TNA Financial Problems

[TTX]

- TNA Wrestling is reportedly having financial issues. The company is reportedly paying talent and vendors late on a regular basis. "Vendors and wrestlers are paid late all the time," says a recent report. "Janice Carter controls the purse strings. Only a certain amount of money over what they bring in can be spent and it's prioritized where it goes."

Janice, the mother of TNA president Dixie Carter, took control of the company in order to stop losses under Dixie. Janice has set a company policy of only allowing TNA what the funding that is "deemed necessary" so as to keep financial losses down.

- Inside Wrestling features Mickie James and Gail Kim from Genesis on the cover. The magazine criticizes the company for revolving the Knockouts Division around Mickie and Gail, with the headline: "Has The Knockouts Division Become The Mickie-Gail Show? It's Time To Open Things Up - BFG Style!"

Credit: Wrestling Observer

[swarm]

shocking

[E-Ternal]

I can already see this post turning into a Pro-TNA/Anti-TNA war of nonsense.

[pikemojo]

I am not anti TNA but maybe it doesn't make a ton of sense to be paying guys like Hulk Hogan, Eric Bischoff or Ric Flair when none of them bring ratings up or any new money in the door.

[swarm]

I'm not anti-TNA I'm just good and noticing when things really suck I guess. Samoa Joe...remember him? Ya. This is no surprise. Stevie Wonder saw this coming from 500 yards away that's how obvious it's been since forever.

[Bazzy]

I'm a TNA fan . But someone's mother run a company to save her daughter's embarrasement ha ha

[Shon Maxx]

I would've liked to be a TNA fan (I still say Roode is their best champion in a long time), but they kept repeating WCW's mistakes. Looks like the results are repeating as well.

[Mr. Jimmyface]

I went to their house show in Erie last night. Half seats were empty, and show was a house show. I love the guys and gals who do the shows, but I hope they find the means to turn it around. I really don't want them to go away.