TNA has had an interesting 2016. It generated a ton of buzz for various reasons, more recently being for “Broken” Matt Hardy. However, the last week or so has generated even more buzz, as the word had come out that TNA was not able to get the sufficient funds for the upcoming Bound For Glory Pay-Per-View this coming Sunday.
Reports were also coming in that WWE were interested in purchasing TNA, the closest they have had to competition since they monopolized pro wrestling after the purchase of WWE. However, if WWE had bought TNA, they would mainly have used it for the library expansion on the WWE Network.
There is no doubt, however, that WWE would definitely have purchased some of TNA’s top stars such as EC3, Drew Galloway, The Hardy Brothers, Bobby Lashley & Mike Bennet, among other names.
Dixie Carter herself said that they would be sharing some news soon:
With all the buzz about TNA being sold, the website has mysteriously had its “Roster” section taken down. This only adds fuel to the fire about TNA’s sale rumors. Dave Meltzer of The Wrestling Observer Newsletter stated that WWE had offered a lower price and that they were not in the mix for purchasing TNA anymore.
There was also a report which stated that there is great concern backstage among the TNA talent about their job and job security. However, Billy Corgan is still attempting to gain full-fledged ownership of the company.
Some talents have been secretly speaking out. Fightful.com reported that a major backstage name in TNA said that during the time the news of the sale would be released, there was going to be a lot of false reports undermining Corgan’s efforts to purchase TNA.
However, most people backstage want Corgan to get full ownership.
Dixie Carter is the one being blamed for this fiasco created. However, she is still well-liked backstage. She still owns 70% of the company, but that is set to change when TNA gets purchased soon. There has also been reports that after purchase, the brand name will be completely changed.
It is not known why, but perhaps some complete rebranding under a new banner is what they intend to do to go forward.