#2 No star power
The show has been stale since its inception, except for a few interesting storylines in between. Neville upped the ante with his heel persona and did a fantastic job, and people actually tuned in to watch the show just for him. However, once Neville left, the rating went low too. Then came Enzo Amore (who was probably the reason for Neville's exit) and hyped the show for once.
Irrespective of the heat he garnered from the audience, Enzo single-handedly raised the ratings for the show and let other wrestlers shine as well. But he too is released now.
Will John Cena beat Ric Flair's record? A former WCW Champion thinks so HERE
205 Live was blessed to have Austin Aries, but poor character profile led to him leaving the company.