Jim Ross Blogs About Wrestlers Needing To Manage Their Finances Better



jim-ross-2

WWE Hall of Famer Jim Ross has updated his blog at JRsBarBQ.com with some commentary on wrestlers needing to manage their finances better.

“In today’s WWE, if a talent is working regularly, and I’m not even talking about a main event talent, there is no reason that they should not be putting significant portions of their income away for their future,” Ross said. “No reason whatsoever. Those that say otherwise likely don’t have a plan whatsoever and are more bling conscious than not. Those talents that don’t have a legitimate, reliable, licensed financial planner working with them are at the top of the list for those who will be taking Indy wrestling dates for any amount of money that they can muster long after their body has told them that enough is enough.”

Jim Ross addressed the issue of wrestlers being classified as independent contractors and whether that affects their ability to properly set aside money for taxes and save.

“Some critics decry that if these men and women were not independent contractors that these issues would be significantly lessened and to that I call BS. Look at all walks of society where men and women are members of unions, are fulltime, regular employees and they still can’t be forced to spend their monies wisely, to pay their taxes, and to prepare for their future.”

“It’s akin to having substance abuse problems. The only thing that can guarantee a cure is for the abuser committing 100% on a daily basis to choose to be clean and sober. In other words, the abuser’s biggest ally is the person that they see in the mirror because only they can stop the madness and prevent a predictable, disastrous end to their own life.”



Recent Posts

Video Highlights From WWE SmackDown (8/22/14): Roman Reigns vs. The Miz & More

Video Highlights From WWE SmackDown (8/22/14): Roman Reigns vs. The Miz & More

Watch several video highlights from WWE SmackDown. ...

Video: WWE SmackDown Fallout – Swagger Doesn’t Bo-Lieve – Aug. 22, 2014

Video: WWE SmackDown Fallout - Swagger Doesn't Bo-Lieve - Aug. 22, 2014

Jack Swagger comments on Bo Dallas' "encouraging" words. ...

WWE SmackDown Results – August 22, 2014

WWE SmackDown Results - August 22, 2014

Randy Orton makes his way to the ring to kick off the show. Orton cuts a promo on Roman Reigns and s...

Change Made To WWE’s SmackDown Announce Team

Change Made To WWE's SmackDown Announce Team

As PWMania.com reported, Michael Cole is now calling WWE Main Event on Tuesday nights with Byron Sax...

Rosa Mendes Says She Wants To Finally Win A Match, Talks About Her Love For Pro Wrestling

Rosa Mendes Says She Wants To Finally Win A Match, Talks About Her Love For Pro Wrestling

PWMania.com reported that WWE Diva Rosa Mendes has just one singles win, which was a DQ win, since b...