Eric Bischoff served as TNA’s Executive Producer for many years before quitting the company in 2014.
On an episode of the 83 Weeks podcast, Bischoff revealed that TNA owed him over $100,000 when he left. The company didn’t pay him a dime and ghosted everybody they owed money to.
“When I left TNA, they owed me $120,000-$130,000,” Bischoff stated. “Flat out breach of contract, just quit paying. No accusation that I failed to fulfill my end of the agreement. They just stopped paying because they were hurting.”
“If somebody would’ve picked up the phone and said, ‘Eric, we’re sorry. We know what we owe you but we can’t pay it. I probably would’ve said, ‘Okay.’ At that point, I didn’t need the money so it wouldn’t have been a big deal. But I never got that; it was just nothing.”
He sued TNA out of frustration. However, Bischoff was forced to stop it because he was losing more money on attorneys than he would’ve recovered from TNA.
“I called my attorney and I started pursuing it. I was going to sue them. They screwed my son out of $35,000-$45,000 and that really got me hot. To screw my kid out of money because you’re pissed off at me?”
“So, I went through the motions and filed lawsuits, and TNA, man, they were ghosting everybody. You couldn’t serve anybody, you couldn’t find anybody. People changed their phone numbers. By the time I got to sue them, it was ridiculous.”