Sunday, April 14, 2024
NewsTNAUpdate On Scott D’Amore’s Offer To Buy TNA Wrestling

Update On Scott D’Amore’s Offer To Buy TNA Wrestling

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Anthem Media executives are expected to address the TNA locker room about the release of Scott D’Amore as TNA President tomorrow before the TV tapings.

D’Amore reportedly had a dispute with management before his release, and since Len Asper, the head of Anthem, had the final say, the decision was made to release D’Amore. He made an offer to purchase the promotion before last month’s Hard To Kill pay-per-view event.

According to a report from the Wrestling Observer Newsletter, the company was offered $10 million. This offer included taking on all of the company’s existing debts and the trade debts with Anthem, who would receive $10 million in return.

The D’Amore group believed that the company’s value ranged between $7 million and $12 million. However, Anthem rejected the offer outright without making a counteroffer.

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