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Ring Of Honor Wrestling - ROH News

News on ROH financial issues, promotions interested in Mike Bennett and Maria Kanellis

There are reportedly a lot of financial issues right now with Ring of Honor. The problem stems with Sinclair Broadcasting not getting more behind the company. ROH head Joe Koff met with Sinclair officials in December and pitched to them to have the budget expanded for 2015 and 2016. He said that if they did so then they could become the number 2 wrestling company in the country. With TNA moving to Destination America that is certainly a real possibility.

Adam Cole and The Briscoes were brought in to the meeting and did pro wrestling style promos to pitch that they could be the number 2 company in the country. The pitch did not work and the fact that the pay-per-view in December did only 8,000 buys did not help either. That number is under projections.

Sinclair told them to be more disciplined with their spending this year and the feeling after the meeting was that Sinclair wants ROH as consistent programming but Sinclair is not willing to spend more money to help build the company. This led to questions about the future of iPPVs because they’ve had a high level of refund requests due to misfires. This also explains why people like Mike Bennett, Maria Kanellis, and Roderick Strong are not under contract and there is interest in Kanellis and Bennett from New Japan Pro Wrestling, TNA, and Lucha Underground.

Alberto El Patron will probably be done with ROH after the San Antonio show in April. If he does work again with them then it would likely be one last shot.

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