How Rich Is John Laurinaitis In 2022? Net Worth And Career Earnings
John Laurinaitis is a wealthy wrestling executive and a retired wrestler. He is known for his time at the World Wrestling Entertainment (WWE). Although working backstage, Laurinaitis is a popular name in the industry. He has wrestled for franchises like WCW and AJWP in the past.
The former wrestler, also known as Johnny Ace, is the stepfather of WWE divas- Nikki and Brie Bella. He has appeared in the storyline alongside superstars like John Cena, CM Punk, and Shane McMahon. The executive also made an appearance on the reality show Total Bellas.
Laurinaitis was re-hired by Vince McMahon in March 2021 as the company’s Head of Talent Relations. He was partially responsible for hiring and firing superstars. But, sadly, WWE has announced they have decided to officially remove Laurinaitis from his post in August 2022.
John Laurinaitis Net Worth- How Rich Is He In 2022?
John Laurinaitis’ net worth is calculated to be around USD 8 million.
The ex-WWE executive is among the wealthiest wrestling executives. He has a career span of more than three decades, making his ring debut in 1986. Then, he continued in the industry, serving in various executive positions, including a short tenure as the interim General Manager of RAW.
Accoridng to a Report on sec.gov, Laurinaitis was offered the job as the Head of Talent Relations in 2001. Initially, he proposed USD 350,000 as a base salary, which the executive received bi-weekly.
His pay increased as the year passed, and WWE was doing great business between 2010 and 2015. The company re-hired Laurinaitis in March 2021. This time his salary got increased. Although his specific remuneration is unknown, the average US WWE Senior Executive salary earns more than USD 400,000.
John Laurinaitis Carrer Earnings As WWE Executive
John Laurinaitis won numerous championships throughout his wrestling career, significantly boosting his profits.
He is a former one-time OWF Heavyweight Champion and two times ICWA Florida Heavyweight Champion. In addition, he has won many tag team championships.
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The WWE hired Laurinaitis in 2001. The company also offered him to purchase 20,000 shares of Class A Common Stock of the firm.
The retired wrestler benefited from the WWE for Medical, Dental, Life, LTD, and 401(k) plan. He was also qualified to participate in the WWE Incentive Management Program.
John Laurinaitis Officially Fired By WWE
Wrestling executive John Laurinaitis had already lost his job in June 2022. He was dismissed from his post and substituted by Bruce Prichard.
His future with the company had been in doubt since The Wall Street Journal Report. In the news, he and Vince engaged in inappropriate behavior with the employees.
John Laurinaitis has been ‘quietly’ let go by WWE amid his involvement in the Vince McMahon investigation, per @PWInsidercom pic.twitter.com/COclLvrfkb
— B/R Wrestling (@BRWrestling) August 8, 2022
The longtime serving executive was also caught up in a report alleging Vince McMahon paid hush money to former employees. The report claimed that Vince paid around $3 million to a former employee to keep an affair quiet.
Following this, the WWE board began investigating nondisclosure agreements related to misconduct claims by women. They quickly put John on administrative leave naming Triple H as the new Head of Talent Relations.
The board investigation began in April 2022 and did not immediately announce Laurinaitis’s termination. They officially removed him on Monday, August 8, 2022.
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