Source: Wrestling Observer Newsletter
- As I reported a few weeks ago, Booker T is believed to be finished with TNA after his current deal expires next month and he's not expected to work any more matches. Sources say Booker was unhappy with the contract offer TNA made him and that unhappiness is what led to issues between him and TNA in recent weeks.
Sources close to Booker now indicate that he plans to take some time off from wrestling and isn't looking to return to WWE right away. Word is that Booker may make some international appearances if the money is right but he plans on just taking some time off for himself and working on his PWA promotion in Texas.
I don't get why they are keeping him around for another month? Pretty sure it would make the most sense for both parties to sever the ties between each other asap even if his contract does officially run out in only a months time.
Well it depends on how much it costs them... a lot of these contracts have downside agreements that pay the wrestler a hefty severance package if they get released. Obviously it's different for a small company like TNA, versus like, WWE, but I would imagine TNA has LESS negotiating power signing superstars, since it's clear that usually they need the wrestlers more than the wrestlers need them
For all we know Booker could have negotiated that he'll still receive the full sum of his remaining contract or even more than that if he gets released.
So for starters there could be financial reasons behind it...
secondly, burying him on TV and then not using him for a month keeps him out of the headlines. WWE does this to talent all the time. They have the added benefit of no-compete clauses but you'll often see talent unused or buried on TV before their contract expires so that they basically go onto the market with the least amount of value possible.
By doing this to Booker T, he stays out of the headlines for a month and people forget about what's going on with him (see: Anderson, Ken), and it prevents him from mouthing off in public interviews about TNA.
So it makes sense from several perspectives.