wrestling / News

UPDATED: More on TNA Talent Potentially Filing For Breach of Contract

October 14, 2016 | Posted by Larry Csonka
Dixie Carter TNA Wrestling Impact Credit: Impact Wrestling

UPDATE: PWInsider has confirmed that there was talk among some at the most recent TV taping that they would file for breach of contact if their pay was late. The site says it “remains to be seen” if that will happen and noted that TNA usually pays talent two weeks after they appear on TV.

ORIGINAL: According to Dave Meltzer on Wrestling Observer Radio, there is more possible bad news for TNA. This weekend is a pay week for TNA talent, and while TNA received funding before Bound For Glory for the uplink and production of the PPV and subsequent television tapings, there is concern over whether or not the company has the funds to pay talent through the end of the year. TNA has international TV money (UK & India) coming at the beginning of 2017, but they have to make it there.

Meltzer noted that not paying the talent would breach contract, and added that he knows of “a couple of guys” that are ready to walk and declare themselves free agents next week if they don’t get paid.

It’s a crazy time for TNA, Billy Corgan has filed a lawsuit against TNA Impact Wrestling, its parent company Impact Ventures LLC, TNA Chairman Dixie Carter, TNA Chief Financial Officer Dean Broadhead and Carter’s husband Serg Salias. They are also being sued by Audience of One Productions for $223,000 plus interests and post-judgment costs.

Last night, reports surfaced that Dixie Carter personally owes Billy Corgan money, and that music was pulled from Impact over possible licensing issues.