With Vince McMahon appearing on SmackDown Live this week, there has been a lot of speculation that he will announce Shane McMahon vs. Kevin Owens at the Hell In A Cell pay-per-view on Oct.8, 2017, in Detroit Michigan. And now, we are learning why that match is being scheduled in the first place.
Sportskeeda (via their Dirty Sheets YouTube channel) is reporting that there is one really good reason why Vince McMahon has decided to book his son (who is currently 47-years-old) for another go in the squared circle. Money!
Apparently, it isn't just his entrance music theme song. When Shane 'O Mac wrestles it really is "here comes the money."
Vince McMahon gives Shane a huge amount of credit for the success of WrestleMania 32. The event, which took place at AT&T Stadium in Arlington, Texas, became the highest attended WrestleMania of all time and was a huge commercial success—even if fans weren't as impressed overall.
However, Sportskeeda reports the event was not looking like it was going to be a success at one point, and then they added Shane O' to the card and boom! They got the additional sales of the last 26,000 tickets, which in turn, caused secondary market prices to rise and hit an average of $301 and WrestleMania 32 ended up making the company just over $29 million!
Sure, the boost in ticket sales could be attributed to many factors, but Vince holds strong to the belief that it was bringing back his son to the WWE that did it—which is why the McMahon son will be earning his pay by battling Kevin Owens on Oct. 8, 2017.
And speaking of his pay. Shane McMahon is signed to a contract that brings him $1.5 million dollars per year and according to Sportskeeda sources, the first year of his deal brought him $1.8 million which accounts for a nice $300,000 in bonuses and royalties.
It should also be noted that Shane's contract is a performer's contract only, which means he is not at all involved with creative and is only signed on to perform as SmackDown general manager as well as being contractually obligated to wrestle twice per year.