PWMania.com reported that WWE recently sent out a letter to all former contracted talents offering them assistance. The name of the program is the WWE Professional Development program. Below is a copy of the letter that was sent out, clarifying some of the details:
“WWE is pleased to announce a Professional Development Program available to former WWE talent, and in some cases, their family members. The Professional Development Program aims to provide guidance and support beyond your tenure with WWE. The first two initiatives are:Financial Education and Continuing Education.
Money Management International (MMI) is the largest non-profit credit counseling agency in the country and has partnered with WWE to provide financial education to WWE talent. Please see enclosed packet for more information. The use of MMI is free for you and your immediate family members. We encourage you to reach out to MMI for assistance.
WWE is now offering financial scholarships to former WWE talent in the amount of $5,000 per calendar year to be used for obtaining a college degree or completing a certificate program. In order to receive this scholarship, a former WWE talent must apply for the three annual scholarships that are available. Please note–the deadline for the 2014 award is Friday, 8/1.
To keep former WWE talent up to date with WWE news, we will be distributing via email an “Alumni Newsletter” on a quarterly basis. The newsletter will include information on WWE news, archives, wellness, professional development and more.”
(Source: Wrestling Observer Newsletter)