4 Things I Learned from Eric Bischoff's New Podcast With Conrad Thompson

#3: A lot of the contract numbers you have been hearing are not true.

Ric Flair as part of Hulk Hogan's Hulkamania Tour in Australia

When you listen to a history-oriented podcast with Conrad Thompson, you can expect to hear Thompson -- a successful company owner of a financial company -- to ask about dollar amounts and contract terms.

Thompson's co-host on the Something To Wrestle With podcast, Bruce Prichard, generally steers away from those sorts of numbers. Bischoff, however, does not and shared numbers to the best of his recollection.

Hulk Hogan aside, Sting was the highest-paid WCW talent at the time in which Bischoff was negotiating with Scott Hall and Kevin Nash. Sting was said to be earning around $750,000 per year. Ric Flair was earning around $500,000.

Bischoff did not want to pay Hall as much as Sting or Hogan, instead guaranteeing around $500,000 for the first year. Bischoff insists that Nash did not make the $780,000 for his first year in WCW which he has talked about.

He added that he generally did not need approval to hire and fire talent so long as he stayed within his budget. However, Hogan was the rare exception as that required approval and extra funding from Turner.