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#1 |
Posts: 3,033
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TNA Money?
So, I'm curious to know how much money TNA actually is making (if any?) and how much they're spending. I can't imagine Panda Energy will continue to just pour money into TNA very long without seeing some substantial profit or growth.
Owning, operating and investing in numerous businesses myself (both large and small) through the years, I know I wouldn't be happy with the results or product they were putting out with my investment. They don't seem to have any consistent substantial growth in sales, audience, or ratings from my perspective. Anyone have any ideas of how much they spend/earn or thoughts on the Panda Energy/TNA investment, money, etc., timeline? |
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#2 |
TPWW's #3 Peep
Posts: 20,903
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I imagine their profits went down/expences went up as soon as the signed Hogan.
And what good has that done TNA? :foc: |
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#3 |
Amazon Affiliate
Posts: 42,694
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Bottom Line: $5.00 USD
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#4 |
The Mr. Hanky of TPWW
Posts: 1,625
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TNA only lost money from 2002-2007. Panda Energy own the company and as it is the pet project of Dixie Carter (the owner of Panda's daughter) and most feds take a little while to get going, it has been allowed to lose money. Also TNA started on TV straight away without any slow build which is almost unheard of.
They are now making a profit thanks to increased money from SpikeTV for 2 hour shows rather than 1 hour, increased number of non-televised house shows and licensing the video game to Midway. |
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#5 |
The Mr. Hanky of TPWW
Posts: 1,625
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The following is the payroll for TNA wrestlers for the year 2008.All wrestlers are provided with airfare,accomadation and ground transport for house shows and ppv's held outside TNA studios in Orlando,Florida.In adittion to their salry all wrestlers get 20% of profits of their merchandise sold,1% of profits of the house shows and ppv's they paricipated in,and an annual bonus declared for wrestlers.Also their salary is cut off on a day to day basis for the period they are inactve in the tna roster due to injury or personal problems.The following depicts the dollars earned by tna wrestlers in a one year period for the year 2008.
Abyss-$350,000 AJ Styles-$350,000 Alex Shelley-$150,000 Andrew Thomas-$75,000 Angelina Love-$60,000 Awesome kong-$100,000 BG James-$250,00 Black Reign-$200,000 Booker T-$450,000 Brother Devon-$300,000 Brother Ray-$300,000 Chris Sabin-$150,000 Christian Cage-$450,000 Christy Hemme-$75,000 Consequences(Austin Creed)-$75,000 Curry Man(Christopher Daniels)-$300,000 David Penzer-$75,000 Don West-$150,000 Earl Hebner-$150,000 Eric Young-$200,000 Frank Trigg-$200,000 Gail Kim-$100,000 Hector Guerrero-$100,000 Hernandez-$200,000 Homicide-$200,000 Jacqueline-$75,000 James Storm-$200,000 Jay Lethal-$150,000 Jeff Jarrett-$750,000(vice-president of TNA) Jeremy Borash-$200,000 Jim Cornette-$250,000 Jimmy Rave-$75,000 Johnny Devine-$100,000 Kaz-$200,000 Karen angle-$100,000 Kevin Nash-$450,000 Kip James-$250,000 Kurt Angle-$650,000 Lance Hoyt-$150,000 Matt Morgan-$200,000 Mike Tenay-$200,000 ODB-$75,000 Petey Williams-$150,000 Raisha Saeed-$50,000 Rhaka Khan-$50,000 Rhino-$350,000 Robert Roode-$250,000 Roxxi Laveaux-$60,000 Rudy Charles-$100,000 Sainas-$50,000 Samoa Joe-$350,000 Scott Steiner-$350,000 Shark Boy-$100,000 Sharmell-$75,000 So Cal Val-$60,000 Sonjay Dutt-$100,000 Sting-$500,000(Has to make 12 Impact,8 PPV and 8 House show appearances) Tomko-$300,000 Traci Brooks-$100,000 Velvet Sky-$50,000 Willie Urbina-$75,000 With these kinds of numbers I just dont see how TNA is makeing a profit |
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#6 |
The Mr. Hanky of TPWW
Posts: 1,625
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Unlike WWE, TNA Wrestling is a privately held company so that information is not made available to the public. However, TNA Wrestling (which does business as TNA Entertainment, LLC) is owned by Panda Energy International and Jeff Jarrett. Panda Energy International is the majority owner with Jarrett still retaining something like 15%. I have heard that the company should be turning a profit by now, however, I am unable to confirm that 100% or go into details about it.
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#7 |
Out Of Step
Posts: 12,059
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Alot of the higher paid talent on that list arent there anymore, and i know Flair gets paid by Panda Energy not TNA so im not sure if that comes from the TNA budget. Although the money they saved is probably what pays Hogan and Bischoff. $100K for Karen Angle??
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#8 | |
The Mr. Hanky of TPWW
Posts: 1,625
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Quote:
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#9 | |
Out Of Step
Posts: 12,059
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Quote:
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#10 |
Grim Fandango
Posts: 5,192
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#11 |
Pope Is Pimpin'
Posts: 4,676
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I think those are in Pesos or something
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#12 |
Out Of Step
Posts: 12,059
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#13 |
Grim Fandango
Posts: 5,192
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#14 |
Pope Is Pimpin'
Posts: 4,676
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So he's really..........
Tim Donaghy ![]() |
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#15 |
Out Of Step
Posts: 12,059
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Touche.
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#16 |
Narc stole my star
Posts: 6,110
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They spend way too much on stupid shit nobody cares about. I'd love to see them justify paying $200k on Frank Trigg to come in and have some shitty angle with AJ Styles. I bet Pacman Jones got a shitload of cash as well.
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#17 |
I'm Brllnt!
Posts: 3,139
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PPV revenue: $15,000
Changing the 6 sided ring to 4 sides: Est $3,000 Hulk Hogan: $1 million Stupid booking that pisses off the fanbase: Priceless |
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#18 |
king of sucks
Posts: 4,414
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i am suprised no one on that list was at a mill, wonder what hardy and rvd are making. that is nothing compaired to the wwe payrole.
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#19 | |
TPWW's Hardcore Legend
Posts: 2,502
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Quote:
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#20 |
You can't teach that
Posts: 19,337
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To be fair, Pacman got them a ton of pub. SHit pub, but it was worth it. Just like Rodman in WCW.
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#21 |
You can't teach that
Posts: 19,337
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Revenue isnt profit remember.
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#22 |
b/c 5 is better than 4
Posts: 9,721
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#23 |
Out Of Step
Posts: 12,059
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#24 |
Out Of Step
Posts: 12,059
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Apparantly the knockouts make fuck all, even when they were getting the highest ratings on Impact, not sure if i read that on the front page though. Guess that explains Gail Kim jumping though.
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#25 |
Guest
Posts: n/a
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i don't see any way TNA could realistically be turning a profit.
their only revenue is from PPVs, which no one watches, merchandise, which no one buys, and tickets when they tour, which is rarely and i'm sure no one goes to that when they do. and then on the other hand, they have the salaries of dozens of employees to pay, most of them useless and overpaid, all sorts of expenses which i don't feel like listing out. it's pretty much a given that when they brought on hogan, bischoff and the rest of the nWo washouts they were expecting a huge increase in viewership etc. which never happened (remember when they tried to go head to head on monday nights? LOL) and now they're paying out the ass for it. |
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#26 |
Wait, what?
Posts: 526
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They cant be making a profit. Not after this year. No way.
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#27 |
Da Gif/Pic Pimp
Posts: 13,913
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I think TNA secretly sends people to the Price is Right and other game shows to fund their shit.
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#28 | |
Posts: 146
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Quote:
Yea they spending $$ left n right, i dont see them being too profitable yet. and as for Hogan, im sure he gets paid more to be on TV then he does to be some type of a Executive in the locker room. |
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#29 |
The Champ
Posts: 700
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Where in the hell did you get these numbers from btw? They are a private ran company, and I guarantee these numbers are not made public. I call bullshit!
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#30 |
Out Of Step
Posts: 12,059
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[QUOTE=TazFTW86;3359233]i dunno but i find this hard to belive for most of the members here. for ex. awesome kong 100k and wanted a raise? IMO thats enough for a female wrestle to earn in a company like TNA.
QUOTE] At the time though the Knockout division was the highest rated part of Impact pretty much every week, and she was the figurehead of the division or at least a main part of it. If the figures are accurate, IF, then why wouldnt she be be entitled to a bump in wages when guys like Tomko are on $300k. |
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