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Post by CrazySting on Feb 21, 2007 12:19:51 GMT -5
TNA lost so much money promoting the PPV in Detroit last year, even with a full house as the gate didn't cover the production expenses, that they cannot afford to do monthly PPVs outside of Orlando. They are under great pressure to minimise expenses right now, especially after keeping Sting and signing Kurt Angle. Meanwhile, those two have contributed only to two above average PPV events to the point that, financially, the company is worse than it was before they had either one.
wrestling observer newsletter
This is why I don't think RVD will go to tna. They probably can't afford the bare minimum of what he'd want, and it's not like he's a huge draw.
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Post by mysterydriver on Feb 21, 2007 12:22:26 GMT -5
Oh....snap.
Not good. Maybe they can turn it around...
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hollywood
King Koopa
the bullet dodger
The Green Arrow has approved this post.
Posts: 11,122
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Post by hollywood on Feb 21, 2007 12:22:41 GMT -5
Geez, are they even going to make it to the Lockdown PPV I bought tickets for?
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Post by rrm15 on Feb 21, 2007 12:24:42 GMT -5
This is TNA's problem in a nutshell.
I don't follow ROH religiously, but I have a tremendous amount of respect for their business plan. ROH KNOWS their limits. They don't go around tossing thousands of dollars at the first big name that becomes available. They use their own talent to slowly build a name for themselves. TNA? Their aspiration was never to just entertain. They want to put WWE out of business. And you can't come out of the gate wanting to put the biggest wrestling company in the world out of business. Thats a good death wish.
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Post by THE Dinobot on Feb 21, 2007 12:26:16 GMT -5
Yeah, at this point TNA losing money and being complete morons is no secret.
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Brain Of F'n J
Hank Scorpio
Not that cool enough to have one of these....wait.
We Discodians must stick apart.
Posts: 6,890
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Post by Brain Of F'n J on Feb 21, 2007 12:28:12 GMT -5
TNA lost so much money promoting the PPV in Detroit last year, even with a full house as the gate didn't cover the production expenses, that they cannot afford to do monthly PPVs outside of Orlando. A buddy of mine went ot FanFast and BFG. He personally saw Dixie Carter giving away tickets to people, including front row seats. Trust me, that event was not sold out. It may have been a packed house, but there were plenty of people who were there on comps. Jed Shaffer ~What's the over/under on Panda washing their hands of this mess? |
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Post by leemir on Feb 21, 2007 12:28:28 GMT -5
TNA better not run themselves out of business by trying to succeed too fast just by spending money, the wrestling world needs them but we don't need them to rush it, they need to take their time & do it right.
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bigHEADinc
El Dandy
Wanted Conway Twitty as a special title.
lest we forget...
Posts: 7,711
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Post by bigHEADinc on Feb 21, 2007 12:29:32 GMT -5
This is TNA's problem in a nutshell. I don't follow ROH religiously, but I have a tremendous amount of respect for their business plan. ROH KNOWS their limits. They don't go around tossing thousands of dollars at the first big name that becomes available. They use their own talent to slowly build a name for themselves. TNA? Their aspiration was never to just entertain. They want to put WWE out of business. And you can't come out of the gate wanting to put the biggest wrestling company in the world out of business. Thats a good death wish. TNA has one thing that ROH doesn't, though... A huge bankroll from Panda Energy. As long as they're still on board, TNA is going to stay. |
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Brain Of F'n J
Hank Scorpio
Not that cool enough to have one of these....wait.
We Discodians must stick apart.
Posts: 6,890
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Post by Brain Of F'n J on Feb 21, 2007 12:33:46 GMT -5
This is TNA's problem in a nutshell. I don't follow ROH religiously, but I have a tremendous amount of respect for their business plan. ROH KNOWS their limits. They don't go around tossing thousands of dollars at the first big name that becomes available. They use their own talent to slowly build a name for themselves. TNA? Their aspiration was never to just entertain. They want to put WWE out of business. And you can't come out of the gate wanting to put the biggest wrestling company in the world out of business. Thats a good death wish. TNA has one thing that ROH doesn't, though... A huge bankroll from Panda Energy. As long as they're still on board, TNA is going to stay. Yes, but sooner or later, Panda will want returns on their investment. I'd rather be flush with mone, be smaller company, know my limits and grow slowly but steadily, as opposed to pissing away a bankroll on forced expansion that I'm not ready for. Jed Shaffer ~Maybe Andrew McManus can help bankroll TNA. He likes throwing away money! |
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Post by Michael Coello on Feb 21, 2007 12:36:20 GMT -5
TNA has one thing that ROH doesn't, though... A huge bankroll from Panda Energy. As long as they're still on board, TNA is going to stay. Yes, but sooner or later, Panda will want returns on their investment. I'd rather be flush with mone, be smaller company, know my limits and grow slowly but steadily, as opposed to pissing away a bankroll on forced expansion that I'm not ready for. Jed Shaffer ~Maybe Andrew McManus can help bankroll TNA. He likes throwing away money! I would think they wouldn't drop them quickly. Instead, they'd decide to get more involved with running TNA, making cost caps and putting holds on signings and such. |
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Post by Thread Pirate Roberts on Feb 21, 2007 12:39:08 GMT -5
Whens Turners no compete clause expire?
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Post by davephlegmball on Feb 21, 2007 12:45:36 GMT -5
They can save money by firing Russo, West, and the entire sound crew.
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Chainsaw
T
A very BAD man.
It is what it is
Posts: 90,480
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Post by Chainsaw on Feb 21, 2007 12:57:37 GMT -5
In other TNA news, TNA kicked your grandmother in the head. And then out came the zucchinis...
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Post by Thread Pirate Roberts on Feb 21, 2007 13:04:59 GMT -5
In other TNA news, TNA kicked your grandmother in the head. And then out came the zucchinis... Was this before or after the Puppy? |
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Post by Jason Todd Grisham on Feb 21, 2007 13:12:02 GMT -5
They can save money by firing Russo, West, and the entire sound crew. Because they won't have to buy out their contracts and hire new people. |
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Post by Doomrider on Feb 21, 2007 13:16:58 GMT -5
At least when they go out of business, Don West can sell all of the stuff on Shop at Home.
"We've got a deal for you tonight...operators I'm worried about you....tonight...we have...for one night only....the big red stupid X from the X-division match! Only 29.99 a month on flexpay!"
I miss the days when he was selling beanie babies and baseball cards.
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Post by Doctor Tull-eus S. Venture on Feb 21, 2007 13:18:37 GMT -5
At least when they go out of business, Don West can sell all of the stuff on Shop at Home. "We've got a deal for you tonight...operators I'm worried about you....tonight...we have...for one night only....the big red stupid X from the X-division match! Only 29.99 a month on flexpay!" I miss the days when he was selling beanie babies and baseball cards. "And now, we've got a limited edition Jeff Jarrett autographed Beanie Bear! So cuddly, and yet mean, this lil' guy will give your heart a dropkick..............IN THE FAAAAACE!" |
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hollywood
King Koopa
the bullet dodger
The Green Arrow has approved this post.
Posts: 11,122
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Post by hollywood on Feb 21, 2007 13:21:24 GMT -5
I guess we'll be seeing that "Rise and Fall of TNA" DVD sooner than we thought.
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Brain Of F'n J
Hank Scorpio
Not that cool enough to have one of these....wait.
We Discodians must stick apart.
Posts: 6,890
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Post by Brain Of F'n J on Feb 21, 2007 13:21:51 GMT -5
Yes, but sooner or later, Panda will want returns on their investment. I'd rather be flush with mone, be smaller company, know my limits and grow slowly but steadily, as opposed to pissing away a bankroll on forced expansion that I'm not ready for. Jed Shaffer ~Maybe Andrew McManus can help bankroll TNA. He likes throwing away money! I would think they wouldn't drop them quickly. Instead, they'd decide to get more involved with running TNA, making cost caps and putting holds on signings and such. It's been a few years already. And all I was saying was that having a huge bankroll doesn't mean you have license to fritter it away while you promise that you'll be turning a corner "any day now". Ask WCW how much good having a huge bankroll behind them did for them. Oh, wait. Jed Shaffer ~Funny how WCW comparisons keep popping up with TNA. It's almost as if it was created from the ashes of ... |
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Chainsaw
T
A very BAD man.
It is what it is
Posts: 90,480
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Post by Chainsaw on Feb 21, 2007 13:26:34 GMT -5
In other TNA news, TNA kicked your grandmother in the head. And then out came the zucchinis... Was this before or after the Puppy? It was on the show they recorded after they shot the puppy. |
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Hunt. Hunt.
