What NXT Releases Say About WWE - NewsBreak

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By Helena in Sports
Updated 3 years ago

The headlines continue this week in the world of professional wrestling, as 12 wrestlers from the NXT roster were released, the latest round of cuts that are designed to trim the budget and pad the profit margin. The rumor mill suggests that the releases over the past several months, most recently the exit of Bray Wyatt, are based on the recommendations of WWE executive, Nick Khan, who worked on the Peacock deal to secure the company an estimated $1 billion contract to give the streaming rights to NBC for five years. Within the past few years, particularly since the organization signed their massive TV contracts with USA and Fox respectively, an opportunity that was there more because of the climate of the television business than a demand for sports entertainment, the "corporate approach" had a noticeable effect on the on-screen product. We've discussed it previously, but it's much easier to book Bill Goldberg for a pay-per-view, another way to get the short-end money on the table, th

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