TNA To Make Major Changes To Talent Contracts, More Departures Expected
Several TNA stars were recently informed that their current contracts with the promotion will be voided in the near future, with the company looking to re-sign most of their performers to per-appearance deals.
Previously, TNA paid talents a guaranteed monthly fee and then paid them a per appearance fee as well. In some cases, TNA will now be paying talents a little bit more per appearance than they were already making, with the idea being that it will make up for the loss of having guaranteed pay. If TNA increases their schedule to include more dates, talents could actually end up making even more money than they were making originally.
Regardless of the positive spin, many of the talents in TNA right now are not pleased with the changes. In fact, it’s possible that some talents may turn down the offers and wrap up their run with the promotion.
It’s worth noting that while most of the contracts will be changed to this new formula, some high-profile talents, such as Kurt Angle and Jeff Hardy, may remain under guaranteed deals.