Former WCW President, Eric Bischoff recently spoke about the pros and cons of forming a wrestling union. The comments came soon after Velina Vega’s WWE release. She stated on her Twitter account that she supports Unionization.
However, WWE stated that wasn’t the reason why she was released. Eric Bischoff spoke about wrestling unionization on his podcast and spoke about Zelina Vega’s release. All WWE wrestlers are basically independent contractors and do not have the rights that employees have in the US.
Eric Bischoff on Professional Wrestling Unionization
"There is so much at risk," Bischoff said. "This is not just WWE, if this issue becomes a big issue, which I think it will, it will radically change the business of the wrestling business.
I can understand why it sounds great, but what does it do to the revenue model of WWE, or AEW, or any other televised wrestling company that's going to have to deal with this issue? It's going to dramatically change the way people are paid, and it may not benefit talent as much as they think it will.
"There's a lot of value in being an independent contractor, there are some downsides. There is a risk, no doubt, but there's also limitations when you're an employee or you're in a union. I posted this the other day - be careful what you wish for.
Do your homework. Think about it, think about the unintended consequences if the WWE talent model is dramatically altered. I would not want to become an employee, and I would want to stay an independent contractor." Bischoff also spoke about WWE possibly owing back taxes if they ever become unionized.
"There is no statute of limitations on back taxes," Eric Bischoff said. "Can you imagine the fines and the penalties that could possibly exist if the independent contractor status of WWE is challenged and WWE has to go back the last 20-30 years based on the amount of talent fees that they've paid out? And then comes the civil litigation.
So yeah, unionization sounds so great; it's this silver bullet that kills all evils, but it's really not. It can create a lot of evils that can ultimately come back and put talent at a much greater disadvantage."