Total bullshit. Post a source. Well to think, one needs a brain. Not sure that works for you
Hogan was getting paid an obscene amount by WCW in the late 90s. I can believe that for PPV events he was taking the lions share of talent wages.
-----------
Hulk Hogan's 1998 WCW contract was incredibly lucrative, including significant guaranteed money and a percentage of revenue from various sources.
He received a $2 million signing bonus and was guaranteed a minimum of $675,000 per pay-per-view appearance, or 15% of the domestic PPV cable sales, whichever was greater.
He also received a percentage of ticket sales, merchandise revenue, and promotional fees. The contract also included perks like first-class travel and accommodations.
Here's a more detailed breakdown:
Guaranteed PPV Payments: Hogan received $1.35 million three times a year as an advance on pay-per-view earnings, with additional bonuses based on buyrates, potentially reaching $1.75 million per event.
Ticket Sales: He earned 25% of the gross ticket sales for both televised (Nitro and Thunder) and non-televised events, with a minimum guarantee for televised appearances.
Merchandise Revenue: Hogan received 50% of net receipts from all merchandise sold with his name and likeness.
Promotional Fees: While in the nWo, he received $20,000 per month as a promotional fee.
Full contract can be read here:
indeedwrestling.blogspot.com