Vince McMahon ready to release ‘just about anyone’ amid COVID-19 crisis

In major budget cuts related to coronavirus pandemic, WWE released around 40 percent of its staff. WWE let go of a number wrestlers and producers including former United States Champion Rusev, Hall of Famer Kurt Angle, former WWE champion Zack Ryder, Erick Rowan and O.C. (Luke Gallows, Karl Anderson), among ors.

After news went viral, fans took to Twitter and criticised company. Several WWE superstars also took to social media saying that it is a ‘very dark day for WWE’. Despite major cuts and criticism, WrestleVotes earlier revealed that WWE Chairman Vince McMahon and his team are rey to let go "just about anyone" who wants to step back at this time.

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Fans have failed to understand why Vince McMahon is taking se steps since, according to Sun, WWE alrey h around $434 million (£400 million) in cash reserves when pandemic began. Reports also suggested that after firing 21 superstars, WWE saved only $3.2 million (£3 million). Brock Lesnar ($10 million) highest-earning WWE superstar, earns three times more than  21 released superstars combined.

Speaking on budget cuts, WWE anunced that organisation is taking various measures to improve its cash flow. WWE said organisation is ‘reducing salaries of executives and board members, decreasing operating expenses, cutting talent expenses, third party staffing and consulting, and deferring spending on construction of company's new hequarters for at least six months.’ Interestingly, re have been reports that Vince McMahon has put WWE up for sale, owing to his recent troubles. WWE up for sale reports come as WWE and Vince McMahon are being hit with multiple class-action law-suits.

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WWE release list: Here’s list of superstars and producers WWE released

Drake Maverick, Curt Hawkins, Zack Ryder, Heath Slater, Luke Gallows, Karl Anderson, Rusev, Way Jose, Sarah Logan, Mike Kanellis, Maria Kanellis, Aiden English, EC3, Lio Rush, Eric Young, Primo Colon, Epico Colon, Erick Rowan, Deonna Purrazzo (NXT), Aleksandar Jaksic (NXT), MJ Jenkins (NXT), Josiah Williams (NXT), Mike Chioda (Referee). Kurt Angle, Lance Storm, Mike Rotunda (IRS), Sarah Stock, Dave Finlay (Fit Finlay), Shane Helms (Hurricane), Pat Buck, Shawn Daivari, Scott Armstrong, Lance Storm

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