On the latest edition of Wrestling Observer Radio, Dave Meltzer reported that the contract Kevin Owens signed is a three-year deal, which will keep him with WWE for the foreseeable future. Owens did not get a no-cut clause in his new contract. Meltzer added that it is a good money deal, believed to be $2-3 million per year, and he believes it was signed a couple of weeks ago.
Meltzer also stated that the belief is that this was more money than Owens would have made in AEW. He did note that some people within AEW are making that money, but not a lot.
Kevin Owens appeared on the “Les Anti-Pods De La Lutte” podcast hosted by WWE French-language commentator Pat Laprade and commented on the new contract. Based on the new Observer report, Owens’ comments indicate that his current contract will expire on January 31, 2025.
Owens said the decision to re-sign with WWE was easy because it was the best thing for his family.
“I’ll just say that my contract still ends on January 31, but not 2022,” Owens said. “I will still be in WWE for several years, The decision was pretty easy because it was the best thing for my family, really. When it comes to that, it’s always a pretty easy decision to take. WWE has been my home for seven years now, so I have a sense of belonging.
“Basically, I spent the majority of my career here. When you look at all the wrestling companies I’ve wrestled for, in WWE, that’s where I’ve been the longest. That’s where I need to be for the next few years. That’s how I felt and that’s the decision I made.”
Laprade added on his blog, “If you read between the lines, when Owens says he did the best thing for his family, it could mean that it was the financial aspect of the deal that influenced the wrestler to stay with WWE.”
Laprade will release his full interview with Owens next Tuesday.