Bischoff Says Anthem Buying TNA Is A Good Thing: 'I'm All For It'

Eric Bischoff thinks that it is a positive for TNA, and professional wrestling in general, that Anthem Sports now owns the promotion.

Bischoff addressed Anthem acquiring the majority share of ownership during the latest episode of his podcast, Bischoff on Wrestling:

I think, like a lot of people who have been involved in the sports entertainment industry, we all believe that the more competition the better. In this case, it’s not really about competition, it’s about opportunity. The more opportunity there is for young athletes and performers to find a place to work, find a way to make a living, I’m all for it. I think most veterans and people that have been in the business for a long time feel the same way. Personal issues aside. Business issues aside. We want the industry to grow and continue.

Bischoff worked with TNA from the beginning of 2010 until October of 2013, when he was sent home by the promotion until his contract expired. He subsequently filed a lawsuit against TNA, and noted he would be talking to his attorney soon as a follow up on that suit.

"The last time I heard we had filed a hearing and we’re waiting for some information," he said. "There’s some movement on our end and I’ll be able to talk about that in the weeks to come. For the time being, I’m happy to hear it. I think it’s time to have fresh management in there. To create fresh opportunities. It’s amazing sometimes what new people, new ideas and new perspectives can create. That’s a business that quite honestly needed it so I’m glad to hear about it.

Anthem formed a new company, called Anthem Wrestling Exhibitions, which serves as the new parent company of TNA.

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