8 Things WWE Want You To Ignore About NXT

8. Hemorrhaging Money

As a former lead booker for Ohio Valley Wrestling and perpetual kibitzer, Jim Cornette takes interest in almost everything that goes into running a professional wrestling promotion, from the booking to the financing.

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With that in mind, he recently received the yearly and quarterly reports for WWE and made a major reveal:

"In all honesty, 2016 they lost $13 million, 2017 they lost $19 million... can you imagine what me and Danny Davis could've done with Ohio Valley Wrestling if they said, 'OK guys, you can bring in anybody that you want that's not on the main roster or signed to New Japan and you can lose $32 million over the next two years'?"

$32 million is not the end of the world for WWE, but it's a loss they'd much rather keep under wraps. While NXT may be an important branch in terms of developing future superstars, the losses are hard to ignore. WWE is a publicly-traded company, after all, and NXT isn't turning a profit.

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