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Report: TNA CFO Admits Financial Woes, Says Slammiversary Nearly Called Off

TNA aired their Slammiversary pay per view on Sunday night to mixed reviews, but not without significant struggles behind the scenes.

Mike Johnson over at PWInsider.com reports that TNA CFO/COO Dean Broadhead took to his personal Facebook page to lament the sad state of TNA’s financial woes.  Broadhead said that he logged over 80 telephone calls to attorneys, vendors, bankers, and employees to work out financial issues.  He added that he had to secure financing within a 12-hour window so that production trucks would “roll” for Slammiversary and the television tapings going on this week.  “Maybe it’s time to retire.  But maybe not until everything is in its right place,” he closed.

Bill Says:  Slammiversary might have been a mixed reviews show, but to lose it due to money issues would have really killed the product.  I do hope TNA doesn’t take a “nothing to see here” approach to this given the source of this statement.  Here’s hoping TNA and Dixie Carter do what is needed – whether it’s the reported minority stake sale to Billy Corgan that Johnson already put out there or selling outright and getting out of the way – to keep the ship afloat.  Television has been good and guys always need somewhere to work.

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About Bill Wentz (1520 Articles)
Ring-Rap.com's Senior Columnist, writing with the site since 2009 and a lifelong wrestling fan dating all the way back to the early Wrestlemania years. As a strongly opinionated fan, you can get my thoughts regularly on Ring Rap Audio and Around the Ring on Thursdays, as well as in "Wentz's Blog" in print. Look for my live show reports as well for MMA, WWE, ROH, and more. Outside of wrestling, I have a strong obsession with trucks, winning awards statewide with a truck dubbed the "Brahma Bull Edition." Interact with me on Twitter @Bill_SoonerFan or by email at bwentz@ring-rap.com

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