People here say that Vince doesn't see TNA as a threat. Then answer me these questions?
1. Why did Vince re-sign Matt Hardy after firing him for revealing the Edge-Lita affair? Because TNA wanted to sign Matt Hardy, that's why.
2. Why did Vince re-sign Jeff Hardy a few years ago, and bring him back to WWE? Because TNA were set to sign Jeff Hardy at the time.
3. Why did Vince offer a new contract in WWE, despite Benoit failing Wellness THREE TIMES! Because Benoit was set to jump to TNA, as Jeff Jarrett tried to sign both him and Chris Jericho (who was out of the company at the time).
4. Why did WWE ignore Randy Orton's three-strikes for Wellness, as well as his numerous antics of trashing hotel rooms and pooing in diva's bags? Because he was seen as a future star of WWE, and if they had fired him, TNA could have picked him up instead.
5. Why was Vince McMahon upset that Kurt Angle jumped to TNA, when WWE had fired him? I mean, if TNA isn't a threat, and you don't want Angle anymore, why be upset? Shouldn't Vince have wished Angle "well in his future endeavours"?
The fact is, if Vince doesn't fear TNA, he should. Because the last time Vince, and everyone else thought that a company was no threat to WWE, it beat WWE 82 weeks in the ratings, and lost a swag of WWE stars in the process. No-one gave WCW, or "Monday Nitro" a chance, but stealing WWE stars, going live, and the NWO, told a different story.
TNA may not be able to offer the money WWE can, but it can offer more time off, and a "second chance". Also, the last person to take on Vince was Eric Bischoff, and Bischoff is currently in TNA.
Vince says that he doesn't see TNA as a threat, but then, he didn't see WCW or ECW as ones either. Vince would be a fool if he dismissed that TNA could turn into a major threat.
Also, if TNA went under, I think Vince would grab their video library, and sign people such as Kurt Angle (and don't tell me he wouldn't), James Storm, Robert Roode, Velvet Skye and Madison Raine. He would probably also re-sign Bully Ray, and would make offers to Mickie James and Tara as well. He might even sign Eric Young as a comedy character, to be a foil for Santino, or something.