After years upon years of receiving heat from not only the media, but the fans and performers themselves, World Wrestling Entertainment (WWE) continues to impress the finger pointers by now offering its past performers financial assistance.
WWE has received a lot of flak in the past for not providing assistance to past employees. Years ago it was normal for wresting companies to cut out pay checks to talents and let them worry about health care, money management, travel cost, and so forth all by themselves.
This old way of thinking has caused many performers who once had made millions of dollars to be in financial ruins; including the likes of WWE Hall Of Famers Scott Hall, “The Nature Boy” Ric Flair, Jake “the Snake” Roberts and others.
In recent years the company has made strides and has helped dozens of past performers who have suffered from drug abuse with offering rehab to anyone that is willing to take the help.
Now the ‘World’s Largest Sports Entertainment’ company has taken it a step further by launching the Professional Development Program in early June of 2014.
The program is geared to all former WWE Talent and in some cases, their family members and will provide guidance and financial support for schooling and money management.
The first two initiatives for the program are Financial Education and Continuing Education.
In many cases, a former Sports Entertainer only knows the love of wrestling and only knows how to support their family by stepping into the ring.
This new program is huge because it will now give those who can’t wrestle anymore the possibility of a second option and brand new career.
The open letter sent to past performers notes that they can also receive credit counseling from the largest non-profit company in the United States of America, Money Management International (MMI) completely free.
MMI will help teach them out to rebuild their credit, maintain their annual income and help them save for the future, this is a program that stars in the 80’s, 90’s and early 00’s could have definitely benefited from and it’s great to see that WWE as grown into a company that truly cares about its past performers.
WWE is also offering financial scholarships to former talent at the amount of $5,000.00 per calendar year to be used for obtaining a college degree or completing a certificate program.
It is said that the Professional Development Program is only at it start, and more initiatives will be implemented by years end.
The media, fans and talent alike are finding less reasons to complain about World Wrestling Entertainment & Vince McMahon (CEO), as the company is now doing what they can for those who helped build their empire to what it is today.
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