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“They were actually losing money with RAW & SmackDown” – Former Commentator Says WWE Is Making More Money With The ThunderDome

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• “They were actually losing money RAW & SmackDown” – Former Commentator Says WWE Is Making More Money With The ThunderDome

Old School Spanish Commentator Hugo Savinovich was recently interviewed on the WrestlingInc podcast, where he spoke about his WWF/E career, as well as the current state of the WWE and the wrestling business in general.

Savinovich worked for the World Wrestling Federation (later WWE) from his debut in 1994 until he was released in 2011.

Here’s what Hugo had to say:

“WWE dominates wrestling because they’re the No. 1 company in the world, however, if you closely study the product, you’re gonna realize that they actually are making more money now with the ThunderDome because they were not drawing on the road.

It was embarrassing. They were not drawing for RAW or SmackDown. They were actually losing money.

Now, they have one building where they do two shows and NXT in a smaller building, and all their shows are making money.

The reality is the No. 1 company in the world has almost 300 top talents and the people are actually upset. Not many people want to talk about it because they’re scared of the monster.

The only true enemy that WWE has is WWE, because, they don’t need more money. They already got enough money from Peacock and NBC, FOX, and all the other deals. Yet, they have mistreated the fans.

Remember when the McMahon family did a semi-shoot by standing in the ring and promising to change the product?

I haven’t seen it happen. They messed up with Bobby Lashley and King Corbin, out of nowhere. And then Lashley and MVP suddenly go from Cedric Alexander and Shelton Benjamin to ex-Retribution guys.

I don’t want to bring race into this, but what the heck is going on? Not just because they were all black, but The Hurt Business was actually working!

They had a fantastic frontman in MVP, a fantastic wrestler in Benjamin, a great youngster in Cedric, and the powerhouse Lashley.

What are you thinking by bringing in Corbin (before WrestleMania 37)? When you have something that’s working, don’t freaking change it.”

WATCH: Maria Kanellis’ Knockers Groped By Shelton Benjamin:

• ON THIS DAY IN WCW HISTORY (April 29, 1996) – WCW MONDAY NITRO

On this day in 1996, Ted Turner’s World Championship Wrestling aired another LIVE episode of their weekly TV show ‘WCW MONDAY NITRO’.

It was broadcasted from the the Albany Civic Center in Albany, Georgia and featured matches, interviews & storyline segments on the road to the ‘WCW Slamboree 1996’ PPV.

The match-card can be found here:

1. Sting & Lex Luger vs. Harlem Heat

2. Steiner Brothers vs. Fire & Ice

3. Parking Lot Brawl: Steven Regal vs. Dave Finlay

4. WCW World Title: The Giant vs. Ric Flair


        
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