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Mick Foley Explains More On Why He Won't Sign Legends' Deal

Posted By: Caylon Knox on Apr 23, 2014

As previously reported, WWE Hall of Famer Mick Foley revealed that he is not particularly interested in signing the Legends' contract that WWE has offered him. He posted another blog entry on Facebook explaining why he doesn't want to sign:

"To deal..or not to deal - that is the question. As some of you may have heard, at this point, I am opting not to sign my Legends Marketing Deal, which gives ‪#‎WWE‬ the right to market my likeness on video games and action figures. I'll be writing in more detail about this in the next week or so, but it would be fair to say that, despite strong sales, I have found the payoffs for the past two video games to be extremely weak - in the 25% range of what most talent was expecting.

Last year, the explanation had something to do with the video game company going bankrupt - a real shame for me, since I was heavily featured as three characters from the "Attitude" era, complete with voice work. I haven't heard this year's explanation yet, but, personally. I think the #WWE just wants to see if the talent will accept a far lower percentage than had previously been given. If so, it would proably be a good business move for #WWE, since very few current wrestlers are going to jeapordize their standing with the company by offering resistance - and most legends will probably come to feel like anything they get from merchandise is better than nothing.

As for me: until I hear a valid reason, I'm opting out."

 
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