Do you think Paul Heyman sold out to WWE?

Answer 1

I think we need to look at this from all angles. Pauly was in some financial turmoil, and ECW was bankrupt. The fact is that Pauly is a professional, and the WWE is the biggest name in his profession. He had to go somwhere to make a living. As for ECW, they declared bankruptcy, so it is not like Pauly was trying to sell to make a good turnover. Basically, either Vince could by the name or the name would die. There was no way ECW was gong to continue to exist under Pauly's ownership. Remember, ECW is only ECW in name. And now that it is full of WWE guys, it is unlikely any of the old ECW mainstays, besides RVD, will get a legit run at the ECW championship. The title will probably circulate between RVD, Angle, Big Show, or whatever former Raw/Smackdown upper card superstar that happens to be wrestling in ECW at the time. Just like the old WCW/ECW Invasion angle, the WWE's homegrown talent and established superstars will always be pushed over the ECW guys. The perfect example would be the Kurt Angle vs. Justin Credible match from the first ECW on Sci Fi show. Angle completely squashed Credible, who was one of ECW's last world champions before the company went under. I think the smart thing would have been to try to get ECW's former main eventers, like Justin Credible, over a little bit and let them actually compete with the Angle's or the Big Show's. What makes it even more shady is the fact that Justin Credible had beaten RVD a few times when they were both at their peak in ECW. And now RVD is the Raw and ECW's world champ, while Credible jobbing for Angle. All in all, the new ECW is pretty lame. Pretty lame and pretty weak.

And as for YankeeFan's comment, he didn't check out sh*t. Vince McMahon does not "own them all." TNA Wrestling is owned by Panda Energy International. Panda Energy International, Inc. is an American privately-held company that constructs, maintains and operates environmentally friendly power plants, with the name of the company a reference to the Giant Panda, an endangered species that is also the mascot of the WWF (thats the WORLD WILDLIFE FUND). The company is headquartered in Dallas, Texas, with 150 employees and an annual revenue of $219 million USD. It is a division of The Panda Group.

A stated focus area of Panda Energy is the acquisition of "companies with high growth potential [that may lie] outside of our core areas." In October 2002, Panda Energy purchased a controlling interest (72%) of the Memphis, Tennessee-based professional wrestling promotion Total Nonstop Action Wrestling from founder and CEO Jerry Jarrett. The seemingly unlikely acquisition came about after TNA publicist Dixie Carter, the daughter of Panda Energy founder and chairman Robert W. Carter, contacted her father and persuaded him to purchase the company (which was facing bankruptcy after a major financial backer withdrew their support).

On October 31, 2002, Panda Energy created the limited liability company TNA Entertainment in order to administer TNA. While Jeff Jarrett, the former President of TNA, was appointed Vice President, the majority of other management positions were filled by former Panda executives. Chris Sobol, the Panda Manager of Business Development, was appointed Vice President of Operations, and Frank Dickerson was appointed chief executive officer, while Dixie Carter was made President.

TNA lost money between 2002 and 2005, in some cases up to $1 million USD per month. However, as a result of decreased costs and increased merchandising and advertising revenue, Robert Carter announced in September 2005 that he expected TNA to break even in October 2005 and become profitable by 2006.

In May 2005, Panda Energy rejected a $10 million USD bid by the Nelson Corporation to purchase TNA.

The acquisition of TNA by Panda Energy in 2002 initially provoked (mostly facetious) theorising among the Internet wrestling community that Panda Energy was an extension of World Wrestling Entertainment. The somewhat spurious basis for this claim was that World Wrestling Entertainment had been forced to rename after the World Wildlife Fund (a conservation organization with the initials "WWF" that uses the Giant Panda as its mascot) successfully forced the company to stop trading as the World Wrestling Federation (WWF). It was postulated that WWE Chairman Vince McMahon might have ironically chosen the name Panda Energy in order to mask his acquisition of TNA, thereby preserving the virtual monopoly WWE possessed in the wrestling industry between the bankruptcy of Extreme Championship Wrestling in April 2001 and the formation of TNA in May 2002. These theories were dismissed shortly thereafter when more information on Panda Energy became available.

Answer 2

No, Paul Heyman is a business man, he knows that WWE is the only way to get his love child back. The ECW will never be as crazy, awesome or wild, but just knowing that it is out there means Paul Heyman has done it again

Answer 3

"sold out" is a harsh word. While it may appear he drank Vinces Kool Aid, what he did do was keep the ECW brand name alive. He never let it die, and because of that, we now have a brand extension. It also helped that the current wrestlers in WWE remained loyal to the memory of ECW and rushed to join when the idea was proposed. Rob Van Dam never made it a secret that the best time of his professional life was working for ECW, as did people like Tommy Dreamer, who chose to quit in-ring performing rather than do a job as a second rate character for WWE. It is no coincidence that guys who have quit the business, or cut back their schedules drastically (Mick Foley, Dreamer,Sandman etc) are lining up to take part in the new ECW. I just hope that it isn't watered down and ends up becoming "velocity 2".

Answer 4

Yes, he had to. Vinny Mac brought ECW out a couple years ago, just like he did with WCW...he shut it down...but I guess he doesn't have enough money so he's starting it back up. Think of ECW and the other one TNA as the minor leagues to the WWE, because Vinny Mac owns them all...I checked it out.

Answer 5

Vince oens ECW and ECW SUCKS

Answer 6

yes but vince owned ecw too.

Answer 7

Whatever Vince wants, Vince gets. He knows how to make money......

Answer 8

vince owns ecw so that would be a yes.

Answer 9

no jack *** the wwe owns ecw