$250,000. On October 31, 2002, TNA (which originally traded as "J Sports and Entertainment") was renamed "TNA Entertainment". Carter was appointed president of TNA Entertainment in spring 2003. In December 2007, Carter voluntarily appeared before United States Congress to be interviewed regarding professional wrestling in the wake of the Chris Benoit double murder and suicide. Carter served as the president of TNA until August 12, 2016, when she was announced as the new chairwoman of the promotion, with Billy Corgan taking over the presidency. Soon after, however, it was announced that Corgan would sue the company and Carter, as he was lied to about when he would get his money back. On November 30, it was reported that Corgan had settled his lawsuit against TNA, with Anthem Sports & Entertainment Corp. acquiring the loans Corgan made to Carter in the process. In late November 2016, it was reported that, once Corgan's lawsuit was settled, TNA would go through a restructuring period that would see ownership change, with Anthem taking 85%, Aroluxe 10%, and Dixie Carter retaining 5%, making Carter the minority owner and leaving her with no decision-making power in TNA going forward. On January 4, 2017, Anthem Sports and Entertainment purchased 85% majority stake of TNA Wrestling and Carter resigned as chairwoman after fourteen years in charge. Ed Nordholm of Anthem took over as president. Carter joined the Advisory Board of Fight Media Group, the division of Anthem that deals with the combat sports-related assets of the company where she would focus on the global growth of the brands in that division, while also remaining as a minority shareholder of the company until she left in the same year. Professional wrestling career Total Nonstop Action Wrestling Sporadic appearances (2009–2012) After making only occasional appearances on pay-per-views, Carter made her first appearance on TNA Impact! on August 27, 2009, interviewing new signee Bobby Lashley. In early 2010, after the debuts of Hulk Hogan and Eric Bischoff, Carter became a regular authority figure on Impact!, before losing her on-screen power to the two of them, on the October 14, 2010, edition of Impact!. However, Carter would make another appearance on the November 25, 2010 edition of Reaction when, in storyline, she informed Hogan and Bischoff that a judge filed an injunction against the two on behalf of Carter over not having signatory authority. On the March 3, 2011, edition of Impact!,