Former WWE, WCW and TNA World Champion Kurt Angle recently spoke to WrestleTalk TV about the Hulk Hogan-Eric Bischoff era in TNA. According to Angle, he never had any issues with them, but explained that they had a lot of ideas and TNA was not financially stable to do those ideas.
“I love Hogan, I love Bischoff. Never had problems with either of them. Terry, we’ve always been close. I believe they did good for the company, TNA. I believe it was very expensive. They probably came up with the idea of TNA traveling town to town every week. It’s a great idea, but where are you going to get the money?”
Angle then revealed that TNA almost went out of business when TNA decided to tape Impact Wrestling on the road.
“I think it really put the company in a position where it almost went under again. I know it went under at the very beginning, but it looked like it was about to go under again. TNA is a great company, but it’s not a WWE. We don’t have the extra funds to take chances, to waste a few million today and tomorrow will be fine. Every penny counts,” Angle explained.
Angle made it clear that the two men were good for TNA.
“Eric Bischoff and Hulk Hogan were very good for our company,” Angle said. “Did they spend a lot of money? Yes. I’m sure it cost a lot of money to get them in there, and I’m sure they had ideas that cost us a lot of money. It was a good thing and somewhat of a bad thing, but I love the guys.”
