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Post by Joe Neglia on Apr 16, 2020 3:01:29 GMT -5
GROUND RULES: MUST READ BEFORE POSTING1. DO NOT POST RELEASES UNLESS THEY ARE CONFIRMED BY THE WWE OR A HIGHLY TRUSTED SOURCE. A RANDOM POST ON TWITTER IS NOT A TRUSTED SOURCE. 2. DO NOT SPECULATE ON FUTURE RELEASES OR WHO YOU THINK MIGHT GET CUT.3. DO NOT POST "WHY WASN'T (NAME OF WRESTLER) FIRED INSTEAD?"-TYPE POSTS. THIS INCLUDES ANY VARIATIONS OF WORDING, INCLUDING "I'M SURPRISED (NAME OF WRESTLER) IS STILL THERE"4. FAILURE TO HEED ANY OF THE ABOVE WILL RESULT IN A SUSPENSION.5. These are VERY trying times for everyone. We understand that everyone is on edge due to the current situations, inside and outside of the WWE. Please take that into consideration when debating your fellow posters in this thread.----------------- With that out of the way, here's the current, confirmed list of releases, including "furloughed" backstage employees. Mods will edit/add to it as more are confirmed. We're keeping the first (locked) thread pinned for now as well for easier access. TV Roster Talents Released:Aiden English Cain Velasquez Cezar Bononi (NXT) Curt Hawkins Curtis Axel Deonna Purrazzo (NXT) Drake Maverick EC3 Epico Colon Eric Young Erick Rowan Heath Slater Josiah Williams (NXT) Karl Anderson Kassius Ohno (NXT) Kat Marino (NXT, aka Kathy Campanelli) Kurt Angle Lio Rush Luke Gallows Maria Kanellis Mike Kanellis No Way Jose Primo Colon Rusev Sarah Logan Taynara Conti (NXT) Tino Sabbatelli (NXT) Zack Ryder Performance Center Talents Released:Aleksandar Jaksic Dorian Mak Edgar Lopez Faisal Kurdi Hussain Aldagal Marcos Gomes Mars Wang MJ Jenkins Mohamed Fahim Nick Ogrelli Rachael Evers (Rachael Ellering) Rocky Agents/Trainers Released:Ace Steel Billy Kidman Dave Finlay Gerald Brisco Kendo Kashin Lance Storm Mike Rotunda Pat Buck Sarah Stock Scott Armstrong Serena Deeb Shane Helms Shawn Daivari Announcers/Interviewers Released: Alyssa Miles (NXT) (Miles was originally listed numerous places, but that appears to be a mistake caused by the similarity of her name with Kat Marino's real name (Alyssa Marino). Leaving this here to help clear up that issue Jerry Soto Jon Quasto (NXT) Nigel McGuinness Referees Released:Mike Chioda Writers Released:Andrea Listenberger Various Crew Released:Kerwin Silfies (Director of TV) Original "Part 1" thread: officialfan.proboards.com/thread/599376/official-covid-cuts-thread-counting
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Post by This Player Hating Mothman on Apr 16, 2020 3:10:09 GMT -5
Had been working on this comment when the thread got closed: I agree with the sentiment here. Vince just declared bankruptcy in the XFL to get out of paying a ton of people's salaries, while being nowhere close to how much money he allotted to run the league for 3 years. And just donated 18.5 mil to a PAC, and ensured his FOX money by being declared "essential." You'd think he could find a way to pay some of these meager salaries comparatively. For sure, it's an awful way to go about doing things and certainly something that he should be criticised for on moral and humane grounds. From a business point of view though, he has a fiduciary responsibility to his shareholders to preserve their stock price and would have to answer to them on why he didnt make the moves he made, had he not made them. We can argue, and rightly criticise it, but there is a line between what is the right thing to do morally, and what is the right thing to do financially, and Vince (likely under advice and pressure from various lawyers and accountants) chose the financial one. In doing so, he's shown some financial responsibility, at the absolute cost of the humane thing to do. It is absolutely fair to criticise for that, but we also have to remember he has corporate responsibilities that may suck, but are still there. I'm not sure we should have expected anything else from him though. It's always about the money. Where was fiduciary responsibility when they were trying to talk people into big contract extensions right on the spot and overpaying for people they had no intention of using, to the point it caused friction in the top corporate brass and led to two by-all-reports-successful officers leaving the company? Vince's control freak impulses and possessive nature sure did take priority over fiduciary responsibility when they decided to recklessly and excessively overspend for no good reason. Nah, this is only about keeping shareholders happy insofar as he's trying to keep them from selling off when they bring back bad news next week, because he doesn't want his own personal fortune to take a big hit. Also, I can't f*** with the idea of "It's not the moral thing to do but it is the financially responsible thing to do and we have to keep that in mind". f*** shareholders right now. f*** the weird greedy billionaire who decided his possessive war for the whole of professional wrestling was finally inconvenient to him and has now left a bunch of people hanging in the lurch at the worst possible moment to be jobless in their lifetimes. We know the reasons this happened and corporate responsibilities are an excuse to shield greed and inhumanity from the backlash they rightfully deserve, tabling the idea this had to be done to serve shareholders is just bringing a stinkbomb to the dinner table and calling it atmosphere. Even if you concede there's reasons to criticize, the idea there was a good reason to not do the right thing is crap.
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Post by government mule on Apr 16, 2020 3:18:35 GMT -5
Would love to see Rusev Day reunited somewhere in the world someday.
I wish everyone released the very best in these unprecedented times.
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Post by Joe Neglia on Apr 16, 2020 3:18:38 GMT -5
Had been working on this comment when the thread got closed: Apologies, tried to give everyone fair warning. Also... Just because you set those kerosene-soaked rags to dry on the heater before you went to bed doesn't mean you can't be blamed for burning the house down because you were asleep. tabling the idea this had to be done to serve shareholders is just bringing a stinkbomb to the dinner table and calling it atmosphere. Your similes have been quite unique.
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Post by eJm on Apr 16, 2020 3:22:57 GMT -5
Had been working on this comment when the thread got closed: Apologies, tried to give everyone fair warning. Also... Just because you set those kerosene-soaked rags to dry on the heater before you went to bed doesn't mean you can't be blamed for burning the house down because you were asleep. tabling the idea this had to be done to serve shareholders is just bringing a stinkbomb to the dinner table and calling it atmosphere. Your similes have been quite unique. Just wait until he busts out the ones that sound way too real to not be a real life experience.
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adamclark52
El Dandy
I'm one with the Force; the Force is with me
Posts: 8,139
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Post by adamclark52 on Apr 16, 2020 3:25:10 GMT -5
Can we use a different word than “furloughed” today? Maybe one that isn’t on everyones word of the day calendar.
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Post by Joe Neglia on Apr 16, 2020 3:27:53 GMT -5
Can we use a different word than “furloughed” today? Maybe one that isn’t on everyones word of the day calendar. I hate the word. It's fake and means nothing. I only use it with quotes in the OP, and only in regards to the backstage talent that aren't on the independent contractor system, so that I don't have a thread full of "he wasn't fired, he was furloughed!" BS. But yes, now more than ever, that word simply doesn't actually mean anything other than "fired."
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Post by tekkenguy on Apr 16, 2020 3:28:43 GMT -5
I hope people will show the same anger at the Governor of Florida. Let me remind you, he won his election by 0.4%.
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Post by Joe Neglia on Apr 16, 2020 3:31:32 GMT -5
I hope people will show the same anger at the Governor of Florida. Let me remind you, he won his election by 0.4%. I think a large amount of people who've read-up on things are pretty pissed with all the situations going on with Florida. But this thread isn't about that. And it's not going to be about that.
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mattyy
Unicron
holy moly its the big homie
Posts: 3,098
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Post by mattyy on Apr 16, 2020 3:31:40 GMT -5
what gets me is how shameless they are to just let these people go during a pandemic. in a year when this has gone down, we have a vaccine, and life is normal again, yeah okay.. but during a global crisis to just be like "hey guys, we're a family, and you're essential to our company... but not essential enough. good luck! see you in a year maybe!" is just sickening.
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Post by eJm on Apr 16, 2020 3:34:21 GMT -5
what gets me is how shameless they are to just let these people go during a pandemic. in a year when this has gone down, we have a vaccine, and life is normal again, yeah okay.. but during a global crisis to just be like "hey guys, we're a family, and you're essential to our company... but not essential enough. good luck! see you in a year maybe!" is just sickening. And there’s not even a guarantee most of those people will be hired back. Companies don’t usually let positions go just to fill those same positions, especially in a time like this. And yeah, these are unprecedented times but even in terms of bringing wrestlers back, there’s a distinct possibility some of them won’t be back for well over a year if ever.
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thehottag
Don Corleone
We're here for one reason only: fame, fortune, & the World Wrestling Federation Tag Team Champions!
Posts: 1,668
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Post by thehottag on Apr 16, 2020 3:35:45 GMT -5
From a business point of view though, he has a fiduciary responsibility to his shareholders to preserve their stock price and would have to answer to them on why he didnt make the moves he made, had he not made them. Did Vince McMahon take the shareholders into account when he announced the return of the XFL, which caused the stock price to fall? Did he take them into account when he declared the XFL wouldn't have any effect on the WWE, which it has? Did he take them into account when he hoarded wrestlers under contract against the financial advice of his own chief executives? Oh, and who is the majority shareholder, who has enough voting stock to outvote everyone else combined? Vince McMahon. Let's not pretend he was forced here.
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Xxcjb01xX [PIECE OF: SH-]
FANatic
Writer, Lover of all things Wrestling. Analytical, Critical, Lovable (hopefully). Lets all have fun!
Posts: 235,164
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Post by Xxcjb01xX [PIECE OF: SH-] on Apr 16, 2020 3:36:55 GMT -5
I shudder to think what could be on the horizon and who may be next.
I have a bad feeling I'm gonna wake up and this is gonna be 20 pages long and I'll be like "Oh god here we go again"...
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schizo
Unicron
Posts: 3,489
Member is Online
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Post by schizo on Apr 16, 2020 3:37:25 GMT -5
Can we use a different word than “furloughed” today? Maybe one that isn’t on everyones word of the day calendar. I keep reading that word as "furlonged" and thinking its a new phrase insulting Edward Furlong
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Post by Prince Petty on Apr 16, 2020 3:42:31 GMT -5
I shudder to think what could be on the horizon and who may be next. I have a bad feeling I'm gonna wake up and this is gonna be 20 pages long and I'll be like "Oh god here we go again"... A week from now, the WWE roster will be Brock, Seth, Roman, Strowman, Drew, Becky, Charlotte, Alexa and Rob Gronkowski.
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Post by eJm on Apr 16, 2020 3:46:06 GMT -5
Also, just a question that has been on my mind since all this kicked off...
Putting aside the fact they assured their shareholders they can ride out the storm with it, if this isn’t the time to use a portion of that $500m, at a time when you were still trying to make all of the $1bn a year from your TV deals with the live shows and were legally allowed to in Florida...when would be the time? What’s the scenario that makes more sense to use money saved for occasions that are dire than right now?
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Post by Viking Hall on Apr 16, 2020 3:47:38 GMT -5
If there's another Tony Khan out there who's been waiting for the time to get into the Wrasslin' biz they've now basically got a ready made roster of fired up potential stars to pick from. Wishful thinking but it'd make a nice Fantasy Booker at least.
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adamclark52
El Dandy
I'm one with the Force; the Force is with me
Posts: 8,139
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Post by adamclark52 on Apr 16, 2020 3:52:10 GMT -5
If there's another Tony Khan out there who's been waiting for the time to get into the Wrasslin' biz they've now basically got a ready made roster of fired up potential stars to pick from. Wishful thinking but it'd make a nice Fantasy Booker at least. No offence to any of the people that got let go yesterday but If I was a billionaire looking to start a wrestling company I really don’t think anyone who came on the market yesterday would be anywhere near my radar
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Post by Ryushinku on Apr 16, 2020 3:54:36 GMT -5
It'd be nice to think AEW and other companies would be snapping them up, but they have their own financial situation to think of, even if they're not the ones making the news at the moment like this.
It's been said, but this is a real monkey's paw; the roster is/was too bloated, they'd signed some people for the same of denying others rather than having a use in mind themselves, and they needed badly to streamline.
Doing it now, when other employment options are slim and the company just had good special exemption news and should have the money to cover this, is what makes it bad.
I appreciate all the moderatorion work here, keeping this on course.
And unless it's a really solid source, not some bloke sez, throwing around names and speculation about the process just muddies the water.
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Post by EoE: Well There's Your Problem on Apr 16, 2020 3:56:33 GMT -5
If there's another Tony Khan out there who's been waiting for the time to get into the Wrasslin' biz they've now basically got a ready made roster of fired up potential stars to pick from. Wishful thinking but it'd make a nice Fantasy Booker at least. No offence to any of the people that got let go yesterday but If I was a billionaire looking to start a wrestling company I really don’t think anyone who came on the market yesterday would be anywhere near my radar I mean. nearly all of these people would have some kind of usefulness in a start-up company, even if not necessarily as your prospective ace, and it's not like most of them haven't shown glimmers of potential for bigger things. Like even No Way Jose got to be a badass for a month in NXT.
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