Source: F4WOnline-- Wrestling Observer Newsletter editor Dave Meltzer revealed that TNA Wrestling is having financial difficulties as talent and vendors are frequently paid for their services on a delayed basis.
"Vendors and wrestlers are paid late all the time," he wrote on the F4WOnline.com message board. "Janice Carter controls the purse strings. Only a certain amount of money over what they bring in can be spent and it's prioritized where it goes."
Janice Carter, who is the mother of TNA Wrestling President Dixie Carter, gained complete control of the company's purse strings in 2010 reportedly as to put a stop to her daughter's lavish spending sprees after their financial losses were more than parent company Panda Energy International was willing to tolerate. Meltzer reported in January that Carter has set a doctrine of only allowing TNA what is "deemed necessary" in terms of funding as to keep financial losses to a minimum.
-- A photo of Mickie James kicking Gail Kim at TNA Genesis is featured on the cover of the newsstand magazine Inside Wrestling. The magazine levies criticism towards TNA having the Knockouts Division revolve around Mickie James and Gail Kim as the headline reads: "Has The Knockouts Division Become The Mickie-Gail Show? It's Time To Open Things Up - BFG Style!"
WrestlingInc.com is the largest independently owned wrestling website in the world (Source: Alexa).
Like us on Facebook by clicking the "Like" button below:
Bob Ryder Comments On Why TNA Star Bram Has Signed Three New Contracts In Just Over A Year
WWE Main Event Results (5/29): Neville Vs. Adam Rose, Nikki Bella, Prime Time Players In Action
Sasha Banks Responds To Injury Rumor, Update On Former TNA Knockout At WWE Performance Center
Dana Brooke On Why WWE NXT Needs Her, More On Big Show's Return, Kevin Owens, SmackDown Top 10
Status Of Top TNA Star Up In The Air, Tonight's "May Mayhem" Impact, Update On New TNA Contracts
Update On Kevin Owens And WWE's Main Roster, Hornswoggle's Birthday, The Lucha Dragons
Spoilers: TNA Impact Wrestling Results For Tonight
WWE Interested In A Former TNA World Champion?
Brock Lesnar Returning To WWE Television
Top Star Possibly Injured At Last Night's WWE SmackDown Tapings (Updated With Photo)
Possible Replacement For Rusev At WWE Elimination Chamber, Backstage Notes On His Injury
Seth Rollins Addresses Rumor On The Curb Stomp, WWE Diva Being Managed By The Rock's Ex-Wife