As we've noted, Frankie Kazarian is officially done with TNA. He finished up at this weekend's Impact tapings. PWInsider.com is now reporting that Kazarian's release came as a result of TNA's ongoing cutbacks that started last summer.
Kazarian was making more money than TNA wanted to pay him going forward, and the feeling is that they could afford two younger wrestlers for the same amount. Instead of keeping veterans around, TNA is wanting new, younger talent that come at a lower price tag.
The PWInsider report added that money is tighter than ever right now in TNA.
TNA Production Team Threatens Walk-Out
To further fuel the fire about money being tight in TNA, PWInsider.com also reported earlier that the production crew actually threatened to walk out of last week's television tapings due to late payments.
Reports of TNA failing to pay their talent and staff on time have been surfacing for months, and it appears as if those problems aren't solved yet. Several members of the production team demanded their pay be caught up by a certain point or they would leave in the middle of the tapings.
TNA ended up issuing checks right away and things cooled off, but apparently, there was a 24-hour period that got pretty tense.