10-31-2017, 09:45 AM | #41 |
President of Freedonia
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Years before he was even finished with WWE it was speculated that he'd saved up his money throughout his career, and that was before he'd had his proper main event run. He doesn't spend lavishly.
It wouldn't surprised me if he could live comfortably for the rest of his life. |
10-31-2017, 09:47 AM | #42 |
I am the cheese
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his net worth is 8mil. Thats not much given is age. Would have to spend 40k a year or less.
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10-31-2017, 09:48 AM | #43 |
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Hope he doesnt have any medical expenses later in life, or any major home repairs.
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10-31-2017, 09:48 AM | #44 |
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Not to mention the law suit, not only is it causing him to lose money to lawyers if he loses the counter suit he could be left with half that possible less.
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10-31-2017, 09:49 AM | #45 |
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He will need a pay day before he goes belly up.
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10-31-2017, 09:50 AM | #46 |
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And none of this factors in inflation
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10-31-2017, 09:50 AM | #47 |
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40k in 2040 money...lol
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10-31-2017, 09:52 AM | #48 |
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Thoughts got rumbled, he would be looking at 40k in the event he loses the law suit...the law suit is the only hope he has for not needing money later in life. Its an all in gamble.
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10-31-2017, 09:55 AM | #49 |
President of Freedonia
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Did you just type in "CM Punk net worth" into Google and try to pass it off as a reliable source of information?
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10-31-2017, 09:58 AM | #50 |
I am the cheese
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10-31-2017, 09:59 AM | #51 |
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He negotiated his contract publicly if you remeber. 1.7 mil with a 3.5% on merch
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10-31-2017, 09:59 AM | #52 |
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The math is easy to do after that
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10-31-2017, 10:10 AM | #53 |
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I assume he invested.
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10-31-2017, 10:15 AM | #54 |
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lol
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10-31-2017, 10:38 AM | #55 |
President of Freedonia
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10-31-2017, 10:38 AM | #56 |
President of Freedonia
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Double post
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10-31-2017, 11:32 AM | #57 |
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How much did he get for his UFC fight?
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10-31-2017, 12:23 PM | #58 |
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$1 mil
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10-31-2017, 07:03 PM | #59 |
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Not bad for an amateur.
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11-01-2017, 12:26 AM | #60 |
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Punk will be back doing something.
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11-01-2017, 08:06 AM | #61 |
TPWW's HHH Mark Since '04
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Corgan/Punk seem like a natural relationship.
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11-01-2017, 08:10 AM | #62 |
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It could work. Punk/New Japan also seems like a glove.
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11-01-2017, 09:22 AM | #63 |
MVP Mark
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I imagine Punks 401k makes more in a year than any of us do with our job.
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11-01-2017, 06:23 PM | #64 |
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Ooh, I'm not sure about that. I imagine it's better than the average salary, but I think people are overestimating how much the dude is worth.
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11-01-2017, 06:28 PM | #65 |
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He's not starving by any stretch...well, except he's not getting enough protein or animal fats.
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11-01-2017, 07:25 PM | #66 |
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There's a difference between "not starving" and never needing to work a day again in your life.
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11-01-2017, 07:25 PM | #67 |
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Also, praxis is good for the soul. Punk will want to keep himself busy or he'll likely go insane.
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11-01-2017, 07:27 PM | #68 |
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Agreed. Most definitely agreed. I'm just saying I know I could live the rest of my life comfortably with less than 3 million dollars.
#simplelife |
11-02-2017, 08:37 AM | #69 |
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I wouldn't try and compete. That would just be a good way to spend money chasing a goal which ultimately other than prestige and bragging rights wouldn't actually do anything.
I'd try and keep a solid financial base, worrying much more about profit and turnover than ratings. Starting point before even spending any money would be TV networks. I'd focus on pitching an idea before actually spending money on sets and contracts, although will need to sign a few 'bigger' names up to 'in-principle' style contracts. Possibly look at the UK market as there is potential to get ITV involved which would be a big score. Pitch would be at a 14+ product aimed towards an older audience than the WWE to find a slight niche in market. Money would be invested significantly in production values to make for a high quality product as I think this is one of the biggest differences between WWE and other organisations. Ticket prices would be kept low to maximise attendance and atmosphere, with the aim of recouping money on merchandise. Aim would be to be live on UK TV. Bi-monthly 'PPV' type events would be free to air, but with a higher ticket price. Would include an 'off season' to lower wrestler injury rates and allow them to raise their own profiles overseas (on a limited basis). Would not be adverse to an arrangement which sees international distribution on WWE Network (not the UK though), though this would be subject to any other TV deals. |
11-02-2017, 08:57 AM | #70 |
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WCW wanted to destroy WWE and steal their audience. Right now the WWE owns the lion's share of every aspect of the market.
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11-02-2017, 09:00 AM | #71 |
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I think Destor is on to something with Punk's money. He is accustomed to living a particular lifestyle by now. He is not going to go back to being an average Joe after having millions in the bank. It doesn't work like that.
Given what life can throw at you, he would need to have multi millions in the back to have any sort of guarantee. His only real use is as a performer too. Let's be honest, the UFC thing has one more loss before time is called on that. He is no use as a media guy for them because he doesn't know the sport well enough. If he wants millions, he needs to wrestle again |
11-02-2017, 09:27 AM | #72 |
President of Freedonia
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Punk has also been doing writing for Marvel Comics.
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11-02-2017, 09:39 AM | #73 |
I am the cheese
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Inflation and Taxes. If he can cover both of those via misc income for the next 50 years (and not lose his ass in this lawsuit) he could budget his money and be ok.
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11-02-2017, 09:40 AM | #74 |
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Oh and unexpected medical exspenses and home/auto repairs.
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11-02-2017, 09:41 AM | #75 |
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For his age and the current rate and projected future rate of inflation he needs more than what he's earned up until now to live and not work.
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11-02-2017, 09:55 AM | #76 | |
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Quote:
Saying that, I can't see the likes of Billy Corgan having the means to pay someone like Punk. I will say this, if he doesn't ever go back to WWEz I admire him for having principals in the face of losing potential millions. That's hard not to respect |
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11-02-2017, 10:12 AM | #77 |
President of Freedonia
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I recently watched Punk's farewell match in ROH. He's clearly overcome with emotion and visibly crying on the way to the ring. It made me sad to realize that his passion for the industry was completely ripped away.
Having said that if he ever did get the itch to wrestle again, or needed to at least make some money, I really think he'd happily take a lot less to go back to ROH or Japan or wherever. I see no reason to think he'll go to WWE again. |
11-02-2017, 10:19 AM | #78 |
I am the cheese
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he was a miserable bastard in RoH too
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11-02-2017, 11:52 AM | #79 |
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If I was given a billion dollars Id look for a real sports team to buy.
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11-02-2017, 11:59 AM | #80 |
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Ted Turner isn't interested, Stickman.
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