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#Post#: 32028--------------------------------------------------
Backstage Report: Major Changes To TNA Contracts & How The
Wrestlers Get Payed
DIR By: tnafanforum
Date: July 21, 2015, 11:13 am
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According to sources, much of the TNA roster have been informed
over the last week that their current TNA contracts will be
changed. The contracts, which include a monthly guarantee, will
be dropped by TNA. In their place, TNA is offering
per-appearance deals.
Under the old contracts, TNA paid talents a monthly guarantee
and then paid them additionally per appearance. So how it worked
was if a talent did not work during a month, they got their
guarantee, if they worked 5 dates, they then received the
guarantee and their fee for the five dates. Some have stated
that TNA will now pay talents a little more per appearance than
they were, with the idea that it will make up for the loss of
the gurantee
Several talents reportedly aren’t happy about the change, due to
the loss of the monthly guarantee. Some of these talents could
opt to not take the new deal and finish up with the company.
This is part of TNA changing the way they run the company from a
financial standpoint, since they are only producing TV and not
running live events at the current time.
With that being said, top talents like Jeff Hardy and Kurt Angle
will likely still keep their guarantee.
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