Tuesday, March 6, 2007

TNA TO LOSE RIGHTS TO NATIONAL WRESTLING ALLIANCE CHAMPIONSHIPS

Pro Wrestling Insider - Pro Wrestling News Inside & Out:

"It's just a matter of time, but Total Nonstop Action Wrestling will soon no longer hold the rights to the National Wrestling Alliance championship and Tag Team championship name and belts.
The NWA and TNA have been at odds over financial compensation in regard to the championships for several months. The most notable issue is said to have been been whether TNA would need to financially compensate local NWA promoters who hold territory rights when TNA live events featuring NWA championship defenses are held within their territory. Obviously, as TNA plans to run more and more live events, that would become a grander issue between the two sides. There may have been additional factors as well, but sources from both sides have confirmed the situation mainly revolved around financial issues. "

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