Rumor: Ted Turner Has Purchased a Majority Stake in TNA?

[T2KFreeker]

Well, gotta ring in on this one. "IF" Turner has bought TNA, I am excited. Most of the people that have posted so far have already brought up why. It will be interesting to see what happens in the weeks and months ahead. "IF" this is the truth, I expect things to explode over at the company and I also do expect that we will know the truth come Bound For Glory. Talk about a blockbuster PPV moment? Like it or not, you have Sting VS Hulk Hogan already and you have what could potentially be one of the most entertaining matches ever in TNA in Kurt Angle VS Bobby Roode and now you factor in that it possibly could be announced that Ted Turner has jumped back into the Wrestling World. Hell, that alone could generate HUGE media coverage for TNA alone. Who knows? I'm going to hope that they are waiting for the ink to dry on the contract before announcing anything. Sadly though, it's probably the wrestling equivalent to a wet dream.

 

[93178]

I highly doubt this is true, but if it is, it will be awesome. If Ted does/did buy into TNA I could easily see him moving the show to being live on Tuesday nights. The reason for this is because TNA right now shouldn't be on Mondays, to many other things go on during monday and there really is no room for two wrestling shows that night. But with the talks of WWE wanting to move SmackDown! to tuesday nights live, if TNA where to do it first, I highly doubt WWE would since Vince wouldn't want it to look like he is coping Ted and trying to compete with them.

The one big difference if Ted ran a company now unlike before is, he wouldn't be able to pull off so many surpass signings right from the WWE. WWE now has the 90 day clause in all their contracts and with the way the internet is, nothing would be able to stay a secret for 90 days and it wouldn't really be that much of a impact 3 months later.

 

[Jack-Hammer]

Yeah, I'm just not buying into this at all. It would be the kind of story that'd rock the wrestling world. It'd be all over the internet, every wrestling website would have articles on it in which there'd be journalists watching it like a hawk. There'd be round the clock coverage from every wrestling site worth a damn in the hopes of being the first to catch some sort of scoop or exclusive.

When Turner purchased Crockett Promotions and everything that came along with it to create WCW, it was already a much stronger brand than TNA with a roster full of established stars. Turner literally pumped amounts of money into WCW that bordered on the obscene. So yeah, just don't see this happening.

 

[Miro_A12004]

As much as I would like this to be true, I can't for the life of me think it is.

If Ted Turner really bought TNA, wouldn't you think that this would be allover the news, that a big announcement would certainly be made from either party (Ted or TNA) confirming the deal, that possibly a press conference would be held to announce the deal, remember when Hulk Hogan and Eric Bischoff signed with TNA, it was allover the news and a press conference was held, now if this report was true this will even be bigger news than the Hulkster signing with TNA and definitely they would have announced it to get more publicity and to get people talking about them outside the world of pro wrestling. To me this is just a wrestling site trying to spike up its number of visits, as this news doesn't appear on any other site and the way the report is written is totally unprofessional and has a lot of grammatical mistakes.

BTW, of course if this is true (which I highly doubt) then it is good news for all of us wrestling fans as TNA will be marketed in a right way to get recognition and they'd be able to use Ted's money to be aired live, go on the road weekly and increase the production qualities of their shows but most importantly they'll be able to sign talents with huge recognition to help them enter into mainstream, unfortunately I can't see this happening though.

 

[Grizzly0u812]

Here is my take right now, If Turner has invested in TNA will make things interesting because then they will have funds to overhaul their product and maybe be able to bring in more talent.

Back then WWF/WWE and WCW both had top notch superstars which allowed both promotions to excel and make for great shows, since then, WWE has lost a lot of their top stars from them retired, career injuries, leaving, passing away or they are getting to the point they will be retiring shortly and are taking more time off.

Vince has only maybe a handful of stars now, face it, Undertaker will retire soon which will leave a big void in WWE, Triple H same thing, if he wrestles might have a couple years left, Rock has done nothing, Shawn is done, Stone cold only makes appearances, Big show, Kane keep hearing they will be done soon, Great Kali rumour to be done also, Sadly, Edge was cut short and so on, so if TNA goes up against WWE with Turner money backing TNA, will be good.

Vince is scared of competition, hell did he not buy the Time slot that ECW was being shown on which cause ECW to not be televised on TV leaving them only being seen in house shows and Pay-per-views which hurt them big then vice bought them out as far as I understood.

WWE is not as strong as they once were, yeah WWE has many different sections as a company that TNA does not which is why they are not as big but give them time to grow, WWF/WWE has been around for over 50 years where TNA has not, a lot of talent stayed with WWE cause of money, now if TNA can offer decent contracts to superstars you think they will stay in WWE.

Not sure if this is true but if it is let the games begin and maybe wrestling in both WWE and TNA will start becoming more believable again.

 

[Terry Gyimah]

If Ted Turner has bought a majority stake in TNA, then he will rename TNA and call it WCW once again turning TNA into WCW 2.0, WCW would be revived

 

[The Dragon Saga]

If Ted Turner has bought a majority stake in TNA, then he will rename TNA and call it WCW once again turning TNA into WCW 2.0, WCW would be revived

That would happen... If only WWE didn't own the name WCW and copyright laws didn't exist.

If Turner hasbought a majority stake in TNA and would be willing to invest then TNA would see, as many have said in this thread, a large increase in funds and a large number of updates. Another advantage would be the fact Turner actually has some past experience owning a wrestling company and I'm sure even though he doesn't know a ton, he probably knows a lot more than clueless Dixie Carter.

It'd be interesting if this is true. Hogan, Eric and Turner all in the same company again, not to mention Russo. It'd be a thing of hoping they've all learned from past mistakes.

 

[Buddrunk420]

If this rumor is in fact true then this could be HUGE for TNA from a money standpoint, only I think thats about it. Sure Ted Turner has the money to upgrade the production value and likely take the show on the road with a live broadcast once or twice a week but to me thats it. It would be fantastic for them but I dont see them doing to much. FOR THIS REASON...

TALENT.
There is no Talent avalible for Ted to rob from Vince like there was back in WCW days. Sure Goldberg, Batista, Chris Masters, Carlito and a hand full of others are out there but not nealy as many big name free agent names out there. People aready bitch and complain about TNA picking up old, has been, WWE rejects. Outside of a few guys from ROH, all the avaliable talent is from WWE. Besides how many people would really know who the Briscoes are? Who Embassy are? Who The Kings of Wrestling are? They could show up on Impact Wrestling and only about 1/4 of the crowd would have a clue who, they are if that.

TNA have buried almost all there home grown talent. All the main players they had in the begining, some of which were brought in from ROH, have been kicked to the side by guys like Hogan, Bitchoff, Flair, Sting, Hardys, Nasty Boys, Kennedy, Jerret, Foley, Angle, Booker T, Steiner, Dudleys, Kevin Nash, Christian, and the list goes on. Nasty Boys? Really?

Dont get me wrong some of the guys I mentioned can still go, still have it in the ring, and HAVE NO PROBLEM PUTTING OVER NEW TALENT! Some guys i mentioned and some left unsaid are killing the company, have zero buisness being in a wrestling ring, and would cut the heart out of any up and coming talent just to stay in the spotlight for one more night.

Unless Turner can get the trash out of TNA, that includes wrestlers and management, replace it with quality talent and innovative minds behind the scenes, he is just wasting his time and money. TNA can go live and have great prodution value but if the talent and the show itself sucks it dont matter how much pyro and lazer lights you have. You cant polish a turd!

 

[rohwrestlingfan777]

Here is my take right now, If Turner has invested in TNA will make things interesting because then they will have funds to overhaul their product and maybe be able to bring in more talent.

Back then WWF/WWE and WCW both had top notch superstars which allowed both promotions to excel and make for great shows, since then, WWE has lost a lot of their top stars from them retired, career injuries, leaving, passing away or they are getting to the point they will be retiring shortly and are taking more time off.

Vince has only maybe a handful of stars now, face it, Undertaker will retire soon which will leave a big void in WWE, Triple H same thing, if he wrestles might have a couple years left, Rock has done nothing, Shawn is done, Stone cold only makes appearances, Big show, Kane keep hearing they will be done soon, Great Kali rumour to be done also, Sadly, Edge was cut short and so on, so if TNA goes up against WWE with Turner money backing TNA, will be good.

Vince is scared of competition, hell did he not buy the Time slot that ECW was being shown on which cause ECW to not be televised on TV leaving them only being seen in house shows and Pay-per-views which hurt them big then vice bought them out as far as I understood.

WWE is not as strong as they once were, yeah WWE has many different sections as a company that TNA does not which is why they are not as big but give them time to grow, WWF/WWE has been around for over 50 years where TNA has not, a lot of talent stayed with WWE cause of money, now if TNA can offer decent contracts to superstars you think they will stay in WWE.

Not sure if this is true but if it is let the games begin and maybe wrestling in both WWE and TNA will start becoming more believable again.

ya your right and i get most of my news from thewrestlingtimes.com they have the most ROH News of all the sites .

 

[rohwrestlingfan777]

Still deciding if is bad or good...

At 1st i said to my self this guy is nuts , hell ya its good . Thin i got to thinking what if Ted Turner comes in runs the bills up by staring a new show and thin tna cant pay for the 2st show and ted pulls his backing and tna is left in the red.

 

[411GETmoney]

TNA could surely use someone like Ted, someone with a large amount of money willing to put it into the business.

the site put up a 2st update up on this

~~~~

http://www.thewrestlingtimes.com/2011/10/tna-news-panda-energy-will-be-working.html#more


By The Wrestling Times - The Wrestling Times reported in a previous article that "Ted Turner has purchased a majority stake in the company", but at this time We don't know how big that stake is. Panda Energy will be working with Ted Turner .


Did Ted Turner buy TNA ? Yes. Its seems that he did in some way. Another thing, I've often wondered is how close in business terms were Hulk Hogan and Ted Turner; why didn't Hogan not just give Turner a call for his assistance? Then again, how many other contacts has Hogan received that he could have used to boost TNA's growth? Certainly makes one questionthings a bit.


There has been so much wrestling news activity going around online about TNA over the recent days. Reports about Spike TV wanting to buy a stake in TNA have emerged as well. Other rumors that came out recently involved TNA is looking at going to ESPN next year. WWE fan or TNA, you want to see this because it can only make both products better.


Let's be honest. All of a sudden TNA is pumping media tours, tours to countries they have never been to such as the South America tour. Re-signing Hogan, Bischoff, moving Russo down, heavily scouting talent? All at the same time? This added a lot of credibility and I think Ted Turner wants another crack at Vince McMahon. I do not think that Mr. Turner is one that likes to lose. If he is willing to put the dollars behind it and get behind more TNA programming, as they need to run at least 2 or 3 more different shows to compete.

I think he has been waiting on his time to strike and now is the best time to strike for Ted Turner. Let's not forget even Turner learned a valuable lesson from budgeting in WCW. If only Ted know about these financial lessons when he was in control of WCW. Recently Ted sold his sports teams such as the Atlanta Braves, Atlanta Hawks, and the Thrashers, an NHL hockey team.

I think Ted Turner may show up on ESPN with hulk hogan

 

[Clare]

i dont belive it ted turner is broke and i dont think panda energy would let him in as look at the money he let hogan/russo/bishoff waste in wcw and if it is true BIG MISTAKE AND we might as well say BYE BYE TOO TNA now !!!!

 

[baufan2025]

i dont belive it ted turner is broke and i dont think panda energy would let him in as look at the money he let hogan/russo/bishoff waste in wcw and if it is true BIG MISTAKE AND we might as well say BYE BYE TOO TNA now !!!!

How come everyone wants to mention how much Bischoff was spending in WCW but they never bring up the fact that it was also bringing in tons of money too?

 

[ROCKHARDjm]

That'd make the current products interesting. wonder if WWE would see TNA as any type of competition.... doubt it though

 

[sweetcosmicpope]

i dont belive it ted turner is broke and i dont think panda energy would let him in as look at the money he let hogan/russo/bishoff waste in wcw and if it is true BIG MISTAKE AND we might as well say BYE BYE TOO TNA now !!!!

Ted Turner certainly isn't broke. He's not as rich as he used to be, but he's still a multi-billionaire.

 

[alexikosalov]

The last time this happened WCW went out of business. No big names would ever leave Vince knowing how this story ends. That's assuming this rumor is even true, which I do not believe at all.

Ted Turner learned his lesson. He's far too old to be making the same mistakes again.

 

[Clare]

Ted Turner certainly isn't broke. He's not as rich as he used to be, but he's still a multi-billionaire.

he aint broke he annonced b4 he was down to his last few mill and if he ever got hold of TNA i give it not even 3yrs and TNA would be WWE iMPACT !!!!!!
with kelly kelly as GM

 

[Dusty Roids]

OMG!!!! he is richer than vince lol!!!

I think any guy with passion and alot of money for wrestling is great. But why in the same company with guys like Hogan and bischoff? They are one of the reasons WCW failed. I don't think Billionaire Ted is that stupid. SO I dont believe this rumor.

 

[ABMorales787]

Forgive my skepticism, but last time a major turn-up took place in TNA, the world exploded within seconds and it was all over the place. Of course that's me refereeing to Hogan signing in late 2009. Now Ted Turner has supposedly bought stock in TNA and all we get are minor reports on a CNN board? If it's true, dirt sheet reporters really fucking suck.

 

[One to Remember]

I dont think half of you understand the legal complexities of the sale of wcw..i dont think you understood how the aol time warner merger effected turner's authority.

Why would turner by tna at this point in his life and more importantly why would he do that as opposed to privately purchasing wcw from aol t.w. in 2001?

 

[rohwrestlingfan777]

Forgive my skepticism, but last time a major turn-up took place in TNA, the world exploded within seconds and it was all over the place. Of course that's me refereeing to Hogan signing in late 2009. Now Ted Turner has supposedly bought stock in TNA and all we get are minor reports on a CNN board? If it's true, dirt sheet reporters really fucking suck.

cnn !!!! what !!! i saw it on thewrestlingtimes.com

 

[Rubedo187]

I don't think Ted Turner has purchased any stocks in TNA just by the fact that going by all the turmoil that came with the sale of WCW. Honestly if this were to be true, it would work to the benefit of TNA since any backers they could get would help the company to have an extra nudge to try to grow.

 

[randomguyri]

i wish ted turner would invest in tna it would shake up everything at wwe