For the past few months, WWE has been releasing several talents from their contracts, which began with the likes of Mickie James and Chelsea Green being released back in April. Bobby Lashley gave useful advice to those who were released as well.
The company released even more NXT Superstars in their latest batch of releases, including the likes of Bronson Reed and Bobby Fish. In total, WWE has released 52 Superstars so far this year.
Thanks to so many WWE releases, AEW has managed to hire the likes of Malakai Black, Andrade El Idolo, Miro and more former WWE Superstars who were not utilized properly in WWE.
While speaking on the Le Batard & Friends – South Beach Sessions podcast, AEW President Tony Khan shared his thoughts on WWE releasing so many talents. Khan stated that WWE had to maximize their profits by letting talents go.
Khan added that WWE simply had far too many talents and it wasn’t possible for them to keep all of the Superstars.
“Well, they had a really big roster and they’ve chosen to try to maximize their profit margins by letting talent go to reduce the amount of cost they have due to talent. So they had a lot of really good people and they’re making choices about why people have value to them. So I can’t say what number they’re trying to hit, but they’re definitely trying to hit a number there. So I think it’s about profitability, and they’re making choices I’m sure they don’t necessarily want to make, but they’ve let good people go in the process, absolutely.
I think I can actually put them over and give them some credit here because they can’t keep every wrestler under their thumb, they just couldn’t do it. They tried to sign so many people and had cast such a wide net for so long, that inevitably, somebody with money and connections was going to be able to come in and start a wrestling business. The disconnect [for any other potential start-up], would be they were probably going to have to pass it off to somebody else to run the business. One of the real things I had going when we launched this company was all the institutional knowledge I’d built up over the years. You know, Dynamite is a show I’ve been writing on paper for over 25 years for 26 years, and Rampage, its sister show, is a show I conceived over 10 years ago. So I’ve been wanting to do this my whole life and I really just needed somebody to believe in me, which was TNT/WarnerMedia. I don’t think it was really possible to stop me in this case, because, you know, I would have found a media partner, I would have found wrestlers who wanted to work with me, and I would have been able to launch a show.”
Tony Khan already stated that AEW is finally giving WWE proper competition, which will help pro wrestling in general. Even Paul Wight claimed AEW has the momentum after recent WWE releases. We will have to wait and see how AEW will continue to turn heads with their decision in the coming months.
h/t to Fightful for the quotes