WWE Hall of Famer Eric Bischoff recently gave his view on the recent releases made by World Wrestling Entertainment.
Recently WWE released six of their active wrestlers from the roster. Among them Braun Strowman and Aleister Black were really shocking to know. The four other wrestlers that have been released from the roster where Lana, Buddy Murphy, Ruby Riott and Santana Garrett.
Eric Bischoff Speaks On The Recent Releases
The release of Braun Strowman and Aleister Black has to be one of the most shocking decisions ever taken by WWE. Braun Strowman is one of the biggest names in WWE right now, and he has been on the main events constantly for quite a long time. Release of Braun Strowman could never be expected by anyone.
Another shocking name among the wrestlers that have been released by the WWE has to be Aleister Black. WWE kept promoting his return via promo packages for months. He just made his return two weeks ago on SmackDown. Fans were expecting to see an amazing feud between Black and Big E.
Professional wrestling Legend Eric Bischoff recently spoke on 83 Weeks where he talked about the releases made by WWE. Here is what Eric Bischoff had to say;
“I think, if I’m involved in some of the decisions to try to get that stock price up, I’m looking at talent roster, which is a significant part of expenses in WWE. I’m thinking to myself, ‘Wait a minute, we’re not gonna be touring the same way we used to.
“I need to start making good decisions. We have 300 people under contract, perhaps that’s too many.’ Maybe there was a reason for it. Maybe the emergence of AEW a couple of years ago. The awareness of the unknown and not being sure what AEW was gonna mean or not sure what that impact was gonna be.
“I would agree that locking up some talent, or perhaps paying more for that talent than I might otherwise pay, makes sense. But now we know what AEW is, and that’s not discouraging in any way. I think [WWE] probably went, ‘OK, we need to shore this business model up and make some adjustments.’ The world is a different place.
“I’m more convinced now than I was last week that what WWE is doing is aggressively managing their business model…..I think when the dust settles, we’re gonna see WWE stock price back to where it was pre-COVID and a new touring model that makes more sense in the long run. I don’t think WWE is going anywhere, at least not in the near future.”
Credit: 83 Weeks. H/T 411Mania.