going to be some major backlash. At the end of the day, WWE spends a lot of time bragging about how much money they have. To go from literally making millions of dollars a week from television to cutting people to save less than a million dollars a month is not going to look great, no matter how they spin it.

Which cut surprised you the most? Who will be the most valuable free agent available? Let us know in the comments below.

Thomas Hall has been a wrestling fan for over thirty years and has seen over 50,000 wrestling matches. He has also been a wrestling reviewer since 2009 with over 5,000 full shows covered. You can find his work at kbwrestlingreviews.com, or check out his- Amazon author page with 30 wrestling books. Get the latest and greatest in professional wrestling news by signing up for our daily email newsletter. Just look below for “GET EXCLUSIVE UPDATES” to sign up. Thank you for reading!