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NXT released over a dozen wrestlers Friday in a regular, yet shocking move. Fightful has inquired about the releases to high level WWE officials, of which one spoke under the condition of anonymity.

The official noted to us that in 2018, the company entered a "talent stashing" mode with what everyone assumed were honest intentions. Fightful was told that many pitches involved collecting talent, developing Performance Centers worldwide, and supplementing each Performance Center with native and international talent, with some traveling between global territories. Within a year, the source told us, they could see the brakes being pumped on that and talent being "parked," with an enhanced focus going to launching NXT on USA. Once that happened, the pandemic occurred shortly after, and everything came to a screeching halt.

The official both expressed extreme frustration, coupled with explaining the line of thinking from a corporate aspect. Despite the outward frustration, the "it's business" line of thinking is privately put forth within the company, even to Fightful, by several.

When asking the source who the releases fall on, they noted that "Vince McMahon can personally put a stop to any of these," but the calls are a collaborative effort. The source confirmed that WWE releases are going to be a regular occurance moving forward, but says that they personally expect 2021 to be an outlier with both the frequency and the level of talent. They also stated to their recollection, "mass releases" hadn't been a real discussion or concern within WWE for nearly four years, between the Summer of 2016 and the start of 2020.

Comments

Rj Kelly

Yeah it’s clear to see this is a sad side effect of the talent hoarding they’ve been doing. When ROH got hot and they did All In, that was the start of the panic buying.

Anonymous

A regular occurrence eh?

Anonymous

I can maybe understand that their plan was to establish development territories around the world -- but they didn't, they still kept bringing in talent around the time they were "parking talent" and given the repetitiveness o of RAW and Smackdown, you are not going to convince me that they couldn't/can't find a way to feature talent on the main roster.

Anonymous

That was what Triple H was talking about with the whole “Global Localization” line. It truly sucks that it didn’t work out and now they have too many players on the bench. Just hope those they let go can shine elsewhere.

Anonymous

So it sounds like AEW being formed started changing their plans, as they started worrying about NXT on USA. Then the pandemic finished it off. Sounds like they were basically trying to build what TK has with the forbidden door

Anonymous

Silver lining, WWE hoarding talent opened a lot of spots on the Indys that many young men and women were able to capitalize on and make themselves into stars.

Anonymous

Absolutely unbelievable, WWE is pretty much gifting talent to AEW, NJPW, IMPACT.. just sad what's happening.

Paul Anthony Moss

The head scratcher for me in the purge over the last several months is, there doesn't seem to be a consistent theme/pattern to the releases. It's not all big money contracts, not just wrestlers in their 40s, not just wrestlers that are injury prone, malcontents, wrestlers who aren't marketable/don't push merch, etc. I just keep imagining a WWE official turning that gold bin they used for Royal Rumbles, another WWE official reaching their hand in, pulling out a ball, and opening up the paper inside to read out the wrestler's name who's next added to the release list.

Rincewind

Feels like the more sardonic fans were right; and WWE hoarding talent, then reaching out to rising indie stars was an attempt to slow down the indie explosion; instead of grooming a new generation of stars, to use in the competitive landscape we have now. That sucks, but isn't a surprise.

Jonathan V Hedman

Yeah it makes sense when put that way, still sucks

Anonymous

It’s lazy booking and unsound business decisions. Why would you sign talent like that for this massive plan…without having the infrastructure in place around the world to initiate your plan?

Matt

What? Lol it literally has nothing to do with AEW 🤦‍♂️

Anonymous

I think there’s a larger business issue here. WWE could have formed the business infrastructure on the ground first globally. Why would they not purchase the “real estate” needed and start developing these new hubs before hoarding talent? At least have time table projections. From what they told SRS-it sounds like their plan wasn’t very sound to begin with. They may have been better off to ignore AEW and stick to their original plan. Maybe that would have helped.

massgamer99

so covid is why they lost to aew rolling eyes emote

massgamer99

thanks sean fuck this company wwe not fightful :)

Brian The Dean

I'm still having trouble understanding. If Covid put a hold on things, why not continue to utilize your talent on your current platforms, since you can't expand? Some of the jargon, that was given to SRS, still seems like half truths.

Anonymous

My heart goes out to the released talent. I know they will land on their feet elsewhere, as much as it sucks given WWE's current landscape them being let go is a blessing in disguise

Anonymous

If they aren’t going to use them, then releasing them is probably the best move.

Brian The Dean

No. Letting their contracts run out if they don't request a release. That's the best move. Firing talent when they are scheduled on the next program, on the same night is not it.

Anonymous

It seems like WWE's anti-competition tactics are coming back to haunt them. All the BS from Triple H about 'Global Localisation' was just corporate spin for stamping out the competition and creating another monopoly. But this doesn't work if a strong competitor pops up and because they haven't faced any in a very long time, WWE panicked and acted to stamp out AEW but failed. So here we are now, a once hot wrestling brand being gutted and replaced by the new kid on the block. On the flip side, these releases will replenish the indies and make it strong again which is good for wrestling.