Professional wrestling legend and WWE Hall of Famer Eric Bischoff who is the former Boss of WCW recently talked about professional wrestling promotion Impact and explain why he thought the promotion is not in the professional wrestling business properly.
The Impact Wrestling enter the world of professional wrestling back in 2002 under the name of Total Nonstop Action Wrestling. The promotion is in existence for over two decades and believe it or not there was a time when it was a serious competition to the Mighty WWE. But slowly the glory days have fallen.

Eric Bischoff Explains Why Impact Is Not In Wrestling Business
There was a time when the promotion signed the names like Kurt Angle and Sting. A lot of big names back in the time have signed for the promotion. But unfortunately they could not maintain their status. They lost the battle to WWE badly, and this was one of the biggest mistake that they tried to complete with WWE.
The promotion went through a lot of troubles. It went through an ownership war which ultimately did not make profits for anyone. Currently it is under a different ownership and the promotion is doing good. But it is nowhere near the popularity of WWE or even the newly founded professional wrestling promotion AEW.

They are barely reaching the hundred thousand viewership per show where AEW has already reached 1 million viewership and WWE reaches 2 million almost every show. So Impact Wrestling is not a competition to either of these two promotions but we hope the promotion becomes better and manages to coexist with the other promotions.
Eric Bischoff who is the former Boss of WCW spoke to Strictly Business on AdFreeShows where he talked about professional wrestling promotion Impact and explain why he thought the promotion is not in the professional wrestling business properly. He said;

“It’s f*cking IMPACT, I can get more people to watch me cooking a burger on my big green egg on a Saturday afternoon than watch IMPACT. They’re not in the wrestling business, they have a wrestling show but they’re not touring, they’ve got no licensing, they’re got no merchandising, hardly anybody is watching their show and it has nothing to do with the talent.”
“They’ve got some really great talent but it is what it is, they shouldn’t even be in the conversation about televised wrestling because it’s silly. They’re not a wrestling business. If you enjoy that product, good for you and good for them but to have a conversation about licensing and merchandising with IMPACT Wrestling is [laughable]. Of course they gave [Matt Hardy’s Broken character’s licensing and trademark] up, because they don’t have any reason to hold onto it, they’re not in that business.”
H/T and transcribed by Wrestling Inc.