WWE stock falls as John Oliver skewers McMahon

WWE stock falls as John Oliver skewers McMahon

WWE stock falls as John Oliver skewers McMahon

For those who don't know, WWE superstars are "independent contractors" so they do not get benefits like regular workers do - such as annual leave, pensions and most important, health insurance.

Wrestlers are dying at a faster rate than professional football players and the general population, Oliver told viewers, citing FiveThirtyEight data.

Oliver also revealed clauses in certain contracts which state that WWE aren't responsible if a wrestler suffers a permanent injury or death, even if they are negligible, and they can terminate a performer's contract if they are injured for six weeks or more.

Update (2:48 PM ET): The WWE has issued a statement in response to John's segment: John Oliver is clearly a clever and humorous entertainer.

Oliver then closed by that WWE do occasionally do the right thing, mentioning this year's women's WrestleMania event, but concluded with a sarcastic promo on health insurance. Prior to airing, WWE responded to his producers refuting every point in his one-sided presentation.

Watch Oliver's takedown of the WWE above.

For a bit of context, Oliver was a writer on "The Daily Show With Jon Stewart" - Stewart himself has been involved with WWE storylines, and took an Attitude Adjustment off John Cena in 2015.

We invite John Oliver to attend WrestleMania this Sunday to learn more about our company. The company said it has "longstanding Talent Wellness program".

John Oliver did note that the WWE has implemented some changes over the past few years, like banning chair shots to the head and adopting a concussion protocol, but argued that these "underwhelming" steps aren't enough. You know, stuff like how the wrestlers are "independent contractors" instead of employees, the fact that so many professional wrestlers die young, and the humor of watching a insane old man get hit in the head with a bedpan. "When you've lost the moral high ground to the f-- NFL, you are morally subterranean".

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