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Matt Riddle, WWE working on new three-year, $1.2 million deal

Image: WWE

According to Dave Meltzer in this week's Wrestling Observer Newsletter, WWE and Matt Riddle are close on a new three year, $1.2 million deal.

Meltzer said Riddle's deal is up in August. The new contract would be guaranteed at $400,000 per year in addition to $50,000 for every event he works in Saudi Arabia.

Meltzer added that "the story is that Vince (McMahon) doesn’t understand his Bro gimmick but loves the vignettes he’s doing as he finds them hilarious."

Riddle signed with WWE in the summer of 2018 and was in NXT until the early summer of 2020, winning their tag team titles with Pete Dunne. He was called up in June and made his in-ring SmackDown debut on the same day he was accused of sexual assault by wrestler Candy Cartwright (Samantha Tavel) which he has repeatedly denied. She sued him, WWE, and EVOLVE's Gabe Sapolsky in October and WWE sought to move the case to federal court instead of municipal court earlier this month.

The soon to be 35-year-old was moved to Raw in October and had his first name dropped by WWE shortly thereafter.