WWE offers financial assistance, scholarships to former wrestlers
The WWE Talent Relations department distributed letters to former contracted wrestlers and referees this week, offering them assistance as it pertained to financial planning.
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According to the letters, the WWE will be offering debt assistance and financial planning services via a financial firm the company has contracted. All who have been contracted to the WWE are eligible to receive the services.
In addition to the aforementioned assistance, the WWE will also provide a $5,000 scholarship to the performers, in an effort to help them further their college education.
In order to be eligible for the 2014 fall semester, the talents are required to enroll by August 1, and must provide the WWE proof of enrollment, as to avoid any possibilities of fraud.
Many former wrestlers end up in less-than-glorious lifestyles due to the conditions and physical stress put on their bodies, in addition to several other factors. The WWE would surely like their former talents to paint them in a more positive light, as well as go on to lead successful careers, instead of relying on independent shows and conventions.
The WWE also provides a drug rehabilitation program at no charge to current and former members of their talent roster as well. Many wrestlers, including Maven, Jake Roberts, and Scott Hall have taken advantage of this.
This is a major step in the right direction for the WWE, which has an exceptional track record of taking care of their former talent. The wives of the late Ultimate Warrior and King Mabel have both noted that the WWE sent assistance to their family in light of their passing.