Ex-WWE Claims TNA Sent Him a Bounced Check!

LOL @ his tweet.

It seems like something TNA would do.

Panda Energy is supposed to be this big company that can afford to pay Sting, Angle etc but they cant even fucking pay Jimmy Yang? that is a joke onto itself

DOn't undereastimate Dixie's parents wealth. TNA got a good 10 years to go in dept and managing to survive. They are worth that much.

This probably happened because Dixie hasn't asked mommy and daddy for some dinero yet.

Lucky 7 wrote:

DOn't undereastimate Dixie's parents wealth. TNA got a good 10 years to go in dept and managing to survive. They are worth that much.

This probably happened because Dixie hasn't asked mommy and daddy for some dinero yet.

theyre so wealthy, they cant afford to pay Jimmy Yang

Like i said, probably a mistake or something. But Dixie's paretns gots WAY more money than Vince could ever dream of having. Which is why WWE might actually never buy out TNA.

LOL THATS HILARIOUS. we dont know how much money Panda Energy has, because theyre a private company, they dont release their finances to ANYONE. if they have more money than Vince, like you seem to claim, then why havent they been able to easily sign Batista, or Jericho etc. if they were so wealthy, how come they need Spike TV to help pay part of Stings salary? (which is like...a half million) or part of Angles? not to mention they wanted Goldberg, but apparently they couldnt pay what he was asking for. Panda are not billionaires, and if they were, theyd be able to scoop up every high priced wrestler, just like WCW did back in the day. theyd be able to score arenas that seat 15,000, theyd take Impact on the road every week.

Because Impact isn't bringing in Money. Impact at years end is a net loss.

Dixie's parents and Spyke have two diffrent views when it comes to business.

Why won't Dixie's parents pay for all the high priced superstars? Because they don't bring in the money needed. Are you going to invest your money in a constract of a half million for someone who every year is at a net loss? No you aren't. That's why Panda Energy hasn't invested money in paying Kurt, Sting, and all the high priced wrestlers. Because you arent going to pay a wrestler a half million dollars if he only bring in 1000 Dollars a year.

This is where Spike TV steps in. TNA's financial state, is not really Spike TV's problem. But to get better ratings. Kurt Angle and Sting, and Ric Flair are potential rating gainers. So where Panda Energy won't invest, Spike TV will invest so it benefits them.

THAT's how (from what I understood), TNA is currently functioning. Panda Energy is not going to financially support every wrestler TNA feels like signing. And if they don't, Spike TV will step in...BUT with Limitations. SPike TV can't put a price for everyone.

Panda Energy may have been able to pay off Goldberg but they probably didnt see him as a financial benefit for the company, TNA might have seen it, but TNA didn't have enough money to give Goldberg his asking price.

so you mean to tell me Batista wouldnt bring in any revenue? Jericho wouldnt? thats just hilarious to me

They would, BUT iif Panda Energy feels their pay is WAY more than they actually bring in, then they won't invest in them.

So impact turns to Spyke TV, and if SPyke tv can't reach their asking price....then they won't sign.

It's easy to say sign Batista, Sign Jericho but do they really bring in enough to cover their asking price, especially with the long list of pricey names they already have.

You aren't going to have 7/8 wrestlers who cost more than a quarter million dollars EACH and they all combined only bring in ten thousand dollars, it;s a major loss, and thats why they can't sign 101 big names with big contracts.