WWE Hall Of Famer Released Due To Budget Cuts + Sheamus To Appear On Royal Pains

Partial Source: PWInsider

- WWE is in the middle of budget cuts and WWE Hall of Famer Ricky Steamboat was let go from the company due to the cuts. Steamboat has been working as a coach down in WWE developmental (NXT) for the past couple of years. He was recently working at the WWE offices in Talent Relations under Triple H.

Also read: More On The Recent Release Of Ricky Steamboat From World Wrestling Entertainment

Steamboat is already scheduled to appear at several conventions and non-WWE interview DVD’s in the coming months.

- WWE United States Champion Sheamus will be making an appearance on this Tuesday night’s episode of Royal Pains on the USA Network. Down below is a preview:

Report: More WWE Budget Cuts On The Way

Vince McMahon has ordered more budgets cuts for this year to lessen the company's $45-53 million loss.

Besides several wrestlers having to change their first-class travel to coach, there is also talk of scaling back catering at WWE events, though it would not necessarily be eliminated entirely.

Also read: ?Report: Vince McMahon Orders Massive Cuts; More Firings?

The source also says there have been changes on international travel and a hiring freeze within the company.