nm
Hank Scorpio
Posts: 6,084
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Post by nm on Sept 14, 2010 18:31:45 GMT -5
That's the worst PPV title I've ever heard. ALL MAIN EVENT MATCHES WILL BE PERFORMED UNDER INVESTIGATION!!!!
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Post by Slammy Award-Winning Cannibal on Sept 14, 2010 18:37:35 GMT -5
That's the worst PPV title I've ever heard. ALL MAIN EVENT MATCHES WILL BE PERFORMED UNDER INVESTIGATION!!!! Can't wait for that Microscope on a Pole match.
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Paul
Vegeta
Posts: 9,276
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Post by Paul on Sept 14, 2010 18:47:04 GMT -5
This could very well lead to heavy roster cuts which would end the brand extension. Hmm..
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Post by Cyno on Sept 14, 2010 18:53:33 GMT -5
Lets try to keep the election out and look at the case on its own merrits. I understand the idea of keeping this within the topic posted but that doesn't change the fact that this investigation is a politically driven move to bruise Linda McMahon in the final 7 weeks of election season. These kinds of moves are done ALL the time in politics so I think it's fair to post that and call this a non-issue. I guess it's just a tad strange to delete posts that pertain to the genesis of this post's topic. That's all. EDIT: Since I was being accused of going off-topic, below is the article in full courtesy of www.ctpost.com/news/article/WWE-State-investigating-company-for-657735.php. I don't know if this audit is politically motivated. It depends if the AG's office or the Department of Labor is behind it (looks like it's the latter). And if the governor appoints the CT Secretary of Labor, then I doubt it's politically motivated since CT's governor is a Republican. Back on topic, I hope that this results in something. I think the WWE's talent is grievously misclassified and they should get benefits other full-time employees get as required by law.
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Dave at the Movies
Bill S. Preston, Esq.
VINTAGE D-DAY DAVE! Always cranking dat thing.
Posts: 18,224
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Post by Dave at the Movies on Sept 14, 2010 19:04:07 GMT -5
I'll call it right now. This won't go anywhere. I could be wrong but WWE is going to fight this with everything they got because if they have to classify their talent as employees they will take one of the biggest money loss hits ever.
You also have to wonder if this will affect TNA if this gets to a top federal court. It will either hurt them too or they may be able to keep calling their talent independent contractors since they let their wrestlers wrestle on non televised indy shows and a lot of their guys are only paid per appearance and not actually signed to contracts.
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Post by Red Impact on Sept 14, 2010 19:29:20 GMT -5
I'll call it right now. This won't go anywhere. I could be wrong but WWE is going to fight this with everything they got because if they have to classify their talent as employees they will take one of the biggest money loss hits ever. You also have to wonder if this will affect TNA if this gets to a top federal court. It will either hurt them too or they may be able to keep calling their talent independent contractors since they let their wrestlers wrestle on non televised indy shows and a lot of their guys are only paid per appearance and not actually signed to contracts. The biggest reason why WWE is singled out is because WWE more or less has complete control over everyone they have under contract. There's no working for other companies, the employee has no choice about how they go about their job, it's entirely WWE monitored. It's like being an athlete. Sam Bradford is an employee of the Rams, not an independent contractor. He's not like Roger Federer, who can choose what tournaments to participate in and what ones not to. He's bound to perform for the Rams and only the Rams. Well, being a WWE wrestler is akin to being on an NFL team.
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Post by Junkenstein on Sept 14, 2010 19:32:36 GMT -5
That's the worst PPV title I've ever heard. ALL MAIN EVENT MATCHES WILL BE PERFORMED UNDER INVESTIGATION!!!! Investigation isn't just encouraged... it's allowed!
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Dave at the Movies
Bill S. Preston, Esq.
VINTAGE D-DAY DAVE! Always cranking dat thing.
Posts: 18,224
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Post by Dave at the Movies on Sept 14, 2010 19:39:46 GMT -5
I'll call it right now. This won't go anywhere. I could be wrong but WWE is going to fight this with everything they got because if they have to classify their talent as employees they will take one of the biggest money loss hits ever. You also have to wonder if this will affect TNA if this gets to a top federal court. It will either hurt them too or they may be able to keep calling their talent independent contractors since they let their wrestlers wrestle on non televised indy shows and a lot of their guys are only paid per appearance and not actually signed to contracts. The biggest reason why WWE is singled out is because WWE more or less has complete control over everyone they have under contract. There's no working for other companies, the employee has no choice about how they go about their job, it's entirely WWE monitored. It's like being an athlete. Sam Bradford is an employee of the Rams, not an independent contractor. He's not like Roger Federer, who can choose what tournaments to participate in and what ones not to. He's bound to perform for the Rams and only the Rams. Well, being a WWE wrestler is akin to being on an NFL team. I completely agree. I'm surprised WWE hadn't been investigated for this years ago. This might also become a white collar criminal case if WWE is found guilty of evading taxes.
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Jay Peas 42
El Dandy
Totally flips out ALL the time.
Is looking forward to a Nation of Domination Kwannza Special.
Posts: 8,329
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Post by Jay Peas 42 on Sept 14, 2010 19:42:19 GMT -5
If the IRS is okay with the arrangement (meaning the WWE isn't required to collect Payroll, Income, FICA and Medicare tax), then CT probably doesn't have much to stand on. Any determination would be subject to administrative and judicial review.
Two, seriously? Do you really think that if the WWF is required to pay $20,000 a year in benefits and taxes, do you really think that everyone's pay isn't going down by $20,000 a year? If you do, you fail economics forever.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Sept 14, 2010 19:49:08 GMT -5
Agreed. If anything, if CT has it their way, say goodbye to the WWE's already troubled financial state.
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Dr. T is an alien
Patti Mayonnaise
Knows when to hold them, knows when to fold them
I've been found out!
Posts: 31,371
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Post by Dr. T is an alien on Sept 14, 2010 20:37:42 GMT -5
Yeah, I always thought that it was a dick move by the WWE to consistently insist on categorizing their talent as independent contractors. It won't cost the company any more money, it just means that talent can force them to let them take some time off (which top guys can get on demand but midcarders sometimes cannot even when they are hurt and only want to work TV tapings). It might also mean that they WWE might not be as capable of dumping talent as willy-nilly as they prefer.
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Post by Alex Shelley on Sept 14, 2010 20:42:52 GMT -5
My only concern is that this could end in WWE going under.
But, yes, these people are employees and need to be classified as such. It's completely ridiculous that they're not considered employees.
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Post by molson5 on Sept 14, 2010 20:52:47 GMT -5
My only concern is that this could end in WWE going under. But, yes, these people are employees and need to be classified as such. It's completely ridiculous that they're not considered employees. Worst-case scenario, they'd just re-structure the relationship with the talent to make them true "independent contractors". I'm not sure a wrestling company can work without that designation.
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kingoftheiwc
El Dandy
Coles whipping boy is better then you.
Posts: 7,923
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Post by kingoftheiwc on Sept 14, 2010 20:55:51 GMT -5
My only concern is that this could end in WWE going under. But, yes, these people are employees and need to be classified as such. It's completely ridiculous that they're not considered employees. Worst-case scenario, they'd just re-structure the relationship with the talent to make them true "independent contractors". I'm not sure a wrestling company can work without that designation. Im not either but the E does have a good amount of cash and this wouldnt bankrupt them I think, but im not sure.
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nisidhe
Hank Scorpio
O Superman....O judge....O Mom and Dad....
Posts: 5,725
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Post by nisidhe on Sept 14, 2010 21:32:56 GMT -5
Worst-case scenario, they'd just re-structure the relationship with the talent to make them true "independent contractors". I'm not sure a wrestling company can work without that designation. Im not either but the E does have a good amount of cash and this wouldnt bankrupt them I think, but im not sure. Perhaps not, but it _may_ make them rethink their merchandise licensing arrangements if they can't get exclusivity from the talent. What one hand will give to the talent, the other hand will take away. WWE will be able to afford to put its talent on the payroll as full-blown employees, but they'll cut the pay scale or the licensing percentages to cover their losses as a result. Look also for more tightly-controlled entry points for newer wrestlers to discourage seeking work in the indies. TNA will have to come up with similar terms for its bigger stars to keep making its money.
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Post by drjayphd (feat. Pitbull) on Sept 14, 2010 21:36:21 GMT -5
As I understand it, Raven, Kanyon, and Sanders's case was thrown out because a judge ruled that the three of them had no standing to bring it either because they were not current performers in WWE or because too much time had elapsed since they worked there. The actual merits of their case were not judged on at all. It would take a current WWE performer to bring such a suit for the actual merits to be judged. Now paging Tyler Reks, Tyler Reks, please pick up the white courtesy phone...
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Post by drjayphd (feat. Pitbull) on Sept 14, 2010 21:39:56 GMT -5
I don't know if this audit is politically motivated. It depends if the AG's office or the Department of Labor is behind it (looks like it's the latter). And if the governor appoints the CT Secretary of Labor, then I doubt it's politically motivated since CT's governor is a Republican. Back on topic, I hope that this results in something. I think the WWE's talent is grievously misclassified and they should get benefits other full-time employees get as required by law. Not sure how far I can discuss this without running afoul of the politics rules, but if it's coming from the AG's office, that'd be VERY interesting... If so, it'd be much more politically motivated than if it came from, say, the governor's office. M. Jodi's too inert for that.
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Post by Red Impact on Sept 14, 2010 21:51:37 GMT -5
Yeah, I always thought that it was a dick move by the WWE to consistently insist on categorizing their talent as independent contractors. It won't cost the company any more money, it just means that talent can force them to let them take some time off (which top guys can get on demand but midcarders sometimes cannot even when they are hurt and only want to work TV tapings). It might also mean that they WWE might not be as capable of dumping talent as willy-nilly as they prefer. They do it because it saves them money, not because they just want to be spiteful. Independent contractors don't have some benefits, and the tax procedures are different as well IIRC. Even though many of the costs will be passed along, there will still be costs. Also, they'd still be able to dump people whenever. Connecticut is an at-will employment state, so they can fire people for whatever reason, as long as that reason isn't against the law itself.
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Dr. T is an alien
Patti Mayonnaise
Knows when to hold them, knows when to fold them
I've been found out!
Posts: 31,371
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Post by Dr. T is an alien on Sept 14, 2010 22:34:28 GMT -5
Yeah, I always thought that it was a dick move by the WWE to consistently insist on categorizing their talent as independent contractors. It won't cost the company any more money, it just means that talent can force them to let them take some time off (which top guys can get on demand but midcarders sometimes cannot even when they are hurt and only want to work TV tapings). It might also mean that they WWE might not be as capable of dumping talent as willy-nilly as they prefer. They do it because it saves them money, not because they just want to be spiteful. Independent contractors don't have some benefits, and the tax procedures are different as well IIRC. Even though many of the costs will be passed along, there will still be costs. Also, they'd still be able to dump people whenever. Connecticut is an at-will employment state, so they can fire people for whatever reason, as long as that reason isn't against the law itself. At will only works for noncontracted employment. WWE talent are contracted workers. In order for the WWE to get to utilize at-will employment, they would have to deal with all the aspects of it, namely employees can quit any time that they wish. WWE will NEVER go for that.
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Post by flatsdomino on Sept 14, 2010 22:37:41 GMT -5
WWE Under Investigation is going to be the best PPV ever, so long as Lawler, Snuka, Jeff Hardy and Vince are involved somehow
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