Tuesday, January 15, 2013

The Color of Money

Alright, we all know who this guy is, don't we?


Now I realize he doesn't wear green all the time, but this ghastly atrocity is actually still very popular among kids in attendance at WWE shows. Not only does it make you as a little kid easier to see amongst thousands of people, but it also leaves no doubt as to with whom your allegiance lies. You are a card-carrying member of the Cenation.


And if you'll grant me a little creative license, allow me to make this connection: Cena wears the GREEN because GREEN is the color of MONEY. And when it comes to World Wrestling Entertainment, CENA EQUALS MONEY.

Now you're all going to stand up and shout about how Cena isn't nearly the draw that Hulk Hogan was, or that he's not nearly the draw that "Stone Cold" Steve Austin was, or that he's not nearly the draw that The Rock was, and that is all true. So pat yourselves on the back, Barry Horowitz, you win that argument.

But that's not the issue. The issue is NOT how much money has Cena ever made for WWE. The issue IS does Cena make money for WWE RIGHT NOW.

The answer is, Yes.

This isn't your dad's WWWF. This isn't even your WWF. This is your kid's WWE. Get it through your heads, people. Those are THREE ENTIRELY DIFFERENT COMPANIES. What worked for the World Wide Wrestling Federation would not have worked for the World Wrestling Federation. And what worked for the World Wrestling Federation WILL NOT WORK for today's World Wrestling Entertainment.

Okay, I may be stretching things just a bit because I personally believe that some of the tested and proven methods of making money that worked for the WWF, and even the WWWF, would actually work for WWE, but it doesn't matter what I think. And it doesn't matter what you think.

What matters is what the shareholders and board of directors think.

World Wrestling Entertainment is a publicly-traded company. It isn't Vince McMahon's rasslin' promotion anymore. It's PG because it HAS to be PG. It isn't because anyone on the planet believes that the best form of wrestling entertainment is created under the PG banner. Anyone who has watched the Rock during his comeback both this year and last year knows that a little edgier is better.

But with CREATIVITY comes RISK.

Ask anyone who has ever had an idea. When you attempt to make your IDEA into a REALITY, you run the RISK of it not being accepted. Not a big deal if all your doing is say, writing a blog on a free blog-posting website. The risk is virtually non-existent.

But when you run a million-dollar company, every single idea that comes out of your creative meetings with the company's stamp of approval, carries with it a MILLION-DOLLAR RISK. All it takes is ONE bad angle, ONE bad promo, ONE bad idea, to cost the company THOUSANDS, if not MILLIONS of dollars.

And forget the fans. I'm not talking about the fans' dollars. Fans are extremely forgiving. Because they're fans. How much garbage have we sat through in our twenty or thirty something years as wrestling fans and yet where are we on Monday nights? In front of TVs watching Raw. Despite ranting and raving all week long about how terrible the product is, we remain loyal and hopeful because we're fans. That's our nature.

But sponsors and advertisers don't have to be fans. And THAT, my friends, is where World Wrestling Entertainment's bread gets buttered.

If you want to read the company's spiel, you can check out this article printed by the Miami Herald last summer.

I'm not going to pretend to understand all the verbiage, but here's the gist of it: if I'm Vince McMahon, here's how I think: "It's not what we DO, it's who we ARE. We are WWE. Consumers (not fans) RECOGNIZE OUR BRAND so they come to us. Just like they recognize Coke or Pepsi. As long as we always LOOK THE WAY WWE IS SUPPOSED TO LOOK, we will always keep consumers coming back.

"Therefore, we're not selling ourselves to the consumers; we're selling ourselves to SHAREHOLDERS, SPONSORS, and ADVERTISERS. And sharholders, sponsors, and advertisers want TWO THINGS: a SAFE INVESTMENT, and BRAND STRENGTH. If we get too CREATIVE, we RISK becoming an UNSAFE INVESTMENT. And that cannot happen.

"Therefore, if we can find something that works within the boundaries of a SAFE INVESTMENT, we will ride that gravy train as long as we can."

And that's where THIS guy comes in...


Look at him. More importantly, look at those troops. They don't care that he dresses like a 12-year old boy. They don't care that he wrestles like one. All they know is, he's a good guy who supports them and is the face of THEIR FAVORITE WRESTLING BRAND, WWE.

Anybody think Zack Ryder could fill that role? How about Daniel Bryan? CM Punk? R-Truth and Little Jimmy? What about The Miz? Could they do it as well as John Cena?

Answer? "OH, HELL NOOOOOOOO!!!!!"

Now you know why it's John Cena and NOT those guys. That's why it will be John Cena as long as he's capable of functioning inside a wrestling ring. Because he does this WITHOUT BEING CREATIVE. We've all seen John Cena at the top of his game. We know he has it within himself to be entertaining and come with edgier stuff. But that means RISK. And WWE is not going to risk losing shareholders, sponsors, or advertisers.

They've clearly lost fans. Just look at the ratings for Raw. They're nowhere near where they were in the days of Stone Cold and the Rock. But they haven't lost ENOUGH fans and they NEVER WILL because they know it's not just John Cena, it's THE BRAND. It's WWE.


What SHOULD have happened when the World Wrestling Federation became WWE, fans should've abandoned ship the way they did when New Coke came out.


But we didn't. Because even though it didn't TASTE like the WWF, it still LOOKED like the WWF so we stayed. Not all of us, but enough of us did.

And so, instead of scrapping WWE, and going back to what worked, they found a way to make money with New Coke. And the rest is history.

So why did I bother going to such lengths to essentially justify what Vince McMahon and WWE is doing? Am I happy with the current product? HELL to the NO!! But as the Smartest Man Not In Professional Wrestling, it is my obligation to understand the current wrestling landscape. And what I've just laid out for you so eloquently IS the current wrestling landscape as it pertains to World Wrestling Entertainment. No one else is going to break it down any simpler.

So what should YOUR response be to what I have just told you? Ideally, we would all close our wallets, put away our checkbooks and go find something better to do. It's not that WWE hasn't done a few good things since they adopted the new formula, but if we're all honest we'd have to admit that a good 75-90% of what they have done in the past decade has fallen short of expectations.

That's a pretty lousy performance record. As a fan of the San Diego Chargers, I know all about failure. But in sports, you don't suddenly change teams unless you have a vagina. But this isn't sports. The rules are different here. It's not as if they aren't controlling the outcomes. What we have gotten is what THEY have chosen to give us. So it's up to us to say, "I'm switching brands because I don't like the way this shit tastes."

A lot of people have done it already. But not enough for them to pull the plug. So what's a couple hundred or thousand more marks reading spoilers on the internet? They'll always have the troops. They'll always have the middle-income nuclear families. And those people will happily whip out their checkbooks when it comes time to order a pay-per-view or visit the t-shirt stand. Why? Because it's WWE. It's the brand they recognize. They know it's safe. Think they realize such a thing as TNA exists? Not a fucking chance. If their kid did happen upon Impact on TV, think their parents are going to spend money on that ghetto-looking shit? No. Fucking. Way.

So basically, I'm not telling you to do anything. You want to watch WWE in the hopes of gleaning the few good bits of grain you can? Go ahead. Just don't waste your time getting all red-faced and stomping a mudhole in your TV. Realize, nothing's going to change. You want to make a statement and show WWE how fed up you are? Then take your consumer dollars elsewhere. I personally don't think it will make a difference but maybe it will improve your blood-pressure and that alone will be worth it.

Who knows? Maybe enough people WILL turn away and WWE will finally get the message and start to take some risks and improve the level of creativity. But in the meantime, THAT is the state of the business and no one is going to lay it out any better. What you choose to do with the knowledge is up to you.

And that's the last word, peeps. Now it's time to make your voice heard. WWE may not be willing to listen. But here, your opinion actually matters. So.......DISCUSS!

{The Smartest Man Not In Professional Wrestling is mentioned regularly on his two favorite wrestling shows, The Shining Wizards Wrestling Podcast and Turnbuckle Throwbacks. Follow him on Twitter, @DansLastWord.}

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