News TNA talent expected to take pay cuts

[Stopspot]

Source: PWInsider Elite

Regarding AJ Styles leaving TNA, it is not part of the storyline that they began a few months ago. Things could change between now and December 16th but Styles is indeed leaving TNA if they don't.
Styles is currently taking independent bookings and word is that he's asking between $3,000 and $4,000 per appearance. It was noted that Styles' scheduled Q&A tour of the UK was pushed back due to a Diamond Dallas Page tour taking place around the same time but another reason for the delay is that TNA's lawyers sent legal letters to the promoters to make sure they weren't infringing on anything TNA owns rights to.

The main problem between TNA and AJ is money. TNA simply would not give him what he wanted. Now there's a feeling within TNA, with so many contracts coming up in the next year, that a lot of guys are going to end up singing deals for less than they were previously making just to keep their jobs. The feeling is if TNA wouldn't give AJ Styles more money, then they probably won't be giving any one else more money.


Read more at http://www.wrestlinginc.com/wi/news...ign-deals-for-less-money/#Rg39L0rtPhq6h32D.99

 

[GrammarNazi82]

I would love to hear them sing deals. TNA should get after that.

 

[TheArabHammer]

I would love to hear them sing deals. TNA should get after that.

It would be like the voice except for wrestling

 

[Aids Johnson]

this is the 2nd paycut thread in 6 month's. Seriously considering only youtubing the Aries/Roode matches and saying fuck this product.

If they are in the black every year like Dixie stated, why is everyone consistently expected to accept paycuts? Hogan left, his daughter is long gone, and it seems like a few member's backstage have left. Why should I not expect that opens up extra cash for your STARS when you have been "in the black for at least the past 5 years?"

 

[Stopspot]

this is the 2nd paycut thread in 6 month's. Seriously considering only youtubing the Aries/Roode matches and saying fuck this product.

If they are in the black every year like Dixie stated, why is everyone consistently expected to accept paycuts? Hogan left, his daughter is long gone, and it seems like a few member's backstage have left. Why should I not expect that opens up extra cash for your STARS when you have been "in the black for at least the past 5 years?"

What Dixie said doesn't necessarily mean that they are making profit. She said they had a bigger cash flow every year, that means making more money, but also spending more. So while they might make more money, they probably also spend more each year. She used a buffer/smooth talker word used in PR.

 

[Aids Johnson]

What Dixie said doesn't necessarily mean that they are making profit. She said they had a bigger cash flow every year, that means making more money, but also spending more. So while they might make more money, they probably also spend more each year. She used a buffer/smooth talker word used in PR.

I understand but the money freed up from Hogan alone should be able to be more considerate of her stars, especially when considering how much talent they have cut over the course of a year.

 

[Stopspot]

I understand but the money freed up from Hogan alone should be able to be more considerate of her stars, especially when considering how much talent they have cut over the course of a year.

I agree. But isn't Janice (mama Dixie) in charge now backstage? And she is far less willing to spend money than her money mark daughter. She most likely decided to cut TNA's funding to save as much as possible.

 

[Aids Johnson]

I agree. But isn't Janice (mama Dixie) in charge now backstage? And she is far less willing to spend money than her money mark daughter. She most likely decided to cut TNA's funding to save as much as possible.

Then she should drop Sting. My only issue is my question to the effect that TNA is a company getting TV money on the regular, how far from the Indies are they when stability isn't the only issue, constantly getting money taken away after the fact is as well?

It just makes me think FTJ was right, is TFA going out of buildness? Or are they gaining income off the hard work of stars willing to take pay cuts consistently (twice in 6 months is a lot IMO) in order to keep the owners income inflated?

 

[Stopspot]

Here's the problem with them being privately owned, we can only speculate since they don't release numbers. We can only say "yup, they're dead" when it is written on the wall in bright red.

I have no idea how much they make off of their international TV deals, if they really were making tons of money off of it, then why go off the road and make these pay cuts?

 

[Shadie T]

Well, All I can say is its awesome he put over Magnus.

 

[Nick]

Told you all TFA was going out of buildness

 

[Testify]

Here's the problem with them being privately owned, we can only speculate since they don't release numbers. We can only say "yup, they're dead" when it is written on the wall in bright red.

I have no idea how much they make off of their international TV deals, if they really were making tons of money off of it, then why go off the road and make these pay cuts?

Just wanted to say that TNA was profitable in 2009, 2010, 2011 and 2012 (confirmed by both PWInsider and even Meltzer haha). Obviously, they aren't this year considering cuts and paycuts.

What to say about the supposed paycuts coming up next year? I don't know, obviously TNA is really tight until they stand real HARD on their feet again.

 

[Aids Johnson]

OH FFS if JC4Life liked my post I must have been wrong.

 

[Dolph'sZiggler]

rip tfa no more buildness for you

 

[Rysenberg]

I would love to hear them sing deals. TNA should get after that.

It would be like music to my ears.