Is It 500 and Out?
The CSWA has scheduled it's 500 edition of CSWA PRIMETIME for New Year's Eve. The CSWA's premiere show began in 1992, but could #500 be its last?
Rumors are swirling that CSWA PRIMETIME 500 could be the beginning of the end for the storied sixteen-year old league.
Following Thomas's 'hostile takeover' of the league by using the courts, which resulted in three months of lost revenue and hefty arena cancellation fees, the CSWA is apparently feeling the fiscal crunch. Former commissioner and suspended co-owner Chad Merritt is scheduled to appear in court early next year on charges of fraud and embezzlement.
One significant rumor that currently has traction is that current commissioner Thomas has been unable to find or gain access to several accounts containing CSWA capital. If Thomas is forced to wait for a court order to force Merritt to reveal the alleged accounts, it's possible that the CSWA could be forced to take drastic measures to survive.
Link:
http://cswawrestling.com
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