WWE Hall of Famer Jim Ross has posted another blog update with his thoughts on the sharp decline in Pay-Per-View buyrates revealed in yesterday’s 3rd Quarter 2009 financial results (more on that), whether Edge will be healthy in time for WrestleMania in March and an update on Jeff Hardy’s legal woes. Some highlights:

WWE’s Declining PPV Buyrates: “PPV’s coming at us fans with such frequency is challenging to. process, prioritize and to afford. However, with the PPV business being such a vital part of any wrestling organization’s bottom line, I would be surprised to see the number of PPV’s decrease. So, it will come back to providing the consumer with what they are willing to and can purchase which will always be attraction driven fueled by button pushing creative which is no exact science.”

Jeff Hardy’s Legal Situation: I see the continuance of the Jeff Hardy legal issue as positive news for Jeff. I’m not an attorney nor do I play one on TV but one can make an argument that if the authorities thought that they had an overwhelmingly strong case that they would not be interested in postponing the proceedings. I strongly feel that Jeff Hardy is NOT a drug trafficker whatsoever and that he will be vindicated. I am also not unbiased in this matter as I am a Jeff Hardy fan and have been since signing Matt and Jeff to their first WWE contracts.

A WWE Cable TV Channel: “WWE TV Network…to me it seems as this is a logical progression for WWE in the future. If I had to place a bet, I would bet that WWE having their own TV channel on cable and satellite would happen sometime Sooner than later. I don’t know when this channel would launch but I do know that WWE has plenty of programming to help start a network. Plus new, non live event programming can be facilitated much like ESPN has done with their, seemingly, zillion hours of original programming that they produce for their multiple platforms.

As always, there’s plenty more to the blog, which you can read at JRsBArBQ.com in its entirety.

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