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TNA Pulls Another Power-Play


Tajiri
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It appears that starting in June, TNA will begin asking for a 15% royalty fee from all promoters who book any of TNA's contracted talent on their indy shows. TNA will also be demanding that the indy promotions put down a 50% deposit on the day they book a talent.

 

For example, if AJ Styles charges $2000 to work an indy show, and a indy promotion contacts TNA about booking him, they will need to pay $300 to TNA just to use him and $1000 the day they agree to use him. If indy promotions don't want to pay TNA the extra fee, wrestlers could end up having to pay TNA the fee out of the money they get from the indy promoters.

 

This will also cause problems for wrestlers who often get paid in cash for working indy shows and do not report that income on their taxes. Promotions will now have to pay TNA a check for the royalty fee which creates a paper trail.

 

This move won't be popular with the wrestlers and comes shortly after the unpopular Ring of Honor situation.

 

Credit: PWInsider.com

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I wouldn't be suprised to see a number of TNA contracted wrestlers not renew their contracts if TNA carry on, they are kissing their asses goodbye. TNA Wrestlers don't get paid enough for them to have to keep cutting bookings like this,
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Its a bad move by TNA as it will end up severing all ties they have will "lesser" independent promotions. As Verb said the Wrestlers will end up not renewing their contracts due to their restrictiveness. I know TNA are after more money but surely by working with other promotions will increase revenue?
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god knows alanjp. Im not sure if that TNA can afford not to do this with the money they have so Id probably guess they will keep this going for a while.

 

If the tv deal pulls through though I think the money would then be in place so I would expect TNA to cut these figures down or take them away

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In June is apparently when TNA get their TV deal on Fox, now this means that their show will be on mainstream national television, this means that the wrestlers are getting mainstream exposure.

 

Now with their bigger exposure the wrestlers are going to have bigger name value and therefore draw bigger crowds. So why shouldn't TNA get a bit of extra cash for what their doing? Indy promotions are going to be drawing bigger crowds because of TNA's product so they should pay a bit extra for the TNA talent.

 

I think that TNA is within their right to do this considoring that they aren't the best financially and that they are helping promote America's indy scene.

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TNA aren't the best financially, their payoffs are far from great and are basically on average for the independant scene. When workers signed their contract they did so under the impression they would be free to work for anyone other than WWE therefore enabling them to make decent money, for alot of workers they need other promotions work to make a living.

 

When the new policy comes into effect alot of promotions like ECWA, APW, PWG, UPW, 3PW etc will not be able to afford to use TNA talent or refuse to pay which means TNA talent will have to earn a living on one payoff a week.

 

The current system TNA gained from it, their talent were making good money and they could keep there own payoffs down because of this.

 

Now talent will either expect more money from TNA or not re-sign and choose to work for several promotions added with Japanese tours.

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