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    TNA Financially in the crapper?


    Posts : 18
    Join date : 2010-01-13
    Age : 31

    TNA Financially in the crapper?

    Post by KeiroStarr on Sat Mar 27, 2010 3:37 pm

    One often-overlooked factor in TNA's destiny to compete with rival
    promotion WWE are the added expenses entailed.

    Since January, the company has ballooned its roster to over 70
    performers with the notable additions of high priced stars such as Ric
    Flair, Rob Van Dam, Jeff Hardy and the former Mr. Kennedy. Furthermore,
    the company has added the costly expense of going live every other
    Monday night and promotion of said move (i.e. airing commercials during
    Monday Night Raw and running Billboards in Times Square). Other than
    slight bumps in house show attendance and merchandise sales, TNA has to
    little to show for its efforts. In fact, ratings are at its lowest
    levels in four years due to the move to Monday nights.

    Wrestling Observer editor Dave Meltzer cryptically said during a recent
    episode of Wrestling Observer Radio that TNA is having bigger financial
    problems than most realize.

    "I'm worried about my friends who work for TNA because they have bigger
    financial problems than anyone knows," Meltzer said.

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