Why did Kevin Owens renew with WWE?

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After a few weeks of rumors, Kevin Owens has officially renewed his contract with WWE. “I will remain in the company for several more years. It was a fairly simple decision to make, as it was the best thing for both me and my family.

WWE has been my home for seven years, so I've developed a strong sense of belonging. I've spent most of my career here. If I think back to all the wrestling companies in which I have played, it is easy to realize that the WWE represented the final destination of my path” - KO commented to the microphones of Pat Laprade and Kevin Raphael.

Although he would have gained more creative freedom in All Elite Wrestling, the new deal with WWE will allow the Canadian to gross between $2 and $3 million for the next three years. During the latest edition of 'Smack Talk' on Sportskeeda, former WWE manager Dutch Mantell explained what prompted Owens to sign an extension with Vince McMahon's company.

Kevin Owens entered the WWE title picture

"Kevin Owens has been in WWE for many years now, which is why he got used to that system, that environment and that politics" - began Dutch Mantell. "It must be understood that the neighbor's grass is not necessarily greener than yours.

WWE will never fail, despite all the rumors that have been circulating for months. I don't think All Elite Wrestling will fail either, but WWE offers more long-term knockout chances. In addition, the Stamford-based federation has much more influence in Hollywood and in the advertising sector than the AEW ”- he added.

Mantell then analyzed the feud between Brock Lesnar and Roman Reigns: “Paul Heyman will have a decisive role on Day 1. I think he will help the Beast defeat the Tribal Chief, helping Roman's transformation from heel to babyface.

It would be the most logical development. For the rest, there is no one at the moment who comes close to the level of Lesnar and Reigns." As per Dave Meltzer, Kevin Owens has signed a three-year deal with WWE. The former Universal Champion will reportedly be paid somewhere around $2-3 million per year.

Meltzer also confirmed Sean Ross Sapp's latest report that Owens' new WWE deal doesn't have a "no-cut" clause. Owens won the Universal Championship later that same year. However, he has spent the majority of his main-roster run as an upper mid-card talent.

He recently entered the WWE title picture on RAW and is all set to compete for the belt on January 1, 2022.