According to a report by The Wrestling Observer Newsletter, Vince McMahon has signed a new three-year contract as Chairman and CEO of World Wrestling Entertainment retaining his official title as Creative Director, a writer and performer for the company. The deal gives McMahon a base salary of $1.1 million per year. Incentive bonuses also apply if the company reaches a certain level of profitability giving out an annual bonus of $1.1 million.