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REASON FOR TNA RELEASES

By Mike Johnson on 2013-07-03 13:43:43
The ongoing TNA releases are due to budget cuts within the company, something that has been ongoing.

The talents released were being paid a monthly guarantee with an additional fee when they were booked for TNA events. The feeling was that with the talents not being used regularly by the promotion, there was no need to keep them held under contract.

There's been a lot of talk of cost-cutting of late in the company with the added expenses of producing Impact on the road, including the departures of different executives, including execs in the marketing and public relations end of the company.

There has also been increased grumbling among some wrestlers about pay coming late, with one talent claiming he has heard stories of talents being two months behind and others confirming they are behind but not wanting to confirm how far behind they are.