WWE Legend "Stone Cold" Steve Austin shared views on Vince selling WWE

Stone Cold Steve Austin is widely known for his rebellious personality and his relentless pursuit of what he called “the Austin 3:16 lifestyle.

Steve Austin with Jeff Jarrett [Image Credit: Twitter@steveaustinBSR]
By Mohit | May 27, 2023 | 3 Min Read follow icon Follow Us

WWE Legend and Hall of Famer, “Stone Cold” Steve Austin shared his views on various topics like Vince McMahon selling WWE and his recent conversation with CM Punk regarding his AEW situation on the Sports Illustrated media podcast. Stone Cold Steve Austin is widely known for his rebellious personality and his relentless pursuit of what he called “the Austin 3:16 lifestyle.

“Stone Cold” on CM Punk AEW situation

“I just sent a message to Punk yesterday and we were just talking about his dog. He posted a picture of his dog and I sent him a message. I heard through the grapevine that he pulled his tricep. ‘Did you tear your tricep?’, and he confirmed that he had. I don’t know where he is in the healing process. I don’t know the ins and outs of the behind-the-scenes stuff. We own a TV and we stream shows every night, but I don’t watch TV. I don’t watch any shows. What I do keep up with wrestling is on social media. I don’t know if there’s a soap opera behind Punk. I don’t know the trouble or the ongoings of which you speak, so I can’t answer that question. That’s an honest response because I don’t know.”

Read: Bret Hart’s views on receiving the Star on Canada’s Walk of Fame

Stone Cold shares his views on Vince McMahon selling WWE

“I wasn’t shocked at all. It’s been in the grapevine and it happened and it kind of made sense. UFC did it, so why not WWE? Triple H went out there and cut that promo, saying that they’re not going anywhere, meaning the people that are running WWE. I think it needs to come from a wrestling-minded, family-type thing or those key players. That’s a tricky business. Not everybody with a television background walks into the pro wrestling industry or the sports entertainment industry, whatever they want to call it, and can produce great results, so you keep the people running it because they know their fan base is probably as good as anyone or better than anybody. I remember when Vince took the company public years ago. I asked him, I said, ‘Vince, why do you want to do this?’ He said, ‘Steve, to legitimize the business.

“Stone Cold” Steve Austin on how much he made from 3:16 shirts sell

“I don’t know how much. I mean, it’s definitely seven figures, probably eight figures now. In WWE you get your royalty checks every quarter. I remember when I first came up with that shirt with Jimmy Miranda after I started getting hot and I created a promo. All of a sudden they came out with that shirt and those shirts were everywhere. I went and had a conversation with Vince. I said, ‘Hey man, I see a lot of T-shirts out there and I noticed that my royalty check doesn’t reflect that.

‘Well, Steve, what do you think we should do?’ I said, ‘Well, I think we need to kind of change the percentages.’ He came up with a number. He goes, ‘What do you think about that?’ I said, ‘I like it’, and so it was a fair deal. That became known as an Austin deal. It was time to come out with the royalty checks for that quarter and Vince wanted to hand-deliver this one to me. He handed it to me and said, ‘Steve, I’m just giving this to you because I’ve never given out a check like this before to anyone.(h/t to WrestlingNews.co for transcription)

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