Releasing a host of TNA originals, topped by firing Jesse Sorensen
It was either TNA’s miscalculation, or their unrealistic expectation that saw TNA going on the road, and even to several international markets frequently, which considerably impacted their wallets. Soon, Dixie found out that offering lucrative deals to “has beens” such as Mick Foley, Ric Flair, Hulk Hogan and Booker T was not the solution to their problem.
However, this came about a little too late.
A number of stars left the organisation as 2013 came around, including several “TNA Originals” - AJ Styles, Christopher Daniels and Frankie Kazarian, among others. TNA couldn’t afford to keep Hogan, Sting, RVD and others on their payroll, while the drop in ratings put TNA in a spot of bother with Spike TV.
Panda Energy divested itself of its ownership, with Dixie’s mother putting a tight leash on the cash outflow. This, with the PR nightmare TNA and Dixie endured, after firing Jesse Sorensen - a former TNA star who broke his neck, during a bout did TNA no favours.