Former WWE Champion Jinder Mahal Teaching Wrestlers ‘Financial Literacy’ – ‘More Than 90% Of Wrestlers Don’t Really Understand Taxes’

Published: 2 hours ago by Liam | Last Updated: 2 hours ago by Liam

Liam has been reporting & analyzing wrestling news for over eight years, and is currently the Managing Editor at WrestleTalk.com. Immersed in wrestling for 18 years, he has over 11,000 published articles in addition to leading and overseeing WrestleTalk.com's coverage.

Former WWE Champion Jinder Mahal has outlined his mission to teach today’s generation of wrestlers about “financial literacy.”

Mahal, real name Raj Dhesi, was released by WWE in April 2024 but has remained in the industry, particularly looking to give back and foster a positive world for newer talent.

His social media pages are often dedicated to spreading positivity and advice, something he feels is his “duty” after his years in WWE, which included a run as WWE Champion in 2017.

In a new interview with Celebrate Wrestling, he explained his goal and the reason he’s looking to pass so much advice onto the next generation. He said:

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“Finacial literacy is super important in wrestling and it’s lacking. A lot of wrestlers, more than 90%, don’t really understand taxes or write-offs or even how WWE contracts or wrestling contracts work. So I wanna just provide financial literacy.

“It’s also super interesting because how I thought of this was on YouTube I started watching former NFL players sharing information about finances, how when they play in different states they have to pay tax in different states – much like WWE. So I just found it super interesting.

“The main focus is to give back to the next generation and just to provide them some information. Because this information, I really had to teach myself, and how I really started was I was sick of paying too much in taxes so I learned the tax code and what my legal loopholes are of reducing my tax liability.

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“As well as my generation of wrestlers saw the previous generation of wrestlers really struggle with finances. You see GoFundMe accounts.

“Just teaching the young wrestlers – start investing, start investing young, and really just have a grasp on your finances because careers are very, very short.

“When I was in FCW, we got told that the average WWE career is six years. I think it’s still pretty accurate. And that’s from developmental all the way to main roster, if you make it.

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“So just providing some information. I have nothing to sell, I have noting to offer, but I feel it’s my duty in a way to give back and educate.

“And also super cool for the fans – the peek behind the curtain is very relevant especially with WWE Unreal right now on Netflix, everybody’s watching it, even non-wrestling fans are watching it. I see Maven’s channel on YouTube. Just casual people wanting to kinda take a peek behind the curtain in pro-wrestling.

“It’s a very, very cool industry, there is a lot of negativity, but I wanna help foster a change, positivity, financial literacy. It’s all about giving back. This business has given me everything.”

If you use this transcription or any portion of it, please credit WrestleTalk.com and link to this page.

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