Brock Lesnar has signed a new contract with WWE to remain with them for multiple years.
While terms have not been disclosed, I’m being told it’s believed Lesnar signed a two year agreement. The deal is still a part-time agreement, where he'll work limited dates under a hefty full-time downside guarantee. Merchandise was a huge issue on an extension but it'll take us some time to find out what got done there.
This is actually Brock’s third extension since returning on a part time basis in April 2012.
Below is a timeline of Brock Lesnar’s contracts with WWE:
April 2012: Brock Lesnar signed a one year contract with WWE to return on a part-time basis. The deal ran through Wrestlemania 29 and included a significant downside guarantee.
January 27, 2013: We learned and reported here on WrestlingNewsWorld.com that Brock Lesnar had re-signed with WWE for two years to remain with WWE through Wrestlemania 31. He was booked through the Raw the night after Wrestlemania 31 on Monday, March 30, 2015. In addition to Brock’s hefty downside guarantee, his contract included a higher merchandise royalty rate and was rumored to stipulate a reign as WWE Champion.
March 23, 2015: Brock Lesnar signed new multiyear agreement to remain with WWE, officially ending his UFC career. The deal was signed as part of a big push by Vince McMahon, including very generous terms. The announcement was broadcast live on ESPN SportsCenter and covered here at WrestlingNewsWorld.com. We provided more details here and detailed what was next on WNW Premium.