I think he bypasses the contract, because the UFC is not professional wrestling, if he signed with TNA, I bet you, there would be a law suit. Also, he has yet to fight anyone, IF he fights someone, before that 1yr, then they might be able to do something.
You don't understand...the WWE contract states that there is a non-compete clause with UFC.
If he was under an employee contract with a non-compete clause and it specifically says 'you can't work for UFC', then he wouldn't be able to work with UFC.
But since it is an independent contractor agreement, Punk can work for anybody he pleases because the nature of an independent contractor agreement is you can work for anybody.
Now, a company with a *true* independent contractor agreement could say 'you have to work these dates' and you are expected to work those dates. But, the essence of the independent contractor agreement is one can work for any company.
In your analogy of the cabinet maker, if I'm hiring an independent contractor I can say 'I need for you to work 9 to 5 on Friday, Saturday and Monday and expect to have X, Y and Z done on Friday, Saturday and Sunday. Meanwhile, the cabinet maker could work for anybody else outside of those hours I scheduled.
Vince does it because it says him a lot of money on taxes and potential liability. He gets away with it because most wrestlers are afraid to question it and the most one could really do is take it to court and the court would say 'Vince, you can't make him not go to TNA if he wants to because he's an independent contractor.' The wrestler can then go where he wants, but he will burn the bridge with Vince.
The other part is that by its very nature, the WWE has such a heavy schedule that it would be hard to wrestle for WWE and another company because of the travel and you do need some rest.
I work with independent contractors on a daily basis in the world of athletics. A friend of mine is an attorney and was an agent for a pro wrestler (Vampiro). Anybody with any legal knowledge will tell you that the WWE independent contractor contract is a joke and the only thing that keeps wrestlers from breaking non-compete clauses is either they don't know the legalities or they know that they will likely have to go back to Vince sometime and one way or another, they will get punished for it.
YR