Roman Reigns is undoubtedly the biggest star in WWE and he obviously gets paid a ton of money for his work. However, it appears that TKO want to renegotiate his current contract.
While speaking on Lucha Libre Online, Hugo Savinovich said he was at the gym when he started receiving some surprising information. The details came from Lucha Libre Online President Javier Gonzlez and Vice President Michael Morales. Savinovich noted that the more he looked into it, the more shocked he and it all had to do with Roman Reigns.
Savinovich noted that on The Last Word podcast, hosted by Jonathan Coachman and Tommy Carlucci, TKO executives are rethinking how they handle Roman Reigns contract. They dont plan to release him, but they also dont want to keep paying him $15 million a year.
Savinovich explained that Roman Reigns base salary was $5 million. On top of that, he earned extra money from pay-per-view matches, video game deals like WWE 2K, promotional events, merchandise where he received 30% from sales, and bonuses for international shows like those in Saudi Arabia. He also earned a share of ticket sales. Altogether, this added up to around $15 million a year.
Savinovich noted that even outside WWE, Roman Reigns was a strong brand. He had agents, but WWE still managed his outside deals and took a cut. Even then, Roman still made millions. He was also being considered for another Hollywood movie, and WWE would again take a share of those earnings since he was under contract.
Savinovich says TKO is trying to cut costs. Theyve already released some talent, and there are rumors of more to come. He also points out that WWE executive Nick Khan recently sold $4 million in stock, which got people talking.
At this point, TKO is said to be asking: If Roman wasnt working full-time, why were they paying him full-time money? Savinovich noted that because of that, they want to renegotiate Reigns contract.
We will have to wait and see whether TKO will actually end up renegotiating Roman Reigns contract eventually. In the meantime, fans are just waiting to see when Reigns will return to WWE television as hes been absent since the RAW after WrestleMania 41, whereSeth Rollins and Bron Breakker worked together and beat him down.
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Do you think Roman Reigns is worth the $15 million per year, even as a part-time performer? Please share your thoughts and feedback in the comment section below.
