If I was a wrestler and asked to take a 50% pay cut, my response would be as soon as these TKO chucklef@ck execs take their 50% pay cut. What terrible optics, to be asking talent to take a 50% pay cut while these execs are swimming in compensation/bonuses/stock options; while WWE continues to sell advertising anywhere and everywhere; while WWE rapes attendees with ridiculously inflated ticket pricing.
They are also fostering an atmosphere of fear and uncertainty in the locker room. Is any WWE superstar safe? Just about every wrestler in WWE has to be thinking at the back of their mind: Am I next?
Why would you ever sign a long-term contract with WWE now should be a legitimate question every talent and agent is asking because those contracts aren't worth the paper they are printed on.
They can literally manufacture reasons to justify a person's paycut. On the books for $4 million and WWE wants to slash payroll? Enjoy catering for a few months. Get shoved down to the midcard. Get your push squashed. Get turned into a jobber. Have your gimmick, music, etc. changed to get you less over. A year later, you get told you aren't used enough, aren't over enough, aren't high enough on the card, etc. so you got to take a paycut.
They'll cut people after less than a year rather they give you a legitimate chance to prove your worth or not. And by legitimate chance I mean the booking and presentation to go with the part's of wrestling that a wrestler can control. Like you think JC Mateo ever had a chance regardless of how he fit in WWE? No, of course he didn't. But he gets cut after a year because of WWE stupidity.
They'll say your worth X dollars when they sign you, won't do anything with you, then a year later say you aren't worth what we thought you were worth last year so you have to take less money. Don't want to take the pay cut we're demanding? Fired. Example: New Day signed new deals lasty year and largely did nothing after the big heel turn.
And since WWE severely limits what a wrestler can do to earn money outside of WWE, your options of being able to recoup that lost income via other ventures is hamstrung. We sure know those options within wrestling are basically non-existent with exceedingly rare exception if you're a golden child like Iyo Sky and she's not the type that's being told to take a paycut to begin with.
Can't even get sent to TNA to make a few extra bucks because TNA is basically indentured servitude if you're a WWE talent. WWE isn't paying them anything extra to work there, TNA isn't paying them anything to work there, and you can't refuse the booking or you risk being fired because WWE would never send anyone to TNA that ranked highly enough that would have the clout to be able to refuse a booking.