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Why Spike TV Renewed Impact Wrestling Until The End Of Year; Ownership Change Looming?

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Spike TV has made overtures about buying 51% of TNA Wrestling. According to a source speaking under the condition of anonymity, the Carter family is interested but so far Dixie Carter has been resistant.

It could be a slow process and with Impact Wrestling set to go off the network at the end of the September, Spike made the decision to extend them until the end of the year so it wouldn't be a race to try to get Dixie on board in such a sport span. For those that missed it, TNA officially announced that Impact will remain on Spike throughout the end of the year on Wednesday nights.

We're told Spike realizes that if Impact was only off the air for a month or two, a large portion of the audience may not be back when the show returns, so with Spike being interested in buying the company, they preferred to give themselves a little more time to convince Dixie to sell.

TNA had nothing to lose by agreeing on a short term extension because it buys them more time to find a new domestic home in the event things are not worked out with Spike.

It's almost like a game of chicken. If TNA finds a new home, Spike could end up losing a franchise they helped build with nothing to show for it. On the other hand, Spike doesn't think there is any network that would pay what they've been paying, so ultimately it may just increase Spike's offer if TNA does find another suitor.

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