News Following the WCW buyout:
Tuesday 27th March 2001
҂ The usual flash intro on the splash page of WCW.COM is now nonexistent. What you will find is a picture of Jeff Jarrett, with a message directed to WCW fans with the headline ‘This is only the beginning’. There are no major changes to the WCW.COM website yet, as today’s only new item is the WCW Nitro report with pictures from the event.
Thursday 5th April 2001
҂ Yesterday we reported that the tickets for the first WCW TV taping in May will go on sale on the 14th of this month. Today the official website of the Sovereign Bank Arena at http://www.sovereignbankarena.com
listed the new WCW show in their events schedule. They still didn’t announce a name for the show and there’s no confirmation if it will be called ‘Nitro’. Fans in Trenton, NJ., will be lucky to see the ‘re-birth’ of WCW under the ownership of the Jarrett family. Tapings will start at 7:30PM.
Friday, April 6, 2001
҂ We got word from Sovereign Bank Arena officials today that the WCW show scheduled for tapings on May 9th has been canceled. No reason has been given as to why the show was knocked off. Ticketmaster.com also removed the entry from its database. WCW will now be returning on May 9th for the scheduled Big Bang PPV and in June for the "Glory" PPV. As of right now there is no television deal in place and sources close to us claim Jeff Jarrett is currently working on some sort of weekly PPV deal which could start in June or July.
Saturday, April 21, 2001
҂ The top stars who are interested in taking the buyout from AOL Time Warner to join the new WCW will have to make some sacrifices says Jarrett in his latest report on WCW.com. With the WCW starting from scratch, the established names who currently have high-salary contracts with AOL TW will have to take a major pay cut to be part of the new team, be a team player and commit to the new company. Jeff said bringing such stars will be difficult due to their current contract and what would they get if they joined WCW now. AOL Time Warner recently added the buyout from 30 cents to 50 cents on the dollar in a move to push under contract stars to take the buyout. Wrestlers such as Kevin Nash, Sting, Goldberg and others are believed to sit and collect their money from AOL TW for the remainder of their current contract.(3)