The following announcement comes from the official TNA website,

Kurt Angle Makes Decision on TNA World TV Title

Kurt Angle was named as the Executive Director of TNA Wrestling this past week on Impact Live by the TNA Board of Directors and he’s already making changes. Effective today – the TNA World TV Title is now inactive.

What does this mean? We reached out to Kurt Angle for a comment.

Kurt – “The TV Title was left dormant by the Dixie Carter and MVP administrations for over a year. Taking over as Executive Director has required me to fix issues they left behind. Championships are the reward of competition inside the ring between wrestlers striving to be the best. As of now, the TV Title is inactive. I’m looking for our roster to step up their level of competition and wrestle on a higher level for the World Heavyweight, X-Division, Knockout and World Tag Team Championships.”

Every summer, the value of X-Division Championship is raised as that champion is given the choice of cashing in that title for a shot at the World Title at Destination X (July 31st on Spike TV). Kurt’s focus on championship competition starts with this Thursday at 9/8c on Spike TV with Kurt Angle’s Red, White and Blue Throwdown. Angelina Love will defend the Knockouts Title against Gail Kim. The Wolves will defend their World Tag Team Titles and World Heavyweight Champion Lashley will defend against former Champion Eric Young.

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