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Undertaker Reportedly Signs Bumper WWE Deal | Wrestling News Update, May 16 2020

With news on a reported new deal for The Undertaker; Matty Deller brings you the Wrestling News Update.

MISSED ALL THE BIG NEWS IN WRESTLING? DO NOT FEAR WE WILL COVER ALL THE BIG STORIES IN ONE PLACE; THIS IS THE WRESTLING NEWS UPDATE!

UNDERTAKER REPORTEDLY SIGNS 15-YEAR WWE DEAL

According to the Wrestling Observer Newsletter, The Undertaker signed a 15-year deal with WWE in 2019. If this ends up being true, he would end up having at least a 44-year tenure as an employee of WWE, starting back at the Survivor Series in 1990.

It is unclear how long of that tenure will be as an in-ring competitor, Undertaker did reveal in the latest episode of ‘The Last Ride’ that his career was supposed to end at WrestleMania 33 against Roman Reigns.

FOUR MATCHES MADE FOR SMACKDOWN

Four matches have already been made for next Friday’s episode of SmackDown.

Following their confrontation, NXT Women’s Champion Charlotte Flair will face SmackDown Women’s Champion Bayley. The remaining two of the four first round matches in the WWE Intercontinental Championship tournament will take place as Jeff Hardy will face Sheamus and AJ Styles will take on Shinsuke Nakamura.

Finally, there will be a heated mixed tag match when Mandy Rose & Otis take on Sonya Deville & Dolph Ziggler.

WOMEN’S TAG TITLE MATCH MADE FOR RAW

Following their non-title win last week, The Iiconics will face Nikki Cross and Alexa Bliss once again but this time the titles will be on the line on Monday’s RAW.

Peyton Royce and Billie Kay returned to WWE TV last week and will look to become two-time tag champions, winning their first at WrestleMania 34.

Monday Night Raw will also see WWE Champion Drew McIntyre will take on SmackDown’s King Corbin.

FURTHER DETAILS ON VINCE MCMAHON/OLIVER LUCK LAWSUIT

According to The Associated Press, attorneys for Vince McMahon’s argued in court this week he was justified in firing XFL CEO Oliver Luck last month just prior to the league ceasing operations.

McMahon’s attorneys claim Luck was fired for cause, alleging he failed to devote all of his business time to XFL responsibilities. Per McMahon’s defense, Luck, “effectively abandoned his responsibilities as the CEO and Commissioner of the XFL at a time when the league faced its most significant crisis –– the threat to its business caused by the COVID-19 pandemic.”

Luck filed a federal lawsuit over his firing on April 9th where Luck alleges McMahon breached his contract and is seeking $23.8 million.

The $23.8 million Luck is seeking includes $800,000 in base salary for the remaining two months of his 2019-20 contract, a $2 million bonus for the 2019-20 contract year and $21 million in salary and bonuses on the remaining three years of his XFL deal.

KAZARIAN ADDED TO CASINO LADDER MATCH

All Elite Wrestling has confirmed Frankie Kazarian for the Casino Ladder Match at Double or Nothing.

He is the seventh participant announced for the ladder match, alongside Darby Allin, Colt Cabana, Orange Cassidy, Fenix, Kazarian’s SCU stablemate Scorpio Skyand Kip Sabian. The winner will get a future shot at the AEW World Championship.

DRAGON GATE ANNOUNCES MORE LIVE EVENT CLOSURES

Japanese promotion Dragon Gate have announced that all shows through June 10th have been cancelled.

Back in April, Dragon Gate cancelled several weeks’ worth of shows and put out a preliminary tour schedule for the month of June but that will now not go ahead.

Dragon Gate released an official statement, saying;

Due to the ongoing efforts to prevent further spread of Covid-19, at this time we are announcing the further cancellation of all live events through June 10th. We apologize for the inconvenience.

Dragon Gate has been holding the King of Gate 2020 tournament events in empty arenas. This year’s tournament, which can be viewed on the Dragon Gate Network, has 24 competitors split into 3 blocks. The winner from each block will advance to the semifinals. The final semifinal spot will be decided via a special battle royal where a participant who was defeated in tournament play will have the chance to gain entry back in.

VETERAN LUCHADOR DISCOVERY PASSES AWAY

Discovery, a veteran of Lucha Libre AAA and a pioneer in the Chicago independent scene, passed away this past Friday.

He wrestled for many years in Mexico, and also made appearances on WWE Raw during WWE’s brief partnership with Lucha Libre AAA in 1997. Discovery relocated to the Midwest where he began to teach the Lucha Libre Style in Chicago, working with many promotions like GALLI Lucha Libre and Freelance Wrestling and helping train superstars such as current WWE talent Kalisto and Mustafa Ali.

TWM offers their condolences to Discovery’s family, friends, and fans.

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