TNA For Sale At $4 Million?
Four million bucks can get you a worldwide television show!
Billy Corgan has been vocal lately about wanting to purchase TNA. But the sale of the company hasn't been so simple, as various parties have an interest in it.
Dixie Carter still reportedly has majority control of TNA, and Dave Meltzer of The Wrestling Observer has revealed that she's looking for at least $4 million to sell her shares.
Four million dollars seems relatively low to own the company, especially for someone like Billy Corgan. He's likely made that amount many, many times over during the course of his career. But you can only imagine how many tens of millions the Carter family has lost over the years on the project, before they quit financing the company and left Dixie on her own. Perhaps she just wants to rid her hands of it now.
That number is rumored to be roughly what WCW sold for when they went out of business in 2001 (perhaps even more). While that company had a library that was worth much more than TNA's, they didn't have a TV timeslot, which badly damaged any leverage they had for potential buyers.
Hopefully the company figures out what they're going to do soon, as it would be a shame to see WWE swoop in once again and buy out a wrestling company only to bury it in one form or another.