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Old 08-12-2011, 02:05 PM   #1
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TNA in the red?
Quote:
Former WWE Superstar Jimmy Wang Yang says he has not been paid by TNA and they bounced a check to him. Yang competed in the June 30th episode of Impact Wrestling in an X Division qualifying match against Matt Bentley and Low-Ki.

Wang wrote on his Twitter page:

"It has been over 6 weeks since i wrestles for tna and i still havent been paid and the check that they sent me 2 weeks ago bounced WTF!!!!!"
So is this a sign that TNA is actually in the red, just poor accounting on TNA's part, or talent that's just exaggerating or trying to get attention?
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Old 08-12-2011, 02:07 PM   #2
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So am I the only one who found the fact that Jimmy Yang even wrestled for TNA bigger news than this?
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Old 08-12-2011, 02:26 PM   #3
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HOLY SHIT

The sky is blue.
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Old 08-12-2011, 02:28 PM   #4
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Quote:
Originally Posted by Xero View Post
So am I the only one who found the fact that Jimmy Yang even wrestled for TNA bigger news than this?
Totally! I had no idea this happened!
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Old 08-12-2011, 03:06 PM   #5
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lol@check
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Old 08-12-2011, 03:15 PM   #6
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Did Jimmy Wang go back to being a FLYING ELVIS?!

Because if he didn't, TNA totally dropped the ball!
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Old 08-12-2011, 03:17 PM   #7
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Was joking, but after looking it up, apparently he did do the Flying Elvis gimmick.
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Old 08-12-2011, 03:19 PM   #8
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lol TNA.
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Old 08-12-2011, 03:21 PM   #9
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Yeah, he was definitely Elvis in one of those qualifiers for Destination X. I have met Yang like 4 times, and he seems like a reasonable guy.
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Old 08-12-2011, 08:37 PM   #10
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I really like Jimmy Yang. Personally, I think any top promotion would be lucky to have the guy. The dude is only 30 years old. He's proven over the years that he can handle ridiculous gimmicks, but I'm just begging for a company to get a hold of him, and present him as a man who finally wants to be taken seriously -- for his talent alone.

Yang should have been paid; I can't imagine TNA being in the red. If they are, though, then they really need to cut a lot of their older talent. Hulk Hogan and Eric Bischoff can go bye-bye, too. It's been almost two years, and they've really done nothing for TNA.
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Old 08-12-2011, 09:00 PM   #11
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Its like Paul Heyman is running things even though he isn't.

Destination X only got like 7,000 buys. Who knows how many Hardcore Justice got. The Impact Taping in Alabama in 2 weeks has only sold about 500 tickets so far. Things are not really going so well. Wouldnt surprise me.
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Old 08-12-2011, 09:01 PM   #12
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He should ask to be paid in stock.
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Old 08-12-2011, 09:07 PM   #13
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Stock in what?
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Old 08-12-2011, 10:09 PM   #14
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I really can't say I'm surprised by this tbh.
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Old 08-12-2011, 10:10 PM   #15
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Quote:
Originally Posted by Droford View Post
Stock in what?
Beef stock? Chicken stock?
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Old 08-12-2011, 10:19 PM   #16
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I thought TNA was always in the red unless they mean Panda Energy is also in red or they managed to "waste" all of this year's funding from Panda.

TNA would be smart to start offloading all the deadweight expensive contracts but knowing them, either nothing gets done or similar to WCW, they get rid of a bunch of cheaper talent but still have the expensive talent sucking up all the finances.
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Old 08-12-2011, 10:29 PM   #17
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Quote:
Originally Posted by BigCrippyZ View Post
Beef stock? Chicken stock?
sounds like the setup for an INSANE DON WEST DEAL

WE'VE GOT TNA BEEF, CHICKEN and PORK STOCK! I TELL YOU..SAMOA JOE LOVES THE STUFF!! HULK HOGAN DRINKS 10 GALLONS OF IT DAILY! JEFF JARRETT PERSONALLY KILLED EACH ANIMAL WITH HIS GUITAR! ACT NOW AND WE THROW IN 10..TEN!! OMG TEN!! DVDS! ITS A $500 VALUE...$20!!!
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Old 08-12-2011, 10:40 PM   #18
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Quote:
Originally Posted by Smelly Meatball View Post
I thought TNA was always in the red unless they mean Panda Energy is also in red or they managed to "waste" all of this year's funding from Panda.

TNA would be smart to start offloading all the deadweight expensive contracts but knowing them, either nothing gets done or similar to WCW, they get rid of a bunch of cheaper talent but still have the expensive talent sucking up all the finances.
TNA stopped hemorrhaging money a few years back, but I'm totally unsurprised they're back there.
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Old 08-13-2011, 02:58 AM   #19
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It is probably just a simple mistake.
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Old 08-13-2011, 08:45 AM   #20
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what was the line from "Saving Silverman"?

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Old 08-13-2011, 11:14 AM   #21
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TNA is where people go to play 'wrestling business' or where people go to milk money from investors who do not know the wrestling business or it is just plain and simply WCW 2.0 w/ out the charm.

What more can you say? You have many of the same people who helped bring WCW into the ground running TNA. TNA had its own identity before these people came on board but now what can you call it other than a WWE want-to-be. Maybe TNA is just a scam by the people running the show, a scam that allows them to make money and blow their ego.
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Old 08-13-2011, 02:01 PM   #22
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They've been bouncing checks for a while now to be honest....or telling people hey, we'll give you check but don't cash it until we say it's ok so it doesn't bounce.

A lot of the guys have asked for theirs in cash.
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Old 08-13-2011, 04:14 PM   #23
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Quote:
Originally Posted by mhirn3 View Post
They've been bouncing checks for a while now to be honest....or telling people hey, we'll give you check but don't cash it until we say it's ok so it doesn't bounce.

A lot of the guys have asked for theirs in cash.
Source?
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Old 08-13-2011, 05:23 PM   #24
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Quote:
Originally Posted by RVDmark View Post
Source?
My buddy who reps half their roster is a good enough source for me.
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Old 08-13-2011, 07:10 PM   #25
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It doesn't suprise me that their not making much/ if any money, or maybe they just don't wanna pay him. I don't think WCW was even in the black for very long, I read that going into 99, they were on the verge of gong bankrupt somehow they kept it together till 01.
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Old 08-13-2011, 10:57 PM   #26
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I really think that TNA would be better served cutting a lot of their "big names." About the only Attitude era guys really delivering in TNA right now are Kurt Angle, Bully Ray and I guess maybe Rob Van Dam and Jerry Lynn.
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Old 08-14-2011, 04:37 PM   #27
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Quote:
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My buddy who reps half their roster is a good enough source for me.
My "reps" you mean "sells crack to" right?
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Old 08-14-2011, 04:40 PM   #28
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Perhaps TNA IS in the red...and that's why we're seeing "Direct Auto Insurance" EVERYWHERE...from commercials, to the ring apron, to the turnbuckles...maybe that company is putting in some real money into TNA, and in turn, TNA gives them exposure.
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Old 08-14-2011, 04:44 PM   #29
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Quote:
Originally Posted by Aguakate View Post
Perhaps TNA IS in the red...and that's why we're seeing "Direct Auto Insurance" EVERYWHERE...from commercials, to the ring apron, to the turnbuckles...maybe that company is putting in some real money into TNA, and in turn, TNA gives them exposure.
yeah i was wondering about all that direct stuff, i only saw that in local indy wrestling before.
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Old 08-14-2011, 08:21 PM   #30
Purgatory
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Direct Auto Insurance is probably funding them for exposure now. I was thinking that when I watched Impact. It's actually quite sad.
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Old 08-14-2011, 08:57 PM   #31
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I think it would be a bad thing if TNA went out of business right now. I think there starting to go back in the right direction. They are putting some new, younger guys in the main event picture (Gunner and Crimson) putting some more time and wrestlers in the X Division, plus competition can only make both companies better.
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Old 08-15-2011, 01:04 PM   #32
Kane Knight
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Quote:
Originally Posted by Rollermacka View Post
I think it would be a bad thing if TNA went out of business right now. I think there starting to go back in the right direction. They are putting some new, younger guys in the main event picture (Gunner and Crimson) putting some more time and wrestlers in the X Division, plus competition can only make both companies better.
We've heard that one before, almost verbatim.
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Old 08-15-2011, 01:14 PM   #33
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If TNA does die, which it should because it's been like a half aborted fetus since it's birth anyway... it won't really hurt wrestling, it would just mean in another year or two somebody else will try to start a big company and get on TV, which would be fucking great.

I feel like TNA will hurt your career as a wrestler more than help it, just being on TV is nice for a guy but being on reality TV isn't good for anyone and that's basically what TNA is.
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Old 08-15-2011, 01:23 PM   #34
Kane Knight
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TNA is a zombie aborted fetus. Really hard to kill, kinda hard to watch, and definitely not suitable for TV. Unfortunately, I think the failure of TNA would hurt any future company's TV chances. So I'm not sure how "great" it would be.

Though the product would almost certainly be better than TNA.
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Old 09-02-2011, 03:28 AM   #35
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You know, didn't some billion dollar energy company pretty much give Dixie Carter some nice financial padding?

AKA, why the fuck should they worry about checks bouncing!
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Old 11-06-2011, 04:49 PM   #36
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Quote:
Originally Posted by Kane Knight View Post
My "reps" you mean "sells crack to" right?
No actually i did not mean sells crack too. Even though JJ has hotel parties after every taping and does a ton of cocaine and it's well known, that was not what i meant. I meant that my buddy is a bunch of the talent's agent.
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Old 11-06-2011, 06:00 PM   #37
Kane Knight
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Quote:
Originally Posted by mhirn3 View Post
No actually i did not mean sells crack too. Even though JJ has hotel parties after every taping and does a ton of cocaine and it's well known, that was not what i meant. I meant that my buddy sells blow to a ton of wrestlers.
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Old 11-06-2011, 11:59 PM   #38
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I don't know if I laughed at Kane Knight's quote or the fact mhirn3 responded to Kane Knight's comment 60 days after it was posted. Either way it was pretty funny.
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Old 11-07-2011, 01:39 AM   #39
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I sure hope jimmy wang has been paid by now
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Old 11-07-2011, 03:54 AM   #40
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He said he was paid a couple weeks after all that initial stuff, yeah.
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