It has been a few days since TNA's biggest show of the year Bound for Glory and in just this short time some concerning things have come to light. Over the last several months TNA has been caught up in a whirlwind of distressing rumors and stories. Unfortunately for them it doesn't seem like it is stopping any time soon and the concerning news keeps on coming.
Several pictures have been released from Bound for Glory this past Sunday that show just how small the crowd was. Estimates have the attendance between 2,000 and 3,000 people in an arena that seats 12,000. There is even a picture making the rounds on the internet featuring the empty sections of the arena and the hashtag, "#BoundforBankruptcy". As if that wasn't bad enough the ratings have come out for the go-home show last Thursday and they only managed to pull a 0.84 rating. The drop in ratings would likely be an indicator of poor buy rates for the pay per view.
It has also been announced that TNA is cancelling several upcoming television tapings and moving Impact back to Universal Studios in Florida. While this step makes sense given their recent financial concerns it is still a step backwards for a company that just a few years ago declared they were going into a head to head war with the WWE. Regardless of whether you personally enjoy TNA or not there is no denying that having an alternative to WWE is important. Viewers want to have choices and competition is good for business. While TNA may be trying to plug the holes as fast as they pop up there is no denying that the company is in trouble but only time will tell whether or not they sink and who goes down with the ship.
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