PWMania.com reported before via F4Wonline.com that Spike TV’s decision not to renew TNA’s Impact Wrestling contract came just a few days after Spike found out Russo was still working with TNA.
Spike was not happy when they found out Russo was still working for TNA. While there’s speculation that this could have been the “straw that broke the camel’s back,” there was still no new deal in place 2 weeks ago, before they found out Russo still had ties to TNA.
It’s said that Russo’s involvement with TNA played a big factor in Spike not renewing Impact but they likely would not have renewed anyway.
When the news of Russo working with TNA was recently confirmed, there were a lot of people in TNA worried because of what’s happening now.