Source: Wrestling Observer Newsletter

- We mentioned yesterday that Wrestling Observer's Dave Meltzer had looked over a copy of Lucha Underground's contracts. Meltzer said in this week's Wrestling Observer Newsletter that Lucha Underground has options after every season, and the company can terminate a deal after each one. Also, the company's no-compete clauses extend until six months after the talent last appears on TV.

See Also: See Also: Sexy Star Nude Photoshoot Video, Lucha Underground - Dario Cueto Note

- With many questions surrounding Lucha Underground's second season swirling, Executive Producer Eric Van Wagenen took to Reddit and explained the obstacles the company is facing.

"Let's break it down into parts, if and when and where. There is very little doubt in my mind about the if. I'd say it's a 99.9% chance that a second season is happening. LU is a partnership and each of the partners are committed to making season two happen. The `to be continued' at the end of Ultima Lucha was not just us trolling you. It was more of a promise. The issues about money and production costs are indeed real, although vastly overstated. We didn't spend $20 million–not even close. El Rey is one of the best networks I've ever worked with, but what they have to spend doesn't quite cover the costs of a show like Lucha Underground. So our choices are to either raise the money from another source, or make the show cheaper.

"We are currently looking for a second broadcasting partner, either a streaming service or even an additional broadcast network. We are also aggressively going after foreign sales, sponsorships and integrated partners. Those deals take time to secure, and that is why there has been a delay in announcing an official pick-up. The when of this is what's up in the air. Of course we'd like to be back on the air in October, but realistically that date is likely to push. I'd put January of 2016 as the latest date of our return. The where is being debated and is part of option two. Los Angeles is expensive. As much as we all want to stay in Boyle Heights, we may need to investigate a different location for season two. There are other locations with tax incentives or where resources are cheaper. Of course, story-wise, we can make anything work. We all saw Dario leave the temple and where he ends up is anyone's guess."

As we've mentioned before, Lucha Underground talents still haven't been given a date for filming of season 2, but have been told they can accept bookings through the end of the 2015 year.

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