Why ROH Refused To Close Down Despite Losing Millions

Cary Silkin was Ring Of Honor‘s former boss. He is one of the people that put some of the best names in the wrestling business. Daniel Bryan, CM Punk and even Seth Rollins worked with Ring of Honor.

ROH’s former boss spoke with Wrestling Inc and shared his thoughts on what kept him going despite the financial debacle. He talked about his passion for the product.

According to Silkin, he knew that he has an excellent product by his side. Cary talked about being broadcast on HDNet, now AXS TV. Cary was sure that things will turn around, but it never happened.

The problem was and I didn’t know at the time, I should have done some more research, but I wouldn’t have turned them down, no matter what, but they only had… five percent of the country could see them.

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Cary talked about his experience of watching the product since the 60’s. While Silkin said that he is not an expert on the product, he also mentioned that he knew he couldn’t compete with the WWE. In the end, this is why ROH kept going, despite the fact that they were losing millions.

No, but here’s the thing. I knew we had a good thing. I knew it, I knew it, I knew it. I’d been watching wrestling since the late ’60s, and I’m not an expert about anything, but I knew we had a good thing. I also knew that we’re not going to be able to compete with WWE. Why did I keep it open, six, seven, eight, nine, 10, 11? Because I knew we had a good thing. It was also passion, my passion for the product.

Sinclair Broadcasting Group later bought the company from Silkin in 2011. Tony Khan acquired the brand and tape library from SBG earlier this year. It’s only a matter of time before we see ROH talent on other television.

What do you think of Cary Silkin’s comments? Chime in.