More on AJ Styles and his contract extension with TNA

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In regards to the report about AJ Styles signing a three-month extension with TNA that will take him out until the end of 2013, Dave Meltzer reports that his original contract called for “raises each year.” The new contract they were offering to Styles reportedly called for no raises and locked him in at his current salary with financial cost-cutting taking place within the company right now.

Source: The Wrestling Observer Newsletter