Ricochet's signing with WWE back in January 2018 was one of the most anticipated signings for the company at the time. Having captured wrestling fan's adoration after high profile runs with New Japan Pro Wrestling and Lucha Underground, Ricochet arrived in WWE with a lot of hype. He took part in a ladder match at NXT TakeOver New Orleans in April 2018 that remains one of the greatest matches in NXT history, making his mark early in his run with WWE.
Once brought up to the main roster, Ricochet's push hasn't been what most fans would like to see. Errors have been made, for sure. And due to the nature of his standing on the card as of right now (often wrestling on Main Event), fans had started to speculate about Ricochet's future with the company.
One outlet erroneously claimed that Ricochet was on his way out of WWE, and Ricochet took to his Twitter account to dispel the rumor. He wrote "this is fake."
👇🏽This is fake 👇🏽 https://t.co/UGnfagEOVi— Pretty Ricky (@KingRicochet) January 14, 2021
There had been some speculative (false) reporting about whether Ricochet had signed a new WWE contract (his original deal in January 2018 was for three years). However, this week's Wrestling Observer Newsletter cleared things up. Ricochet signed a new deal with WWE when he was brought up to the main roster, a five year deal that expires in the summer of 2024.
For the stars who have not re-signed and their contracts are coming due, WWE has reportedly had some difficulty in getting some to agree to new deals. Contracts of late have been for lower value than deals offered in 2019 when Ricochet re-signed. WWE is no longer in accusation mode in trying to keep up with AEW, and the pandemic has also affected the offers. According to the Observer, most contracts being offered by WWE to talent that are not top stars are for $250,000. These deals are reportedly 3-5 year contracts.