Top 5 WWE Rumors of the Week and Analysis: 3 August, 2014

The busy rumor mill got was dominated by the other promotion in United States this week as TNA found out that Spike TV was pulling the plug on Impact wrestling.Almost all the big speculations that came throughout the week had roots with TNA while others focused on the creative direction that WWE is taking amidst their financial crisis which is blown up to be far bigger than what TNA is going through.Usual suspects like Sting and CM Punk found their place in the mix along with WWEs next pay-per-view outing, SummerSlam. The word around the block might not materialize cent precisely, but here is a look at the best from the lot of this weeks rumors.

#5 TNA going down

The word chaotic was redefined this week by the Internet after the rumor broke out that Spike TV will not renew their contract with Dixie Carter’s promotion.

It would be a big blow for the entire wrestling business if the whole thing turns out to be what is projecting to be as WWE will be left without any sort of challenge in national television.

TNA might not be getting a Television deal from Spike but apparently their creative team is hitting all the right chords. They have arguably the best tag team division in the business with teams like American Wolves, Team 3D and Hardy Boys in their payroll.

There is a mix of young and established talents as well in the company and TNA folding would only make WWE rich in options. The fans is still hoping for a miracle to happen and the desperation is there to be seen from everyone since the rumor broke out.