Mike Johnson of PWInsider was recently quoted on another website as saying that TNA was going out of business. He didn’t exactly say that but it sounds like he feels like it’s likely to happen. Here is his exact quote:
“Right now I am very concerned that TNA is going out of business. I’ll say it right now. But you know what, if they are, I will hold up my right hand in a court of law and put my other hand on the Bible, and say they gave the best product that they could on the way out because I honestly believe TNA has provided the best product that they can with their budgeting, with their resources, in terms of booking.”
Considering that Johnson is friends with a couple of longtime employees in TNA, that statement is very telling but not shocking.