Eric Bischoff says Vince McMahon had no choice but to release WWE Superstars


WWE has been releasing a number of employees over the past few months, including WWE Superstars. It began in April with the release of superstars such as Chelsea Green and Mickey James. An incredible number of talents have been released this year.

In June, WWE held another round of cuts from the company, which included several big names. They include Alistair Black and Buddy Murphy. Unfortunately, WWE released several superstars a couple weeks ago. This includes Nia Jax, Carion Cross, Keith Lee, Mia Yim and more.

Not only that, WWE released even more talent last week. This includes John Morrison, Drake Maverick, Jackson Ryker, Tegan Knox and more.

While speaking at 83 weeks of podcast, Eric Bischoff spoke about WWE’s latest batch of releases. Eric Bischoff said that unlike Tony Khan, Vince McMahon had no choice but to release his talent, and the WWE has a fiduciary responsibility to its shareholders.

“I understand what Tony is saying and I applaud him for taking care of his talent. How can that be a negative thing, it’s not. But here’s the reality, again: WWE is a publicly held company, not AEW. Does Vince McMahon personally want to release this talent? I’m not saying he does or doesn’t, but he has no choice.

Tony Khan must manage his business in the most appropriate manner. There is a big difference between the two and I think criticizing WWE for maintaining a fiduciary responsibility to their shareholders, whether or not you believe it is setting them up for potential sale, is to get that point out. To criticize the WWE, they have to manage the budget in a way that benefits their shareholders and the way they manage their budget by law. Criticizing the WWE for that is understandable but not the whole story.

More than 80 talents have been released from the WWE so far. WWE has decided to release as many talents as they can at this time and they are not likely to stop anytime soon. Unfortunately, we’ll have to see who’s next in the chopping block.

to h / t LOVEBYLIFE. For references.

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November 24, 2021 11:33 am

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