For months we have dissected all the false internet rumors about the supposed money losing situation in TNA Wrestling. Every other month or so the major dirt sheets will post a fan fiction piece about how TNA’s budget is in crisis and signings are frozen, costs must be cut, ect. Then – like clockwork – new talent is signed, new promotions revealed, and the sheets crawl into hiding with their rumors acting as if they’ve never been posted.
TNA founder Jeff Jarrett recently was the subject of an interview by The Baltimore Sun. In the interview, the subject of TNA Wrestling’s profitability came up and here is what the founder had to say, “We turned that corner four or five years ago. Like WWE or any other business, would we like to be making more money? Sure, but the reality is that the U.S. economy is still in a recession, and internationally we have different economies to deal with, but all in all, we’re pleased.”
Of course this confirms what any reporter with a lick of an economic background has already figured out, but we do expect the dirt sheets to continue their negative spin as it get’s page views. If you are looking for TNA Wrestling news that is reported straight without the negative spin we invite you to keep checking us out at TNAStars.com.