So after a frantic week of backstage negotiations, do TNA still exist?
The short answer is ‘yes’. Which is great news for TNA fans. The longer answer is ‘for now, but there are still major question marks over the company’s immediate future’.
TNA’s biggest pay-per-view of the year Bound for Glory took place last night, a miracle of Mike Bennett proportions after the past week’s reports of financial issues and the company not having enough money to put on their show. Thankfully, TNA managed to secure some last-minute funding so Bound for Glory could go ahead. And despite all the backstage issues, and some onstage issues too – like when the power cut out during the Aron Rex vs Eddie Edwards match, causing fans to start a “Pay Your Light Bill” chant (which gives a whole new meaning to phrase ‘dark match’) – TNA put on a pretty good show. Bobby Lashley continued to dominate as champion, The Broken Hardys won the Tag Team titles, and we got the official debut of an ex-WWE star.Aron Rex loves the spotlight.
After Maria lost her TNA Knockouts Championship to Gail Kim, Mr Kanellis Mike Bennett came out and angrily cut a promo about how both him and his wife lost their respective matches that night. He threatened to hold up the show, so out came the son of a son of a plumber Cody Rhodes, with his wife Brandi.
Maria told Cody to “go back to WWE”, so Brandi took her out, while Cody went after Bennett – presumably setting up his first feud – another one to tick off the ‘wish-list’ Cody posted after leaving WWE back in April. The Wrestling Observer report that he’ll only be working with TNA for Bound for Glory and this week’s TV tapings, though. Then he’ll move onto Ring of Honor for this December’s Final Battle.
But despite putting on a good show, and continuing the Billy Corgan Era with three new champions, the financial status of TNA is still a major concern according to The New York Post.
The money to finance Bound for Glory reportedly came from “an unidentified third party” – which means it came from neither Corgan, who has stepped in to fund TNA for the past three tapings, or WWE, who have been trying to buy the company with a low-ball offer. So that’s just more debt on the company’s balance sheet.
Both Corgan and WWE are expected to resume talks to buy TNA this week, as “no doors were closed” by the end of negotiations last Friday. If Vince McMahon gets the deal, it’s expected he’ll just acquire the company’s tape library, and shut down the actual wrestling promotion.
Before Bound for Glory took place, F4WOnline were reporting that an “internal meeting” would take place in TNA to discuss the future of the company. There’s no word yet on what exactly was said.
What did you all think of Bound for Glory last night? Tell us how the Broken Hardys should win everything in the comments down below.