Eric Bischoff On Why WWE’s Latest Releases Were “Good Business”

Eric Bischoff recently spent some time on his 83 Weeks Podcast speaking about WWE‘s most recent round of talent cuts. According to Bischoff, WWE’s latest releases were good for business.

“I’m more and more convinced that what WWE is doing – and I think Nick Khan is probably the catalyst for a lot of this – is making good business decisions,” Bischoff said on the show.

Bischoff then spoke about what would go through his mind if he was in a management position with WWE.

“If I’m involved in some of the decisions in trying to get that stock price up, I’m looking at my talent roster which is a significant part of the expenses in WWE,” Bischoff continued. “I’m thinking to myself ‘well wait a minute, we are going to modify our touring schedule, we’re not going to tour the same way we used to – and I think that’s probably true – I need to start making good decisions. We’ve got 300 people under contract, perhaps that’s too many.”

Bischoff continued to say that perhaps WWE’s strategy regarding keeping so many talents under contract was to keep that talent from going to AEW. He does not believe the company is preparing for a sale, however.

“I’m more convinced now than I was last week that what WWE is doing is aggressively managing their business model,” he continued.

“When the dust settles, I think we’re going to see WWE’s stock price back to where it was pre-COVID. I think we’re going to see a new touring model that makes more sense in the long run and I don’t think WWE is going anywhere (referring to a potential sale), at least not in the near future,” Bischoff continued.