Update On Sting/TNA, His Price Tag, Much More

Source – Wrestling Observer Newsletter

Sting is said to have either made a verbal agreement or is close to a new contact with TNA Wrestling. The deal is said to be for one-year and he will work some television tapings and most all pay-per-views.

As we noted last year, there were differences of opinion regarding Sting. TNA President Dixie Carter sees him as a superstar whose name will help them in licensing deals and help make TNA look like a major league promotion. Sting is one of the top paid wrestlers in TNA making close to $500,000 a year. SpikeTV was so strong on signing him, they helped kick in money for his first contract.

TNA hadn't gone nearly as high for people who arguably would have had more long-term value, saying the Sting price tag wasn't relevant as a comparison point when it would be brought up due to Spike helping out.