Jeff Jarrett My World Podcast
Sept 16, 2021 16:10:45 GMT -5
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Phosphor Glow, Kyle Butler, and 1 more like this
Post by KAMALARAMBO: BOOMSHAKALAKA!!! on Sept 16, 2021 16:10:45 GMT -5
I was wondering who else here has been listening to this?
I’ve been picking through the episodes. In particular I found the saga on forming TNA really interesting. Even though you have to take all the info with a grain of salt, I appreciate that Jarrett is at least able to give ballpark numbers rather than stay clear of them completely like Bruce Prichard usually does.
Here are just a few scattered thoughts:
One thing I found interesting was Jeff put in about $600,000 to form TNA and his dad, Jerry put in about $300,000. This led initially to the company being owned 65% for Jeff and 35% for Jerry.
It’s tough to hammer down how much an original TNA show was supposed to cost. It seems to hover around $200,000. I’m unsure if that was per show or per taping as the original plan in 2002 was to tape two shows per taping.
The Jay Haussman episode is some wild stuff. For those who don’t know he was a PPV consultant very early in TNA’s run. He was getting about $5,000 per week for his services. He misled Jeff and Jerry potentially costing them hundreds of thousands of dollars. He would give them inflated PPV numbers and also run commercials for TNA PPVs where the PPVs were not even available for purchase. All this time he is also working with WWE, a major conflict of interest. So Haussman is doing all this unethical/illegal stuff for $5,000 a week, which is peanuts in the corporate world. That’s like crackhead behavior. Conrad even asks Jeff at one point if Haussman had a drug problem.
You can tell what a carnie Jerry Jarrett is just from reading between the lines. Case in point before getting into TNA, he was projecting $15 million in profit through his construction company. Of course his construction company makes nowhere close to that and then you have to wonder why he is so worried about TNA going belly up. This was supposed to be a side project for him. And he only put in an initial investment of $300,000. Not peanuts, but for someone expecting to make $15 million in profit in a single year, he shouldn’t be losing his shirt. It’s almost like Jerry had some misleading numbers of his own…
Speaking of Jerry I was intrigued how early on he wanted to gut the company. After the Haussman debacle he talked about scaling back to only have a $30,000 budget per show. I wonder how close they got to that number in the leanest times. For comparison I know I read an interview with the AAW promoter where he said his shows cost about $10,000-$15,000 before the pandemic. You have to adjust for inflation, but even then! The gap really isn’t that big. And AAW is a great indie, but it’s still just an indie. TNA was supposed to be a PPV quality production, book big name talent, and have the overhead of a company that quality would have. I don’t know how they were expecting to do that on $30,000 per show.
Anyway, it’s a great listen
I’ve been picking through the episodes. In particular I found the saga on forming TNA really interesting. Even though you have to take all the info with a grain of salt, I appreciate that Jarrett is at least able to give ballpark numbers rather than stay clear of them completely like Bruce Prichard usually does.
Here are just a few scattered thoughts:
One thing I found interesting was Jeff put in about $600,000 to form TNA and his dad, Jerry put in about $300,000. This led initially to the company being owned 65% for Jeff and 35% for Jerry.
It’s tough to hammer down how much an original TNA show was supposed to cost. It seems to hover around $200,000. I’m unsure if that was per show or per taping as the original plan in 2002 was to tape two shows per taping.
The Jay Haussman episode is some wild stuff. For those who don’t know he was a PPV consultant very early in TNA’s run. He was getting about $5,000 per week for his services. He misled Jeff and Jerry potentially costing them hundreds of thousands of dollars. He would give them inflated PPV numbers and also run commercials for TNA PPVs where the PPVs were not even available for purchase. All this time he is also working with WWE, a major conflict of interest. So Haussman is doing all this unethical/illegal stuff for $5,000 a week, which is peanuts in the corporate world. That’s like crackhead behavior. Conrad even asks Jeff at one point if Haussman had a drug problem.
You can tell what a carnie Jerry Jarrett is just from reading between the lines. Case in point before getting into TNA, he was projecting $15 million in profit through his construction company. Of course his construction company makes nowhere close to that and then you have to wonder why he is so worried about TNA going belly up. This was supposed to be a side project for him. And he only put in an initial investment of $300,000. Not peanuts, but for someone expecting to make $15 million in profit in a single year, he shouldn’t be losing his shirt. It’s almost like Jerry had some misleading numbers of his own…
Speaking of Jerry I was intrigued how early on he wanted to gut the company. After the Haussman debacle he talked about scaling back to only have a $30,000 budget per show. I wonder how close they got to that number in the leanest times. For comparison I know I read an interview with the AAW promoter where he said his shows cost about $10,000-$15,000 before the pandemic. You have to adjust for inflation, but even then! The gap really isn’t that big. And AAW is a great indie, but it’s still just an indie. TNA was supposed to be a PPV quality production, book big name talent, and have the overhead of a company that quality would have. I don’t know how they were expecting to do that on $30,000 per show.
Anyway, it’s a great listen
