The Rise & Fall Of TNA | Wrestling Timelines
10. July 28, 2014 | Doom
TMZ, of all outlets, reports that Spike will not renew TNA. This is catastrophic, but Spike actually grants TNA more time than exists on the contract so that the promotion can remain visible and potentially land another deal. The declining viewership is just not good enough; even though it still ranks amongst the most-viewed content on the station, in an age-old wrestling problem, the ad rates are poor. However, terrible leadership and a woeful creative vision contribute to this decision; as Dave Meltzer writes in the November 24, 2014 issue of the Observer, “If TNA was doing the same ratings as it was a few years back, this call wouldn’t have been made”.
Industry whispers suggest that Spike made said call because, as inadvertently leaked to reporter Mike Johnson in an email intended to land in Mike Tenay’s inbox, Vince Russo outed himself as a secret TNA consultant whose role was meant to remain confidential.