WWE Hall of Famer Hulk Hogan’s World Championship Wrestling contract from 1998 has been leaked online by Chris Harrington of Wrestlenomics. Below are a few pics:
I think the best part of Hogan's contract is the fact it mentions Compuserve. pic.twitter.com/DJfj8FOqPm
— Chris Harrington (@mookieghana) October 27, 2015
Wrestling Observer posted the following about the contract:
•Signing bonus: $2,000,000
•Will perform at 6 PPVs per year and will be the “featured wrestler”
•Will get 15% of domestic PPV cable sales for WCW PPV or $675,000 [whichever is higher]
•Advance for PPV agreement is $1,350,000 three-times a year
•Pay between $250,000 to $1.75M if buy rate is above 1.5 (up to 3.5+)
•25% of Nitro/Thunder Gross Arena Tickets or $25,000 (whichever is higher)
•25% of gross arena tickets for any house show
•$100,000 consultant fee starting during year four
•Royalty rate of 50% on all merchandise sold directly by WCW to any consumer incorpoarting Hogan’s likeness or character
•50% of Actual license Fees received by WCW for Hogan’s likeness or character
•$20,000 per month promotional fee for wearing nWo shirt (or at least 25% of WCW’s net receipts and actual license fees for generic non-talent specific nWo merchandise.
•100% of the Hogan hotline revenue
•First class air travel,. first class suite hotel, limo transport and $175 per diem
