TNA Shark Tank

Scott,


In your opinion, is there a rational reason for someone to want to dump money into TNA at this point? The wrestling business is at an all-time low. Also, any name recognition that TNA has at this point is that of a promotion that largely failed to create new stars or develop an identity of even a niche alternative to the WWE. TNA never connected with the "lost WCW fan" that it was created to capture. Even if an investor was willing to give ridiculous money for the alleged 49% stake that Dixie is offering, there just does not seem to be a plausible scenario where they could turn things around from where they are at now to be serious competition to the WWE. Other than their tenuous TV deal that is likely in danger anyway, it just seems like the company would just offer tons of baggage to a serious investor with little to no upside. Your thoughts?

​I’m still trying to figure out what exactly someone is supposed to be purchasing. Since it’s basically just the POP TV timeslot and international TV deals that are of any value, it seems like Dixie would be better served selling off the existing tape library to Vince to make some cash, and folding the company, then going in with the investors on a brand new promotion without the TNA baggage of 12 years of failure. Call it Impact Wrestling or just merge with GFW and use that name, whatever. That way they could re-sign all the talent to new contracts​ and start fresh without all the stigma attached to the name.
​Like really, they’re a third-rate promotion that draws the same amount of viewers as a soap opera rerun on a channel that used to be a TV guide. Dixie seriously thinks there’s people that want to INVEST in that? ​