quote:
Lask week rumors came up that Ted Turner may try to buy back TBS and thus bring back some type of pro-wrestling programming. Turner recently announced that he was leaving his spot with AOL-Time Warner, and expressed interest in buying back CNN.

However, yesterday, Turner said that he has lost $7-$8 billion off his net worth since the AOL-Time Warner merger, due to falling stock prices. He stated that he does not have the money to buy back CNN. That news obviously indicates that he also won't have enough money to buy back TBS, or start up a major wrestling promotion to compete with WWE.