XWF
Upstart wrestling promotion XWF, led by former WWF mouth piece Jimmy Hart, is planning a huge announcement next month.
Essential Wrestling Newsletter reported
some months ago that XWF officials have been locked in secret talks with several
TV outlets. The XWF recently signed some of its top names to one-year contracts.
Roddy Piper,
Gene Okerlund
and Rena Mero (Sable)
are believed to be among those to sign.
The biggest contracts are said to be in the $500,000-per-year range with additional merchandise incentives. The mid-level talent is expected to be offered WWF-like incentive-based contracts. The company is planning to offer developmental contracts to indy wrestlers that will pay roughly $500 per week.