As previously reported, Kevin Owens has signed a new multiyear deal with the WWE, after the company made him an “excellent offer.”
A few new details have emerged regarding Owens’ new deal. Dave Meltzer on the latest Wrestling Observer Radio, stated that the new contract is in the range of $2-3 million per year. He also added that the new contract does not come with a “No Cut” clause, meaning Owens could theoretically be released at any time.
Owens (real name Kevin Steen) is currently part of the main event scene on Raw and will challenge for the WWE championship in a fatal four-way match at WWE’s Day 1 pay-per-view.
Owens first joined WWE in 2014, debuting in NXT. He’s a former universal champion, NXT champion, intercontinental champion, and United States champion.
