TNA has sent e-mails to their talents saying the reports of Spike TV not are false. It was said on the recent of Wrestling Observer Radio that TNA officials were playing it the same they did when the sale rumors started last year. They are apparently expecting good news and will update the wrestlers when they have it.
Regarding how much money TNA has lost over the years, an exact figure is not known but as of 3 years ago, they had lost $45 million. They slowed some of their losses after that still been losing money.
CREDIT / SOURCE - F4WOnline