After what is billed as its showcase event of the year, Paul Heyman's Extreme Championship Wrestling seems to have settled into a niche where it looks less likely than ever to achieve status as a truly competitive No. 3 office. In the same breath, it also appears to have survived the financial problems early in the year that threatened to put it out of business.
It is a very distant third national promotion. Its TV ratings on its best day come reasonably close to WCW's lowest rated show on its worst day. Its PPV on its best day come close to WCW's lowest rated PPV in its history. In its best cities, it can draw close to, on a good day what WCW, when it recently hit rock bottom, did at its lowest. It has some good wrestlers, but for whatever reason, with the exception of a few, they are people that the big two don't seem to want. It has changed wrestling and pioneered the more sex-driven presentation that has put WWF's popularity through the roof. But someone else is deriving the gold from its concepts.