Kofi Kingston and Xavier Woods Reportedly Turned Down 50% Pay Cut From WWE

August 14, 2026 at 9:19 PM IST
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Kofi Kingston and Xavier Woods Reportedly Turned Down 50% Pay Cut From WWE

It has been widely expected, ever since The New Day decided to leave WWE after turning down a 50% pay cut to stay, that Kofi Kingston and Xavier Woods would be winding up in AEW. The Young Bucks have wanted to do a program with them for years — and now, months after the split, that dream match feels closer than ever.

The New Day's exit wasn't a typical release — it was the result of a stand. Kingston and Woods had signed five-year contract extensions with WWE back in 2025, doing so without even shopping around for offers from AEW or other promotions, widely seen as a genuine show of loyalty to the company. Just a year later, TKO came back and asked them to restructure those deals at a reduced rate, reportedly giving them only two days to decide. Both men chose to walk instead, leaving millions on the table from the remaining four years of their contracts.

The New Day's situation wasn't isolated. Wrestling Observer's Dave Meltzer confirmed reports that at least one major-name WWE wrestler agreed to a 50% pay cut around the same time, with sources noting the wrestlers being targeted were often those earning well into seven figures — talent who "simply couldn't earn anywhere near $1 million elsewhere," limiting their leverage to push back. Multiple reports indicate the number of wrestlers approached about cuts was under half a dozen, largely veterans, including some recovering from injury, whom the company reportedly would have released outright had they refused.

How WWE handled the departure reportedly stung people behind the scenes. The company quietly moved both Kingston and Woods to the alumni section of its website without any public acknowledgment of their contributions — no farewell, no statement. One WWE source told Fightful Select they were "disgusted" by the lack of recognition. A joint statement marking the departure had apparently been planned internally but never materialized.

Interest from AEW's side has been an open secret. Multiple people within the company reportedly pushed for New Day to be signed, with insiders noting frustration among talent over how WWE handled the exits of players like New Day and Santos Escobar — wrestlers who'd signed extensions in good faith within the past year.

The Young Bucks haven't been subtle about their excitement. AEW's Dynamite has featured Matt and Nick Jackson wearing light blue shirts with pink-and-white accents — an unmistakable nod to New Day's classic color scheme. Matt Jackson has since confirmed publicly that a Young Bucks vs. New Day dream match is "at play," calling it something he'd "counted off as a possibility" until now.

As of mid-August 2026, the deal isn't officially confirmed, but nearly every signal points the same direction. The New Day's 90-day non-compete clause was expected to expire around the start of August, with some reports suggesting a debut as early as AEW Collision on August 1, or shortly after SummerSlam if not. Speculation continues to swirl around a possible arrival tied to a Young Bucks/Christian Cage & Adam Copeland trios angle, with several outlets floating AEW All In: London at Wembley Stadium as a potential landing spot for the big reveal.

Published on August 14, 2026 at 3:49 PM

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It has been widely expected, ever since The New Day decided to leave WWE after turning down a 50% pay cut to stay, that Kofi Kingston and Xavier Woods would be winding up in AEW. The Young Bucks have wanted to do a program with them for years — and now, months after the split, that dream match feels closer than ever. The New Day's exit wasn't a typical release — it was the result of a stand. Kingston and Woods had signed five-year contract extensions with WWE back in 2025, doing so without even shopping around for offers from AEW or other promotions, widely seen as a genuine show of loyalty to the company. Just a year later, TKO came back and asked them to restructure those deals at a reduced rate, reportedly giving them only two days to decide. Both men chose to walk instead, leaving millions on the table from the remaining four years of their contracts. The New Day's situation wasn't isolated. Wrestling Observer's Dave Meltzer confirmed reports that at least one major-name WWE wrestler agreed to a 50% pay cut around the same time, with sources noting the wrestlers being targeted were often those earning well into seven figures — talent who "simply couldn't earn anywhere near $1 million elsewhere," limiting their leverage to push back. Multiple reports indicate the number of wrestlers approached about cuts was under half a dozen, largely veterans, including some recovering from injury, whom the company reportedly would have released outright had they refused. How WWE handled the departure reportedly stung people behind the scenes. The company quietly moved both Kingston and Woods to the alumni section of its website without any public acknowledgment of their contributions — no farewell, no statement. One WWE source told Fightful Select they were "disgusted" by the lack of recognition. A joint statement marking the departure had apparently been planned internally but never materialized. Interest from AEW's side has been an open secret. Multiple people within the company reportedly pushed for New Day to be signed, with insiders noting frustration among talent over how WWE handled the exits of players like New Day and Santos Escobar — wrestlers who'd signed extensions in good faith within the past year. The Young Bucks haven't been subtle about their excitement. AEW's Dynamite has featured Matt and Nick Jackson wearing light blue shirts with pink-and-white accents — an unmistakable nod to New Day's classic color scheme. Matt Jackson has since confirmed publicly that a Young Bucks vs. New Day dream match is "at play," calling it something he'd "counted off as a possibility" until now. As of mid-August 2026, the deal isn't officially confirmed, but nearly every signal points the same direction. The New Day's 90-day non-compete clause was expected to expire around the start of August, with some reports suggesting a debut as early as AEW Collision on August 1, or shortly after SummerSlam if not. Speculation continues to swirl around a possible arrival tied to a Young Bucks/Christian Cage & Adam Copeland trios angle, with several outlets floating AEW All In: London at Wembley Stadium as a potential landing spot for the big reveal.

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