In your weekly dose of "they're not employees, they're independent contractors" news:
WWE officials had been negotiating with Chris Jericho on a new contract in recent weeks, but talks fell through. WWE opted to cease talks with the wrestler/musician in recent days.
It is believed that the proposed deal fell through due to control over when he worked as well as his activities outside of WWE. Officials were seeking an arrangement where the company would be his top priority and they would have some control over his outside endeavors. Jericho, on the other hand, wanted complete control of all of his activities.
Jericho was open to returning as early as this month had WWE agreed to his terms. He was looking to work forty to fifty dates per year, including full-time for cycles and even assisting the developmental program. However, he would determine the periods when he worked and would be strictly unavailable during tours, which WWE was not in favor of.
WWE Hall of Famer Edge reportedly has a lot of heat on him with WWE management for turning down a Legends contract multiple times. WWE’s most recent attempt to sign Edge came two weeks ago when he appeared on SmackDown.
Edge has not satisfied with the amount of money offered to him and does not want to be restricted with what companies he can appear for.
Edge will be making an appearance for Tommy Dreamer’s new House of Hardcore promotion on October 6th, 2012 in the Mid-Hudson Civic Center in Poughkeepsie, NY. A Legends deal would likely prohibit him from appearing on shows like this.
There is also a belief in WWE that Beth Phoenix’s recent departure is partially so she can help her boyfriend, Edge, recover from the neck surgery he is scheduled to undergo next month.
All that said, the relationship is rocky but the door is still open for Edge to appear for WWE again in the future.