Impact News: Jeff Jarrett says Impact Wrestling is out of money
What's the story?
Jeff Jarrett had to step down from his role as Impact Wrestling's Chief Creative Officer a couple of months ago and Impact Wrestling recently announced they were cutting all ties with Jeff Jarrett and Global Force Wrestling.
A lot of people were wondering what was really going on in this situation. When WrestleZone’s Nick Hausman reached out to Jarrett after he bluntly told him Impact Wrestling is simply out of money.
In case you didn't know...
Impact Wrestling has been "the little pro wrestling company that could exist" for the longest time. Of course, they used to have Panda Energy behind them because Dixie Carter needed a pro wrestling company to occupy her time. But since Carter is no longer in the picture and Anthem Sports is in control it's a whole different regime entirely.
The heart of the matter
WrestleZone’s Nick Hausman spoke to Jeff Jarrett and the response he received was, “Anthem is out of money”.
It didn't take long for Anthem Sports to issue a response saying: “That statement is inaccurate. Anthem and IMPACT Wrestling are looking forward to a successful 6-day tour in Ottawa, Nov. 5-10, and much more.”
The cost-cutting measures of Impact Wrestling have been pretty drastic and they've taken all things into consideration from what talent they can bring in to where they hold their television and pay-per-view events.
Although there's no real evidence to measure the authenticity of Jarrett's statements, it certainly makes me wonder how much more steam Impact Wrestling has left in them.
Impact Wrestling is full of amazing talent. Through thick and thin, Impact Wrestling has been able to present audiences with fresh pro wrestling and some of the best talents of the modern era have traversed through there. In fact, they still have an amazing roster of talent.
Jeff Jarrett might have been speaking out of sour grapes more than actual fact. After all, there's no evidence to substantiate his statement. However, it's still something to consider when you step back and look at the big picture.
Anthem Sports needs to figure out how to turn a profit from their professional company soon or there might not be very many more chances tours.
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