Dixie Carter Biography, Age, Height, Husband, Net Worth, Family

In 2002, the president of Monterey Peninsula Talent (a booking agency) contacted Carter and informed her that Total Nonstop Action Wrestling, a professional wrestling promotion, required a marketing and publicity outlet. Carter began working with TNA, but, two months later, was informed by Jeff Jarrett (a part-owner of TNA) that a key financial backer (HealthSouth Corporation, which was having financial problems due to its being investigated for accounting irregularities) had withdrawn support from TNA, and that the company was in dire straits as a result. Carter, claiming to "[See] the potential in a marketplace that had one company WWE with a US$900 million market cap and no competitor", contacted her parents, the owners of Panda Energy International, a Dallas-based energy company. In October 2002, Panda Energy purchased 71% of TNA from the HealthSouth Corporation for $250,000. On October 31, 2002, TNA (which originally traded as "J Sports and Entertainment") was renamed "TNA Entertainment". Carter was appointed president of TNA Entertainment in spring 2003. In December 2007, Carter voluntarily appeared before United States Congress to be interviewed regarding professional wrestling in the wake of the Chris Benoit double murder and suicide. Carter served as the president of TNA until August 12, 2016, when she was announced as the new chairwoman of the promotion, with Billy Corgan taking over the presidency. Soon after, however, it was announced that Corgan would sue the company and Carter, as he was lied to about when he would get his money back. On November 30, it was reported that Corgan had settled his lawsuit against TNA, with Anthem Sports & Entertainment Corp. acquiring the loans Corgan made to Carter in the process. In late November 2016, it was reported that, once Corgan's lawsuit was settled, TNA would go through a restructuring period that would see ownership change, with Anthem taking 85%, Aroluxe 10%, and Dixie Carter retaining 5%, making Carter the minority owner and leaving her with no decision-making power in TNA going forward.

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