Original: After several TNA talents have denied that TNA pays most of the wrestlers on pay-per-appearance only contracts, a report by Pwinsider.com claims that TNA has changed the contracts with talents to pay-per-appearance deals. A sizable portion of the roster has been informed over the last week that their current TNA contracts, which include a monthly guarantee, will be dropped by TNA. TNA is now offering per-appearance deals.
In the past, TNA would offer the talents a monthly sum of pay as well as an extra sum of pay when they appeared on a TNA show. Now, the talents will only get paid when they work TNA show. This change has talents trying to book more indy dates to make up for that monthly sum of payment that they will not be getting any more. Of course, the reason for this is because of TNA’s financial issues. TNA will probably keep some of their bigger talents under those guaranteed deals, but most of the roster will be getting their contracts restructured.
Update: if you are not a top guy in TNA then you would’ve been paid between one and two thousand dollars per month along with your pay-per-appearance deals. If you were a top guy then you would’ve been paid more monthly than that of a mid-card talent. The belief is that Jeff Hardy and Kurt Angle never got a call from TNA informing them of a change to their contracts, so they’ll still get paid under their existing guarantee.
TNA management has told talent that they expect to run more shows so that should make up for the money they are not getting. I would think that the talent would be skeptical of this considering the stories that have been going around about late pay and all of the cutbacks this year with production and live events.
News from The Wrestling Observer website was used in this post. For more on this story please visit WrestlingObserver.com. Dave Meltzer and Bryan Alvarez’ WrestlingObserver.com is the leading source for professional wrestling news. Click here for subscription information. Members get exclusive access to insider news from Dave Meltzer and Bryan Alvarez, daily audio shows, breaking news audio, the Wrestling Observer newsletter, newsletter archives, thousands of hours of archived radio shows, and much more.
