Could this be the final nail in the coffin for the struggling wrestling promotion?
TNA’s largest annual event, Bound For Glory only drew a mere 3000 people at the Viejas Arena in San Diego, CA, an arena with a 12,200 seat capacity. Compare this to WWE’s largest event Wrestlemania, which had an attendance of 75,000 strong, selling out the Mercedes-Benz in New Orleans, Louisiana.
Stars like Hulk Hogan, Sting, AJ Styles, Kazarian, Rob Van Dam and Christopher Daniels departed the company, citing creative differences and not liking the company’s direction.
Video available at: http://youtube.com/watch?v=x47YEsQvTCE.
Upon returning to the smaller, independant promotion Ring of Honor, it was clear that the wrestling community were turning against TNA.
TNA have been with Spike TV for the better part of a decade. Since debuting on the network in 2005, IMPACT has seen little rise in the ratings, even wrestling icon Hulk Hogan’s jump to the company in 2010 had little effect.
“Obviously, this is a blow to TNA but they have a weekly audience of approximately 1M viewers which will interest some cable networks. The question is can TNA negotiate a deal that will financially keep them in business in today’s entertainment world with this quick turnaround?”