WWE and its parent company, TKO, are facing increased scrutiny after the departure of the decorated tag team known as New Day, comprising Kofi Kingston and Xavier Woods (performing as Austin Creed). The duo recently debuted for All Elite Wrestling (AEW) at Wembley Stadium, a move that has amplified criticism of WWE's business practices.
Kofi and Austin Creed revealed in an interview on "The Ariel Helwani Show" that they were offered a pay cut exceeding 50 percent in May. This revelation has fueled public discussion about WWE's approach to talent compensation and retention, particularly for established performers.
The timing of their AEW debut, just two days after discussing their WWE exit, has intensified the narrative surrounding the company's management. The New Day is recognized as one of the most accomplished tag teams in WWE history, making their departure and immediate signing with a direct competitor a significant development in the professional wrestling landscape.
This situation has drawn parallels to broader critiques of WWE's current business model, which some observers have characterized as prioritizing profit over talent relations. Practices such as prominent mat advertising, premium fan clubs, extended commercial breaks during events, and high ticket prices have previously been cited as evidence of this approach. The exit of a prominent team like New Day, following what they described as a substantial pay reduction, further fuels these criticisms and presents a less-than-ideal image for WWE and TKO.
