Episode 425: No Contract Is Forever

On this episode of 83 Weeks, Eric Bischoff and Conrad Thompson pull back the curtain on some of wrestling's hottest business topics and biggest misconceptions. Eric explains why he believes Ted Turner is one of the biggest reasons WWE is still thriving today, and how the Monday Night Wars forever changed the industry. He also dives into the reality of talent contracts, discussing why a WWE deal never guaranteed The New Day lifetime job security and why, sometimes, audiences simply move on from an act. The guys welcome gimmick attorney, Michael Dockins to the show. Mike breaks down the often misunderstood 90-day non-compete clause, revealing how it actually works behind the scenes, while Mike and Eric analyzes the new "delightfully vague" language appearing in modern talent agreements. Plus, Bischoff gives his take on the myth of "no-cut contracts" and why guaranteed deals aren't always what fans think they are. Business takes center stage as Eric praises TKO Group Holdings's partnership with ESPN, calling it a brilliant marketing move for the future of wrestling media. He also reflects on the financial disasters of World Championship Wrestling house shows, revealing just how much money the company burned during its peak years. And in one of the wildest conversations yet, Eric explores how OpenAI and artificial intelligence could help shape future wrestling storylines before 83 Weeks actually uses ChatGPT to fantasy book the main event of SummerSlam!       ROCKET MONEY - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to http://RocketMoney.com/83WEEKS    BLUECHEW - Right now, when you buy two months of BlueChew Gold, you get the third for FREE with promo code 83WEEKS. Visit http://BlueChew.com  for more details and important safety information, and we thank BlueChew for sponsoring the podcast.   JCW LUNACY - Juggalo Championship Wrestling drops BRAND NEW episodes of Lunacy every Thursday at 7pm ET exclusively on their YouTube channel http://youtube.com/@psychopathic_records check it out!   MORGAN & MORGAN - If you're ever injured, you can check out Morgan & Morgan. Their fee is FREE unless they win. For more information go to ForThePeople.Com/83weeks or dial #LAW (#529) from your cell phone.    BETTER WILD - Right now, Betterwild is offering our listeners up to 40% off your order at http://betterwild.com/BISCHOFF    CHIME - Chime is not just smarter banking, it is the most rewarding way to bank. Join the millions who are already banking fee free today. It just takes a few minutes to sign up. Head to http://Chime.com/83WEEKS  .   SAVE WITH CONRAD - Stop throwing money away by paying those high interest rates on your credit card. Roll them into one low monthly payment and on top of that, skip your next two house payments. Go to https://www.savewithconrad.com  to learn more.