Wrestling Statistician Chris Harrington of IndeedWrestling recently published a copy of Hulk Hogan’s 1998 WCW contract. And it turns out to be quite a read. Here are some of the most interesting clauses:
He received a $2 million signing bonus
WCW paid Hogan a $20,000 promotional fee while he was in the nWo for wearing the nWo logo and merchandise on TV and at photoshoots
Hogan received 15% of pay-per-view sales for events he was on with a minimum guarantee of $675,000. It also called for Hogan to be the featured wrestler at these events. WCW was to pay Hogan $1,350,000 on July 1st, November 1st and February 1st on the first three years of the deal as an advance of the PPV guarantee. Hogan also received bonuses as buyrates went up
He also received 25% of gross ticket sales when he wrestled on WCW Nitro, WCW Thunder or other WCW live events with a minimum guarantee of $25,000
Apparently there was talk of doing a Hogan 1-900 hotline as the deal called for 100% of profits, if they did the project
Hogan received first class air travel first class suite hotel accommodations, limousine transportation and $175 per diem when traveling for WCW
Hogan had “approval over the outcome of all wrestling matches in which he appears, wrestles and performs” with “approval not to be unreasonably withheld”
Below you will find the Chris Harrington tweet, you can also read the whole document by clicking on the “scribd.com” link.
Did I ever mention I came across a copy of Hulk Hogan's 1998 WCW contract?https://t.co/NlPJGxjw86 #wrestlenomics pic.twitter.com/Tp5EcCIbfi
— Chris Harrington (@mookieghana) October 26, 2015
