Hulk Hogan says he had a guaranteed contract in 1984.
When Scott Hall and Kevin Nash jumped to WCW from WWE in 1996, the duo were credited, and took credit for, making guaranteed contracts popular in wrestling. A guaranteed contract would allow performers a guaranteed amount of money and less based on how the business was doing at the time.
Speaking on The Outbound Life, Hulk Hogan claimed that he had a guaranteed contract long before Nash and Hall were in WCW.
"I don't know if it was Kevin Nash or somebody said, 'there were never any guaranteed contracts until we came along.' I think Kevin Nash might have said it. When I came back, January 23, 1984, I won the belt. I was back a couple months before then doing TV. I had a guaranteed contract back then. I had a ten-year guaranteed contract then. That was way before they signed Kevin Nash. That was 20 years before. Vince (McMahon) wanted to lock me down because, at the time, I had the gimmick figured out, and I was so hot. I was leading the charge on a lot of fronts. The guaranteed contract was a constant. At the time, I started making movies too. I was making a couple movies a year. That was extra money on the side. There was a 1-900 number. 1-900-HULK-HOGAN. It was a hotline that kids could call. They would get their parent's credit card and stay on the phone all night talking to me. It was all pre-recorded messages about training and vitamins and storyline. I made a ton of money on that 1-900 number. I was killing it on that. Doing movies. My merchandise was selling like crazy," said Hogan.
Hogan, Hall, and Nash would famously form the New World Order after Hall and Nash joined WCW in 1996.
Elsewhere during the interview, Hogan commented on Adam Copeland's dive at AEW Double or Nothing. You can find his full comments by clicking here.
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