Originally published at https://www.postwrestling.com/2021/12/16/kevin-owens-says-he-re-signed-with-wwe-because-it-was-the-best-decision-for-his-family/
Kevin Owens explains why he opted to re-sign with WWE.
It was first reported by Fightful’s Sean Ross Sapp that Kevin Owens signed a new multi-year deal with WWE. Owens’ contract was set to expire in January 2022. The site noted that negotiations between the two sides began this fall.
Owens confirmed the news to Pat Laprade of TVA Sports. He said the decision to re-sign was an easy one because it was the best choice he could make for his family. Owens added that when he looks at all the wrestling companies he’s been a part of, he’s been with WWE the longest and feels that’s where he needs to be for the next few years.
I’ll settle for just saying that it still ends on January 31, but not 2022. I’m going to be around for several more years. The decision was pretty easy because it was really the best thing for my family. When it comes down to it, it’s always a pretty easy decision. The WWE has been my home for seven years, so I have a sense of belonging. Basically, I’ve spent the majority of my career there. When you look at all the wrestling companies I’ve wrestled in, in WWE, that’s where I’ve been the longest, that’s where I need to be for the next few years. That’s how I felt and that’s the decision I made.
Owens is going to be competing for the WWE Championship at ‘Day 1’ on January 1st. He’ll be a part of a Fatal 4-Way with Bobby Lashley, Seth Rollins and WWE Champion Big E.
I think it was reported his deal is in the $2 to $3 million per year range. There is still not a “no cut clause”.
I don’t know AEW’s finances but I can’t imagine that they can pay a lot of guys $3 million a year. You have to think that Jericho, Punk, Danielson, and probably Moxley make that kind of money. On top of that you have people like the young bucks, Omega, Cody will probably have high compensation tied to their EVP roles as well.
Clearly based on their television deals WWE is way more profitable. As such, if I were AEW I’m not sure I would pay Kevin Owens $3 million a year. He’s a good hand and probably great if you want to expand into Quebec, but outside of that he’s not really going to draw a ton of viewers onto your show.
I think in terms of people that would be worth that cost in WWE right now that could draw numbers to AEW to be worth that cost the list is really limited Roman Reigns, Becky Lynch, Ronda Rousey and Brock Lesnar.
I’m not sure outside of that list I’m dropping $2 to $3 million on any of their talent. I would rather pay my own talent less and develop them in the stars
Yeah I totally agree, love KO but at that price he is not worth it for AEW. They already have a ton of talent and it seems like Kyle O’Reilly is also a lock to be signed.
We’ve realized in the past two years that WWE contracts aren’t worth the ink they’re signed on anyways. I will be surprised if he isn’t eventually cut due to “budget cuts”.