More On WWE’s Massive Budget Cuts & Changes

Source: The Wrestling Observer Newsletter

UPDATE: In another cost-cutting move, WWE changed the pre-and-post shows for RAW from being filmed live in the arena to a studio setting. The SmackDown pre-and-post shows were canceled.

Additionally, WWE did not hold a post-show or press conference after Money In The Bank this past Sunday, as they went from the conclusion of the live broadcast directly into a replay of the pay-per-view.

As a result of Josh Mathews’ WWE release, Renee Young will now be hosting the RAW and PPV pre-and-post shows on the WWE Network. It’ll be interesting to see what they do with Alex Riley, Booker T and others as it obviously costs money to fly them in. In Booker T’s case, he’s being flown in from Texas which is going to cost a good amount of money depending on the locations he’s needed at.

ORIGINAL: Word going around is that Vince McMahon has ordered major cutbacks across the board in WWE, far beyond the cuts that have taken place so far.

The dollar figure floating around that McMahon would like to slice off of the current budget is said to be into the eight figures, meaning tens-of-millions of dollars.

The motivation for the cuts is to offset the losses involved in starting up the WWE Network, as well as offsetting the amount involved in the new television deal, as the company had promised a significantly larger number prior to finalizing their current deal.

MAJOR UPDATE – WHO’S NEXT TO BE FIRED?!, MAJOR MAIN ROSTER CUTS COMING – ZACK RYDER, SANTINO MARELLA & MORE!!