The Wrestling Observer has reported that Ring Of Honor is currently dealing with financial issues that come from Sinclair Broadcasting, who own the company not getting more behind the promotion
The report notes that Ring Of Honor Wrestling COO Joe Koff met with head officials at Sinclair Broadcasting's offices back in December to try and get them to expand the budgets for the promotion for 2015 and 2016, pushing the idea that Ring of Honor could become the number two wrestling promotion in the country and that Koff brought Adam Cole and The Briscoes with him for the meeting, in order for them to cut professional wrestling style promos on how TNA Wrestling had lost steam from their move to Destination America and that they could become the number two promotion in the United States, but that the pitch failed.
The report also states that Ring of Honor's Final Battle pay-per-view in December, their second show on standard pay-per-view, did just 8,000 buys, which didn't help things, despite the buyrate being slightly under the company's projections and that Sinclair Broadcasting officials have told Joe Koff to be more disciplined with spending this year and that there is a feeling that Sinclair Broadcasting want Ring of Honor for consistent programming on their network, but are not interested in investing a lot into the promotion or taking their chances to build them and that these financial issues are partly the reason why talents such as Roderick Strong, Michael Bennett and Maria Kanellis are not under contract and are exploring their options elsewhere.
