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More WWE Budget Cuts Being Considered; Travel and Food Targeted

Posted By: Ben Kerin on Jul 12, 2014

We previously reported, WWE Chairman Vince McMahon is pushing to cut $20 million from the budget this year. A number of solutions to save money have already implemented such as talent cuts, production evaluation and scaling back on travel arrangements.

The latest travel cuts being considered are transferring those who travel in first-class to coach and scaling back but not eliminating backstage catering.

There is also a new policy on international travel being implemented and there's a hiring slowdown, not a freeze.

WWE's losses for 2014 will be down significantly from the $45 million to $53 million that was projected.

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