Jeff Jarrett out as GFW CCO & Anthem looking to sell Impact Wrestling

S

Sephzilla

Member
gfw-1499361226-800.png


Well, that didn't seem to last very long. I guess LOLTNA is still alive and well.

https://www.si.com/extra-mustard/2017/09/06/jeff-jarrett-global-force-wrestling

Jeff Jarrett is out as Global Force Wrestling's Chief Creative Officer, and the move has the potential to have a wide-reaching impact within the professional wrestling industry.

GFW released a statement that Jarrett needed to focus on personal issues. When asked for clarification on Jarrett's status, GFW's parent company, Anthem Sports and Entertainment, declined comment.

Jarrett's exit creates an entire realm of possibilities for GFW, which, up until 2017, was known as TNA Impact Wrestling.

GFW is hemorrhaging funds, and sources close to the situation have confirmed that Anthem is ready to withdraw itself from the wrestling industry and sell GFW. Anthem even needed to gut the Fight Network in order to finance GFW.
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Withdraw from the wrestling industry if old
 
Apparently rumor is also Jeff retains the rights to the GFW name, so Jarrett could literally walk with the entire branding

but Anthem likes money so they'll probs sell the tape library to WWE.
 
FyreWulff said:
Apparently rumor is also Jeff retains the rights to the GFW name, so Jarrett could literally walk with the entire branding
Click to expand...

Yeah the SI article touches upon this too, basically Anthem would be selling the entity formally known as TNA

Another wrinkle to the story is that Jarrett still owns the name of Global Force Wrestling, so Anthem would be selling Impact Wrestling.
Click to expand...
 
WWE definitely benefits here the most from purchasing them and shutting them down for good. A lot of great character gimmicks are locked, and a lot of current/past WWE stars had great matches in TNA that they'd love to talk about.

Just merge TNA and NXT or something.
 
WWE should make a discount offer for Broken Matt
 
Yeah Matt Hardy is probably begging Vince to buy Impact from Anthem now. Problem is that WWE would take on all of Impact's debts as well, which Vince probably wants no part of. WWE will likely wait for Impact to go broke and then raid the corpse.
 
FyreWulff said:
Apparently rumor is also Jeff retains the rights to the GFW name, so Jarrett could literally walk with the entire branding

but Anthem likes money so they'll probs sell the tape library to WWE.
Click to expand...

The branding is worth squat. Jeff gets nothing there.
 
LMAO Bobby Lashley just put out an interview that made it sound like the switch to Anthem solved all of their financial worries. Feel bad for the talent, they really don't deserve to go through the ringer like this.

Kensation said:
1499288878743

"Anybody spot me a 20?"
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That owl sure knows how to work the hard camera
 
Like I said in the WrassleGAF thread, the only person I know who still watches Impact is my dad and even he thinks it sucks now. He'd rather watch WWE for AJ and the Hardys.
 
I hope WWE nabs the tape library at some point, as early TNA had good quality stuff I would rewatch - and they need it for a AJ and/or Joe Documentary which should happen in the next few years
 
Keyser Soze said:
I hope WWE nabs the tape library at some point, as early TNA had good quality stuff I would rewatch - and they need it for a AJ and/or Joe Documentary which should happen in the next few years
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Yeah. With it basically being dead, and having no chance of offering competition to help make the current WWE product better, it's best that the library gets absorbed and ends up on the WWE Network. I'm sure there's some decent in ring stuff there at least, even if every time I gave TNA a chance it was shit.
 
Keyser Soze said:
I hope WWE nabs the tape library at some point, as early TNA had good quality stuff I would rewatch - and they need it for a AJ and/or Joe Documentary which should happen in the next few years
Click to expand...
Also Angle. A lot of people forget that he spent over half of his career there.
 
Sephzilla said:
Yeah Matt Hardy is probably begging Vince to buy Impact from Anthem now. Problem is that WWE would take on all of Impact's debts as well, which Vince probably wants no part of. WWE will likely wait for Impact to go broke and then raid the corpse.
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No they wouldn't.

They can buy it without it being subject to the debts. I mean, if they went bankrupt, the assets would get sold to pay those debts.

Things WWE would actually want:

* TNA (not GFW)'s tape library and the name to go along with it

* Some number of their talent contracts

* Broken Matt Gimmick
 
The real story here, which Dave hinted at but nobody is talking about, is that Jeff--most likely because of Karen--is smoking crack cocaine again.
 
GFW as a brand is garbage anyway. The whole GFW Gold bullshit tainted it for many and made it even clearer how much of a joke Jarrett is in the business.

That said if the rumours about his alcoholism are true I hope he gets the help he needs. I just don't really want him being anywhere near Impact Wrestling.

dream said:
The real story here, which Dave hinted at but nobody is talking about, is that Jeff--most likely because of Karen--is smoking crack cocaine again.
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You got any sort of source for the crack thing? Like prior issues etc? I know he got in trouble for disabling the alcohol ignition limiter on his car, but not heard anything about drugs.
 
Justice for Matt Hardy.

Here's what I want:

1) GFW goes under.
2) Broken Matt returns
3) Year-long WWE Championship reign with free creative freedom.
 
So who is going to swoop in with that last second bailout to keep this sinking ship afloat?

It always happens.

How many times has TNA been at death's door?
 
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