Kurt Angle has discussed making over one million dollars in his very first year in the business, far exceeding the guarantee WWE had agreed to pay him.
The Olympic gold medallist debuted on television for WWE at the 1999 Survivor Series. Within Angle’s few months as a professional wrestler, he had won the European and Intercontinental Championships. Angle then won the King Of The Ring crown in June. That was followed by the WWE Championship to cap off one of the most impressive rookie years in history.
Speaking on The Kurt Angle Show podcast about that first year in WWE, Angle detailed how much money he had been guaranteed to make. Angle then noted that he was confident he’d be making a whole lot more.
“My guarantee was $75,000, but what I was surprised about, and I promised JR this when I accepted that contract. He said ‘you’re going to get 75,000 a year for five years’. I signed the contract and said ‘don’t worry about it, because I’m going to make a million in my first year’. And he’s like ‘whatever you say’.”
Kurt Angle continues, stating that the feat was even more impressive given the absence of any royalties from merchandise sales:
“I did make a million, which I’m really proud of. [I] wasn’t expecting to make a million dollars in my first year in the business. Especially not having any kind of merchandise, I wasn’t selling any merchandise. They weren’t hopping off the shelves and people weren’t buying Kurt Angle stuff because I was a heel. I didn’t make a lot on that, I got paid to wrestle and I got paid very well to do it. So making a million dollars a year without any kind of merchandise. I did exceed the goal that I told JR I would do.”
Kurt Angle discussed many things from a jam-packed first year in WWE. Angle explained what happened at SummerSlam 2000 when the WWE Hall Of Famer was legitimately knocked out.
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