Last month, AEW confirmed that they’ve signed Ric Flair to a multi-year deal, a decision that was criticized at the time. The announcement from AEW mentioned Flair’s Woooooo! Energy drink.
The deal
The WWE Hall of Famer was revealed as Tony Khan’s gift to Sting ahead of his retirement at next year’s Revolution PPV. Flair said he couldn’t pass on this opportunity and wanted to be along for the ride with Sting until his retirement at Revolution.
Following the signing, details regarding the deal started to come out as it was reported that Flair’s deal with AEW was very similar to that of Randy Savage’s to WCW in the mid-1990s, where part of getting Flair was also having the energy drink cover a significant portion, if not all of Flair’s salary in All Elite Wrestling. WCW did this for the Slim Jim sponsorship that came along with Randy Savage.
Khan on it
This is something that the AEW President spoke about during a recent interview with The New York Post.
“We’re not paying Ric Flair; Ric Flair is essentially paying us,” Khan said. “We’re getting paid by Wooooo Energy for all of his appearances, so we’re collecting revenue from them.”
