It was recently announced that Scott D'Amore has been replaced by Anthony Cicione as TNA President. This shift has sparked considerable discontent among the talent, culminating in a letter to Anthem, TNA's parent company, pleading for D'Amore's reinstatement.

The situation began to unfold following a disagreement between D'Amore and the company's management. With Len Asper at the helm of Anthem and having the ultimate decision-making power, it was D'Amore who found himself on the way out.

In a bold move, D'Amore approached Anthem with a proposition to purchase TNA outright, supported by significant financial backing from a leading bank. This proposal was put forward before "Hard To Kill," which was TNA's most successful pay-per-view event in recent years. However, his offer was ultimately declined by Anthem.

In a recent report by Dave Meltzer in the Wrestling Observer Newsletter, it was revealed through two sources familiar with the discussions, and one directly involved, that D'Amore's bid for the company was $10 million.