WWE is poised to re-sign Cody Rhodes to a substantial long-term contract extension, according to sources at Fightful Select. This priority negotiation has been at the forefront of WWE’s agenda since TKO assumed control as part of the big merger. Speculation is that Cody is open to signing a new deal and that a multi-year deal is nearing its finalization.
The decision to extend Rhodes’s contract underscores WWE’s acknowledgment of his immense value, despite his previous multi-year commitment just last year. This move reflects WWE’s determination to solidify its bond with the versatile superstar, eliminating any uncertainty about his future.
Rhodes’s popularity has surged, coupled with record-breaking merchandise sales. His marketability, comparable to industry giants like CM Punk, highlights his pivotal role in fan appeal and commercial success. With an impressive 99 matches in 2023, Rhodes stands as the most active wrestler, meaning her salary per match rate will be preferential to some part-time stars making big money.
Rhodes Has Proven Himself And Earned This New Deal
Rhodes’s journey from AEW to WWE marked a massive change in the industry. He became a massive star and helped AEW be the closest competition WWE has had in years. But, Rhodes sought greater success in WWE and was promising to “finish his story”. He’s yet to be the WWE Champion, and most fans expect it’s now a matter of when and not if.
As negotiations for the contract extension near conclusion, WWE is on the verge of securing Cody Rhodes for the long term, solidifying his status as a cornerstone within the organization. This move not only signifies financial acknowledgment but also underscores WWE’s recognition of Rhodes as a valuable asset, especially considering his pivotal role in the wrestling landscape’s transformation.
