The Pro Wrestling Insider website today is running a story about WWE sending letters to former contracted Superstars, Divas, and referees offering them financial planning assistance free of charge to help them for life after professional wrestling.
What we can confirm is that the company has entered into an agreement with Money Management International – the largest nonprofit, full-service credit counseling agency in the United States – to provide these services to former talent.
MMI will help with budget counseling, debt control, saving money, and other financial-related goals. The agreement will also cover the immediate family members.
In addition, WWE will be offering financial scholarships in the amount of $5,000 per calendar year which will go towards getting a college degree or completing a certificate program.
These new services to former talent join the health and wellness program which offers free rehab for drug and alcohol abuse to anyone who is seeking help.