Kevin Owens has a lot to celebrate this holiday season.
News broke on Wednesday that Owens has signed a new multi-year contract with WWE. Details of Owens\’ new deal have been revealed by Dave Meltzer on Wrestling Observer Radio.
\”He signed a 3-year deal with WWE,\” said Meltzer. \”I believe it was actually a couple of weeks ago when this happened.\”
\”It\’s a very good money deal. I think the feeling is it\’s more than he\’d be able to get from AEW. $2-3 million in that range per year.\”
Iron Clad?
While Owens is making good money per year, he did not get a no-cut clause in his contract that would protect him from being released somewhere down the line.
\”He did not get a no-cut, he didn\’t, that\’s the other thing that I\’ve heard,\” Meltzer continued.
\”In 3-years, he\’ll be in the same position and probably fixing to make more money barring a career-ending injury.\”
Owens has been with WWE since 2014. He is a 1x NXT Champion, 1x Universal Champion, 2x Intercontinental Champion, and 3x United States Champion.
Owens is scheduled to challenge for the WWE Championship at Day 1 on January 1st. He is booked in a fatal 4-way match against Bobby Lashley, Seth Rollins, and WWE Champion, Big E.