If you had told me that in 2016 the last best hope for TNA is Billy Corgan, I’d be cracking up. If you follow any wrestling news at all, TNA is in trouble, big trouble. Of course, financial issues and TNA is a day ending with y. These issues are on a new scale. For one Corgan is suing Impact Ventures, the parent company of TNA, for reasons sealed and therefore unknown to us. Even more so, it is also being sued by a production company and they owe Tennessee taxes, a lot of them. Now Dixie Carter still owns it as she’s finagled money in ways that we can only imagine to keep it afloat. Yet Corgan was going to have more ownership of the beleaguered company and Dixie seems to have made that complicated. Why I’m writing this is more, can TNA dig itself out of this hole?
Straight up this is me pondering a lot of TNA madness, have fun.
Let’s put this in perspective, Billy Corgan is the only person who seems to care about TNA as a product. Dixie is hanging on to whatever power she can muster to the detriment of the company. Yet Corgan is having to deal with a mess that Dixie was keeping quiet, from what I can tell anyway. I don’t want to see TNA die, far from it, I want to see it thrive to be another place for wrestlers to work. It’s a scary thing when WWE doesn’t have competition so the more competition out there for the WWE, the better. TNA got good press for the first time in ages with Broken Matt Hardy and the rest of the Hardy Clan. Now alas that has been put to the wayside as these financial issues and such have started up.
Here’s the ultimate thing on TNA though, will it survive everything that is happening? I won’t link anything as so far it is all in the land of rumors but WWE was in the running to buy TNA’s Video Library. It’s all rumors as now the current TNA financial state is putting everything in flux. It has been in tough spots before and managed to crawl out of them but this is the toughest one yet. The one person seriously interested in making this profitable is held up in lawsuit hell and that’s only the start of the issues. If you had told me that TNA would go this nuts in 2016, I’d never believe it. From a successful angle with The Hardys to the brink of destruction once more.
TNA in 2016: Weird even for TNA
There are TNA sale rumors all over the place outside of the video library, which is really all WWE would want honestly. You have people like Jeremy Borash trying to throw people off the scent of these rumors but something is going to happen with this company and soon. Since Borash works there it makes sense that he would be front and center trying to tell people all is well. Hard to say all is well when you’re in debt to the tune $3.4 million. You don’t come back from $3.4 million in debt easily, even if you’re a company that’s survived what this one has.
All I can say at this point is I hope for the best for TNA this time around. Impact Wrestling is a solid show and has improved a lot in the past few months. By the end of this year or even some point in the next, we will likely know the fate of TNA Impact Wrestling. I wish them luck as this my friends is going to be tough even for the company that will not die.