Enzo talks being on salary for $1k a week despite generating $8 million in revenue on 1 shirt alone

[Legal]

In what world is anyone supposed to be okay with only getting 2.5% off something marketed off their likeness and actions?

fukk outta here with defending that shyt, breh. At this point, you could argue that their contract structure is predatory, since nearly none of the people they sign have many other lucrative career choices at the ready other than wrestling, and are discouraged from getting an agent or lawyer involved.

If this shyt were happening any nearly any other regulated industry, they would've BEEN bushed Vince for this shyt.

 

[hayesc0]

There's shyt load of expenses WWE has to pay for. They got to do it somehow.

Yep I'm not a capitalist but wwe is taking all the risk and providing the infrastructure and promoting lol.

 

[The Prince of All Saiyans]

get over it, f-ggot

 

[AKM-95]

Anything you see on TV ain't free. Or anywhere else.

I would be with you anytime but now there's no excuse WWE is rolling in money they can afford to bump merch percentages now.

 

[C-NICE]

In what world is anyone supposed to be okay with only getting 2.5% off something marketed off their likeness and actions?

fukk outta here with defending that shyt, breh. At this point, you could argue that their contract structure is predatory, since nearly none of the people they sign have many other lucrative career choices at the ready other than wrestling, and are discouraged from getting an agent or lawyer involved.

If this shyt were happening any nearly any other regulated industry, they would've BEEN bushed Vince for this shyt.

How do you know enzo im sure for most its because of wwe so he uses their platform and he gets paid a percentage for using that platform he could easily start his own wrestling company and collect 100% but I'm sure 2.5% of an ocean is much more than 100% of a pool cant complain when you using somebody else's platform.

 

[Playaz Eyez]

What if the McDonald's cook created the McLicious at his store, using ingredients readily available, and it became a national item due to its popularity?

This is a far better comparison than that other one lol

 

[Legal]

How do you know enzo im sure for most its because of wwe so he uses their platform and he gets paid a percentage for using that platform he could easily start his own wrestling company and collect 100% but I'm sure 2.5% of an ocean is much more than 100% of a pool cant complain when you using somebody else's platform.

Stop, breh.

First off, there's a reason there aren't many wrestling companies out here making money. It's incredibly difficult to really make money, especially in a climate where the biggest name in the field is actively attempting to handicap the field through anti-competitive practices (remember they tried to force MSG to flex ROH out, until Sinclair made them lean back? In just about any other industry, that's an anti-trust lawsuit just served up on a platter), and actively trying to sign away the most marketable talent, despite having no use for them.

But that aside, WWE's platform is valuable due to the exposure potential, but the talent still needs to get themselves over to KEEP their slot. So the talent is still doing the lion's share of the work. They deserve more than 2.5% for that. There's literally no other field where YOU are the one that's being marketed, the true element that makes all of it successful is YOU, and you don't even get 5% royalties. Not even music.

That still doesn't cover the fact that in wrestling, it's considered taboo to want to get an agent involved to negotiate your deal, or have the paperwork reviewed by a lawyer. This is billion dollar company in 2019 that still wants to do business like a mom and pop operation circa 1975, and they're getting away with it because their talent base simply doesn't know any better.

 

[C-NICE]

Stop, breh.

First off, there's a reason there aren't many wrestling companies out here making money. It's incredibly difficult to really make money, especially in a climate where the biggest name in the field is actively attempting to handicap the field through anti-competitive practices (remember they tried to force MSG to flex ROH out, until Sinclair made them lean back? In just about any other industry, that's an anti-trust lawsuit just served up on a platter), and actively trying to sign away the most marketable talent, despite having no use for them.

But that aside, WWE's platform is valuable due to the exposure potential, but the talent still needs to get themselves over to KEEP their slot. So the talent is still doing the lion's share of the work. They deserve more than 2.5% for that. There's literally no other field where YOU are the one that's being marketed, the true element that makes all of it successful is YOU, and you don't even get 5% royalties. Not even music.

That still doesn't cover the fact that in wrestling, it's considered taboo to want to get an agent involved to negotiate your deal, or have the paperwork reviewed by a lawyer. This is billion dollar company in 2019 that still wants to do business like a mom and pop operation circa 1975, and they're getting away with it because their talent base simply doesn't know any better.

You gave me a ton of EXCUSES enzo happily signed that contract and the wwe took all the risk when it comes to given him a slot now he did well with that slot for a VERY short amount of time but at the end of the day he made good money. I'm with you on health care because that comes with any normal job but his split on merchandise naw idk how much wwe creative input went into it and if he sells 8mill shirts I'm sure he could sell 4 million on his own now right since it was him whose doing the lion share of the marketing .I'm a businessman and I'm fair on both sides wwe is a giant company you get more exposure than any other company enzo won't complaining while he was working for the company I wonder why

 

[Legal]

You gave me a ton of EXCUSES enzo happily signed that contract and the wwe took all the risk when it comes to given him a slot now he did well with that slot for a VERY short amount of time but at the end of the day he made good money. I'm with you on health care because that comes with any normal job but his split on merchandise naw idk how much wwe creative input went into it and if he sells 8mill shirts I'm sure he could sell 4 million on his own now right since it was him whose doing the lion share of the marketing .I'm a businessman and I'm fair on both sides wwe is a giant company you get more exposure than any other company enzo won't complaining while he was working for the company I wonder why

But how is WWE taking any real risk when they legitimately have an entire separate wrestling company roster worth of people just chilling in catering every week? If someone flops, they replace their segments with ones for other people next week.

You could argue they have overhead costs for production of merch, but that's part of what their cut is for. They just don't need 97.5% of it, seeing as they have enough revenue streams creating revenue overlap to cover the supply chain for a while even if merch sales took a nosedive.

In this case, it's not about risk. It's really just about likeness rights. As an independent contractor, you are getting absolutely raped if your cut for merch is only 2.5%, maybe low to mid teens (allegedly) if you're lucky.

Besides, in business, aren't two of the things they tell you to do is make sure you're paying your taxes and your people right?

 

[Playaz Eyez]

Cats in here thinking a 98/2 is fair.
You get yourself over, cause we know it's not the trash writers and booking getting people to like you And you think it's right that the company who doesnt pay for your health insurance, doesn't pay for your travel, controls how far you go up the ladder no matter what your talent or fans say to take 97.5% of your merchandise revenue that people buy cause it's your face on it.
Yall the type of nikkas the reasons why pimps exist

This ol “iTs hOw ItS aLwAyS bEeN” ass dudes Lmaoo

 

[Jesus H. Christ]

2.5% is not even crumbs. More like fart dust

 

[Zero]

I'm no Enzo fan but the man got jerked, plain and simple :dayum:

 

[StoneColdSteveAustin]

Part of the reason they make talent pay for flights is, they cant be trusted. If you are paying up front your travel costs, you will make sure not to miss your flight

In this case you can refund them the travel coasts after they attend to a show. That way you can make sure they really come if needed.

 

[StoneColdSteveAustin]

Punk spoke on this shyt in that big podcast years ago. At this point, the wrestlers within the industry have to push for change. If John Oliver is the biggest name pushing for a change within the pro wrestling world, that’s a problem.

Well, John Oliver isn't employed by a wrestler promoter. What does he have to lose by criticizing Vince?

 

[8WON6]

Have yall seen how many people it takes behind the scenes to put on a WWE production? How many people and how much time it takes to build the elimination chamber? They have camera men to pay. they have security to pay. They have to take out insurance at all these venues. Just moving the raw and smackdown set probably cost several million a year. This isn't some indy promotion where the wrestler build the ring and they hang up a few banners. And how many wrestlers on earth get paid training? Most indy wrestlers are paying to train. There are a lot of costs to factor in that people don't think about. And most people will tell you that the 2nd contract is where you negotiate and really make some money.