PWInsider reports that a good number of TNA wrestlers have been told over the past week that their current TNA contracts will be dropped. The contracts include a monthly guarantee on pay, but TNA is offering to replace them with per appearance deals.
TNA previously paid wrestlers a guaranteed monthly fee and then paid them per appearance. In some cases, TNA will now pay wrestlers a little more per appearance than they were already making, with the idea that it will make up for the loss of the guaranteed pay. IF TNA starts booking more dates, the wrestlers could potentially make even more money.
According to PWInsider, there are many TNA wrestlers who are not happy with the change. It’s possible that some of the wrestlers may turn down the new deals and wrap up their runs with the company. TNA still may keep top stars like Kurt Angle or Jeff Hardy under guaranteed deals but most of the company will be working under per appearance deals going forward.
Source: WrestlingINC.com
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