KayfabeMan
05-04-2004, 07:34 PM
"PWInsider.com's Buck Woodward reported this afternoon that
NWA-TNA is attempting to institute yet another policy for their
contracted wrestlers that may well further limit their options for
independent bookings.
Sources inside NWA-TNA told Woodward that "the internal
management team" is attempting to implement a policy that
starting with shows in June, all contracted talent that is
booked on a non-TNA independent show will be subjected to
a 15% booking fee, payable to TNA.
In addition to that, TNA is also implementing a 50% deposit for
bookings to be payable to NWA-TNA, once a promoter books a
talent.
Woodward posted this scenario: "If a wrestler is signed to work a
show for $1,000, there will be a $150 fee payable to TNA, raising
the total outlay for the promoter to $1,150, & $575 will be payable
the day the booking is made (even if the actual show does not take
place for months down the line)."
As a real life example, Woodward stated that, since Raven's
standard payoff is $1,500 per indy appearance.This would mean
Raven would need to get $1,725 from a promoter to net the
$1,500 that he got before, or raise his fee (which he would still
be losing a chunk of to TNA).
Woodward's article did not state whether Japan dates were also
included in this demand of TNA. If this were the case, TNA would
be attempting to get money out of much larger Japanese offices
with talent such as Christopher Daniels and Sonjay Dutt."
WAY TO GO :n:
NWA-TNA is attempting to institute yet another policy for their
contracted wrestlers that may well further limit their options for
independent bookings.
Sources inside NWA-TNA told Woodward that "the internal
management team" is attempting to implement a policy that
starting with shows in June, all contracted talent that is
booked on a non-TNA independent show will be subjected to
a 15% booking fee, payable to TNA.
In addition to that, TNA is also implementing a 50% deposit for
bookings to be payable to NWA-TNA, once a promoter books a
talent.
Woodward posted this scenario: "If a wrestler is signed to work a
show for $1,000, there will be a $150 fee payable to TNA, raising
the total outlay for the promoter to $1,150, & $575 will be payable
the day the booking is made (even if the actual show does not take
place for months down the line)."
As a real life example, Woodward stated that, since Raven's
standard payoff is $1,500 per indy appearance.This would mean
Raven would need to get $1,725 from a promoter to net the
$1,500 that he got before, or raise his fee (which he would still
be losing a chunk of to TNA).
Woodward's article did not state whether Japan dates were also
included in this demand of TNA. If this were the case, TNA would
be attempting to get money out of much larger Japanese offices
with talent such as Christopher Daniels and Sonjay Dutt."
WAY TO GO :n: