The dirt sheet cut and paste sites often have some ludicrous speculation on their pages, and if we responded to every one it would take a full time position. Some are so laughable you just can’t ignore.
The latest rumor making way is that Dave Meltzer announced TNA was being shopped by the Carters. Now this on the surface isn’t laughable; Panda Energy is an investment company and investment companies by nature are always testing the market to see if they could/should sell their investment. What makes this rumor so funny is the interweb logic as to why there is a secret sale going on. Here is a quote, directly cut and pasted from the dirt sheet cut and paste site:
“The Carter family has been open to receiving offers for TNA for several months. There are a select number of business people on the inside to whom this has been made clear. You have to understand that it’s not like the company is going to be listed on eBay; keeping the fact that they are open to selling TNA to a small number of potentially interested parties keeps the price that the Carters can get for it at a much higher level than if they went public that the company was for sale. If someone does make a bid, that information will then be leaked in certain quarters, in the hope of starting a bidding war that would raise the price further. Like with Fusient Media’s attempted purchase of WCW, if someone comes in with a bid, we’ll soon know about it.”
If I understand the sheet thought process, they believe the Carters can get a higher price with fewer bidders. Anyone who has taken an economics class, knows how insane this hypothesis is…
They go on to mention Fusient Media’s bid for WCW. Anyone who followed the sale of WCW knows that it eventually went to the lowest bidder, WWE.
What makes even less sense is the fact that someone would read such nonsense and continue supporting the sites that posted it.