Ol' slap nuts seems to like running these promotions.. What was his past role with TNA? I was a mark when he was in wcw
I'm not sure of the exact chronology, but I believe Jeff and his dad Jerry owned an NWA "territory" down south around the early 2000's. It was branded TNA as in Total Nonstop Action, although the double-entendre of tits & ass was clear.
New Jack told us a few stories about Jeff's old man since Jack was doing some work down there after ECW sold. Jack didn't stay there because he's stubborn and Jerry didn't like his style of working.
At some point, Dixie Carter came in and bought ownership in the company with financial backing from her wealthy parents. My knowledge becomes even less detailed at this point because I had by then lost touch with the few industry guys I knew. I understand that Jeff stayed on in some type of office role in addition to being on-air talent, but I don't know what kind of authority he'd had by then, and I don't know if his Dad was still involved in operations or not.
Dixie came in and seemed to try copying past formulas that other promotions had successfully used for a time. She tried emulating first WCW, then ECW. I think her logic was that she could maybe do what they did right, but avoid the mistakes that lead to their demise. I don't blame her, as the idea sounds logical, and I probably would have done similar. So far, though, it hasn't worked out for her in the long term.