source: Wrestling Observer Newsletter
Shawn Michaels recently signed a five-year contract at $1.5 million per year with WWE. He will make at least $7.5 million throughout the duration of the contract - not including merchandise royalties, PPV bonuses, etc... The contract will expire when he is 46 years old.
This contract offer shocked a lot of people, including HBK himself. He never expected to get an offer close to this level. Michaels had talked about phasing himself out and working a lesser schedule, but with this kind of money offered to him, he changed his mind.
