February 22, 1999 Wrestling Observer Newsletter: ECW having financial problems, St. Valentine’s Day Massacre review, more

With the recent spate of bounced checks, questions are being asked about the future and current financial condition of Extreme Championship Wrestling.

Paul Heyman, the group’s owner, is somewhat responsible for many of the concepts that ushered in the current era of pro wrestling. For the most part Heyman and ECW have been unable to share in the financial rewards and media publicity garnered by WWF and WCW as they took his ideas to reverse their financially money losing enterprises into very profitable businesses.

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Dave Meltzer
Dave Meltzer

Dave Meltzer is the founder and lead writer on the Wrestling Observer Newsletter, the weekly constant when it comes to news and reviews in pro wrestling and mixed martial arts for more than 40 years. Dave also co-hosts Wrestling Observer Radio with Bryan Alvarez and had had bylines for The National, Yahoo Sports, MMA Fighting and others.