Wrestling News

Eric Bischoff Reveals How Much Money TNA Owed Him Following Departure

Eric Bischoff

Eric Bischoff has detailed the tens of thousands of dollars that were owed to him following his departure from TNA in 2014.

Speaking on the TNA Final Resolution 2010 episode of’83 Weeks’ alongside host Conrad Thompson, Bischoff explained his relationship with former TNA Chairperson, Dixie Carter. Explaining that although the pair are currently on good terms, financial issues created both legal and personal tension between the two upon Bischoff’s departure from the company in 2014:

“We left on bad terms, but I’m over it. And part of it is, when I left TNA they owed me $130,000 [or] $120,000. Flat out breach of contract, just quit paying. No accusation that I failed to fulfil my end of the agreement, they just stopped paying because they were hurting. The tap was out of water, so to speak.”

Former WCW executive producer Bischoff first joined TNA as an on-screen character and executive producer in January 2010. In November of the same year Bischoff’s son Garett joined the company as a referee, before making his in ring debut for TNA in November 2011. Eric would explain to Conrad Thompson that tensions further escalated between himself and TNA when the company underpaid Garett:

“They screwed my son out 45 [or] 35 grand, and that really got me hot. That got me hot, to screw my kid out of money because your pissed off at me, or whatever? Bad, bad, bad.

So I went through the motions and I filed lawsuits but TNA, man they ghosted everybody. You couldn’t ‘serve’ anybody, you couldn’t find anybody, people changed their phone numbers… By the time I got around to suing them, it was ridiculous. That’s when the sale was happening, people were transferring equity, Billy Corgan was in the middle of shit, it was just a cluster fuck.”

Tensions would continue to rise between Eric Bischoff and Dixie Carter/TNA during this time. In a 2019 interview Bischoff claimed he regretted his time with TNA, with “one or two exceptions.” However reflecting on the situation on the podcast, Eric admits that eventually, he came to the realisation that a court case would ultimately not be financially viable, and that he rarely thinks about the issue in the present day.

Dixie Carter would resign from her chairperson role within the company in 2017, and has been largely absent from the Professional Wrestling world since then. Although Carter has been criticised at times for her tenure with TNA, Bischoff would praise Carter for keeping so many performers in work:

“She did do a lot of positive things. Let’s play a little ‘What If’ for a minute. What if TNA would have never been around? What would Frankie Kazarian and Chris Daniels, where would they have been able to pay their bills and feed their family for the years that they were with TNA. Maybe they would have been able to stay in the wrestling business, maybe they wouldn’t have.

Because keep in mind, context is king here, the indie scene wasn’t that hot back then as it was by 2015-2017. 2008, 2009, 2010, the indie scene, you’re going to make a living doing that, not a good living. There’s a chance that AJ Style would be doing something else right now, definitely Samoa Joe.”

Podcast host Conrad Thompson echoed Bischoff’s statement, crediting Dixie and TNA for their contribution to Professional Wrestling:

“It’s fun to look back and think about all the great stuff that did happen in TNA and all the guys who got opportunities, like Rob Van Dam and Jeff Hardy. When seemingly, their WWE days were behind them. And other guys were introduced, you know. Jay Lethal was always working underneath with TNA but eventually became Ring Of Honour World Champion. He’s made a very nice career for himself, so has Robert Roode, and James Storm, and just on and on and on. And I think sometimes it’s unfair that people just jump to ‘lol TNA’. Okay, maybe you didn’t like some of the creative, but dude, they did a great service for an industry that we all love.”

You can listen to 83 Weeks: TNA Final Resolution 2010 here