Bets Being Taken For If WWE Will #FireJBL

The following European Market odds are from Paddy Power. Wagers are not available from all countries. Visit Paddy Power by clicking here

With the impressive amount of mainstream press related to JBL’s involvement in Mauro Ranallo’s sudden departure from longtime employer WWE, coupled with outcry from supporter’s of Mauro for JBL to be fired over this, Paddy Power has posted betting odds on if JBL will indeed be released from the WWE.

The odds have shifted and JBL is now favored at 8/15 to keep his job after all, or at least last until July, a 65% chance of keeping his job. This could be the result of several factors, the first being JBL being kept on television this week on Smackdown. One would think if the WWE was concerned about the situation that JBL would at least not be appearing while the controversy cools off. Instead, it’s business as usual.

Another factor is the recent news of Mauro’s management being in talks with WWE about a settlement with Mauro. It is rumored that part of the settlement would be a non-disclosure agreement meaning Mauro wouldn’t be able to publicly talk about the JBL situation or negatively about the WWE. If there was a plan to terminate JBL’s contract, would the WWE really be discussing a settlement?

Will JBL Still be Contracted to the WWE on July 1st 2017?

Will JBL Still Be Under Contract on 7/1/17? April 15
YES 8/15
NO 11/8

The WWE appears to have no plans of removing JBL from his various duties in the WWE as they have not taken him off of television yet. He continued his regular task of being a commentator for Smackdown Live on Tuesday nights this week and there seems to be no plans to punish him for accusations that JBL bullied Mauro into not showing up for his bookings as a broadcast partner with JBL. Ranallo is not expected to be returning to the company and many are blaming JBL.

Threat of canceled subscriptions to the WWE Network by irate critics of JBL along with continued coverage by mainstream media may cause the WWE to reconsider keeping JBL employed. Ultimately WWE answers to it’s stockholders and if having JBL on the payroll hurts the company’s stock, there may be no choice but to release him from his contract.

It will be very interesting to see what outcome will be backed by gamblers. July is almost two months away and these odds could potentially move significantly in wither direction. Unfortunately for JBL, these odds being posted by Paddy Power will only serve to keep this public relations nightmare for what already is looking to be a story that won’t die. The longer this situation remains in the headlines the worse JBL’s chances of staying out of the unemployment line become.

 

Source: Paddy Power

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Dixie Carter Resigns!!!

Anthem Sports & Entertainment Forms Anthem Wrestling Exhibitions, LLC., Acquires Control of IMPACT Wrestling

Toronto, Canada (January 4, 2017) – Anthem Sports & Entertainment Corp. today announced it has entered into a definitive agreement to acquire a majority interest in TNA IMPACT Wrestling, and has formed Anthem Wrestling Exhibitions, LLC. Anthem also owns Fight Network, the world’s premier 24/7 multi-platform channel dedicated to complete coverage of combat sports, which is IMPACT Wrestling’s exclusive broadcast partner in Canada and worldwide digital partner.

“We are thrilled to have acquired TNA IMPACT Wrestling,” said Ed Nordholm, Executive Vice President of Anthem Sports & Entertainment Corp., the parent of Fight Network. “As we grow Anthem’s linear, digital and mobile platforms globally, top tier content with global appeal is key to that success and this acquisition is a perfect strategic addition to our portfolio. IMPACT has been a dominant wrestling brand around the world for more than a decade and we are confident that Anthem can leverage its assets and strategic partnerships to take IMPACT Wrestling to even greater heights.”

Mr. Nordholm, who has been the managing director of the IMPACT Ventures Board of Managers since October 2016, will assume the position of President of Anthem Wrestling Exhibitions, LLC. Dixie Carter will resign from her position as Chairman of Impact Ventures and join the Advisory Board of Fight Media Group, which holds all of the combat sports-related assets of Anthem, where her focus will be on the global growth of the combat sports-related brands owned by Anthem.

“Anthem has been a great partner for many years,” added Dixie Carter. “We have worked hard to find the right company who would acquire TNA, use its strategic influence and have a long-term commitment to the brand. TNA’s incredible fans, talent and staff deserved to see the brand continue to thrive after 15+ years of incredible growth. I’m excited to move to a new position and work with Anthem on their global strategic plan, and I am confident TNA IMPACT Wrestling is going to be a huge part of their success.”

Ms. Carter will remain a minority equity stakeholder.

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