February 22, 1999 Wrestling Observer Newsletter: ECW having financial problems, St. Valentine’s Day Massacre review, more
With the recent spate of bounced checks, questions are being asked about the future and current financial condition of Extreme Championship Wrestling.
Paul Heyman, the group’s owner, is somewhat responsible for many of the concepts that ushered in the current era of pro wrestling. For the most part Heyman and ECW have been unable to share in the financial rewards and media publicity garnered by WWF and WCW as they took his ideas to reverse their financially money losing enterprises into very profitable businesses.
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