Eric Bischoff says that one of Chris Jericho’s claims about his time in WCW is simply “not accurate.”
It’s no secret that Hulk Hogan negotiated a big money deal for himself when he made the switch from WWE to WCW, and one of the ways he made money was to earn a large percentage on merchandise sales.
On the latest episode of 83 Weeks (available early via AdFreeShows), Eric Bischoff discussed in-depth Hogan’s arrival in WCW and his effect on business during his time in the promotion. During the podcast, Bischoff was asked to respond to previous claims made by Chris Jericho that Hogan was receiving credit and royalties for Jericho’s merchandise. The former WCW President said that to his knowledge, those claims were false.
“It’s not accurate, and if somebody’s got a contract out there that can show me otherwise, I’ll apologize publicly.”
Continuing, Eric Bischoff admitted that he didn’t have all of the details of Hulk Hogan’s contract available, but while the Hulkster did earn a large percentage on his own merchandise sales, Bischoff doesn’t believe he was earning royalties on merch that wasn’t his own.
“I don’t have Hulk’s original contract here. I really don’t. I’m sure somebody listening does. There was language in Hulk’s initial contract that gave him the lion’s share of his merchandise, a much larger percentage of his merchandise than other WCW talent were getting. But to my knowledge as I sit here and talk to you, Hulk Hogan wasn’t receiving royalties on merchandise that wasn’t his, I don’t believe.”
Bischoff made it clear that he didn’t want to be providing false information, so he asked that anyone provide proof of Jericho’s claim if it indeed were true.
“So if somebody’s got a contract out there, including Chris Jericho or anybody else that can prove that I’m wrong about that, I’ll be grateful for them for pointing that out to me, but I don’t think that’s the case.”