There has been a lot of speculation about the Ring of Honor tape library. There have been conflicting reports on whether the company (and/or the tapes) is for sale. Reports that Sinclair Broadcast Group, the parent company of ROH, is in financial trouble further pushed the rumors.
Gossip also swirled around that part of the ROH library might be owned by Cary Silkin rather than Sinclair. Fightful Select is now reporting that those rumors are false. The entire ROH tape library is owned by Sinclair.
Silkin responded to an inquiry about the tapes and said that Sinclair is the sole owner of the library. As to whether the company is for sale, Silkin says that nothing is off the table.
News of potential financial trouble for Sinclair has been all over the wrestling and broadcasting media recently. The company took a big financial hit after spending billions of dollars to purchase several regional sports networks right before the COVID-19 pandemic shut down hockey and basketball and caused a delay to baseball season. Their stock has dropped 15% in the past six months.
The company also recently ponied up big bucks for media rights deals with the Cleveland Cavaliers, Detroit Red Wings, and Detroit Tigers. The huge capital overlay to try and build a network of regional sports channels combined with the pandemic may have led to the cuts ROH had to make.
The entire Ring of Honor roster was released at once on October 27. Since then, fans have wondered what the future would hold for the promotion. Now it appears that future is 100% in the hands of Sinclair Broadcast Group. The last new ROH content for the foreseeable future is currently airing on Sinclair-owned stations nationwide.
Do you think Sinclair will sell the ROH tape library? Share your opinion in the comments!