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Released WWE Superstar claims he was set to make $1 Million PER YEAR before firing

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In a startling revelation, former WWE Raw Tag Team Champion Matt Riddle disclosed that he was on the brink of earning a staggering $1 million per year with WWE before his unexpected release.

This news comes in the wake of Riddle’s departure from WWE, which occurred under controversial circumstances amid budget cuts following the TKO merger.

WWE News: The Impact of the TKO Merger on Riddle’s WWE Career

Riddle’s release, which took place on September 21, has been a topic of much discussion in the wrestling community.

Speaking on The Kurt Angle Show, Riddle reflected on the factors that might have influenced WWE’s decision. He acknowledged that the TKO merger likely played a role, especially considering his strained relationship with Dana White, a key figure in the merger.

Riddle also mentioned that WWE was already planning budget cuts, and his substantial salary might have been a contributing factor.

Riddle’s Financial Upswing and Subsequent Release

Before his release, Riddle was on an upward financial trajectory in WWE. He recounted a meeting with John Laurinaitis, where he expected reprimand but instead received news of a significant pay raise.

This raise was set to bring his annual earnings to $1 million, a substantial increase from his previous $750,000 salary.

Riddle believes this raise, combined with the merger and his own behaviour, which included some issues with HR, were key reasons behind his release.

WWE News: New Beginnings for Matt Riddle

Despite the setback, Riddle has embraced new opportunities. He has already made appearances for Major League Wrestling (MLW) and New Japan Pro-Wrestling

(NJPW), demonstrating his resilience and adaptability in the wrestling world. His next significant challenge is set for February 23, where he will compete against Hiroshi Tanahashi for the NJPW World TV Championship at NJPW New Beginning in Sapporo.

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FAQ

  • What was Matt Riddle’s projected annual salary with WWE?
    • Riddle was set to earn $1 million per year.
  • Why was Matt Riddle released from WWE?
    • His release was due to a combination of factors, including budget cuts following the TKO merger, his high salary, and some issues with HR.
  • What is Matt Riddle’s next professional move?
    • He is currently making appearances in MLW and NJPW and will challenge for the NJPW World TV Championship.
  • Did the TKO merger affect Riddle’s position in WWE?
    • Yes, the merger and his relationship with Dana White, a key figure in the merger, were factors in his release.
  • How has Riddle reacted to his release from WWE?
    • He views it as a learning experience and an opportunity to explore new avenues in his wrestling career.
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Written by
Jack Anderson