Posted On 08/10/2011 By In News With 7 Views

Backstage Ric Flair News, TNA Releases & Finance Update

- Most people were shocked to see Ric Flair arrive at last night’s TNA Impact Wrestling tapings in Orlando. It was believed that Flair had been written off TV and that creative had nothing for him, especially after the recent troubles between Flair and company officials.

– Regarding TNA’s financial status, it’s said that they are “in the black”, which means they have a positive net income, and are in no danger of shutting down. At the same time, there are concern about financial issues in the company.

The new TNA event sponsorship deal with Direct Auto Insurance is worth millions and obviously has helped the company a great deal.

– TNA made several main office releases over the weekend. One of those releases was the man responsible for bringing the company the multi-million dollar deal with Direct Auto Insurance.

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