Linda throws away $50million on the Ct Senate Race *2012 Edition* Result inside!

Hashtag_HEEL wrote: »

That is the face of a man who's thrown his company (Part Way) into the toilet and blown $100 Million dollars on two failed campaigns!
Good job Vinny! Good Job!

There was a major article in the Connecticut Post regarding Linda McMahon in WWE. In it, it was noted that the PG direction of the company was done to make it more attractive to advertisers and sponsors and not because McMahon was running for office. The vigilance of taking down videos from the Attitude era had to be politically motivated, though. The company employs 705 full-time workers and paid $82.15 million in salaries to them ($106,000 average) as well as health benefits. There are 156 pro wrestlers and performers under contract, 88 on main roster deals and 68 on developmental deals. They paid $39 million to talent in 2011 ($250,000 average) and no wrestler who was on the main roster and worked full-time during the year earned less than $100,000. But that’s 8.06% of total revenue going to the performers, which is compared to NFL, NBA and NHL players who all top 50%. Actually, that’s slightly misleading because I don’t believe that figure includes Dwayne Johnson, who likely earned a few million for that year, but even so, it’s not going to be enough to get that figure to 10%. That’s why WWE is so much more profitable than a major sports franchise even with all the TV money involved. Of course none of the teams have that many people working in the front office. The industry standard in the territorial days ranged from about 15% to 35%, depending on the promoter. The thing is, WWE pays performers based on a downside guarantee, which is far lower than what athletes in real major sports get even though those athletes don’t drive nearly as much revenue. Above the downside guarantee is based on house show profitability, PPV numbers, merchandise and video games and videos that they appear in. Wrestlers don’t get a percentage of television rights fees, which, if WWE gets treated like a sport to where content becomes more valuable, is the revenue stream that has the potential for the most growth. And I guarantee you there were more people in that previous era complaining they didn’t get their fair share than now.