Dixie Carter will be resigning from her position as Chairman of Impact Ventures as part of the new deal that sees Anthem Sports & Entertainment take over TNA Wrestling through the new company Anthem Wrestling Exhibitions, LLC.

While Carter will have no say at all creatively or any decisions that are taken within the company, she will be joining the Advisory Board of Fight Media Group, which holds all of the combat sports-related assets of Anthem, where her focus will be on the global growth of the combat sports-related brands owned by Anthem.

The sale to Anthem spells the end for Carter in TNA after her father bought the company in October 2002 and put her in charge of operations. Before she joined TNA following her father’s purchase, Carter actually worked with TNA doing their marketing through her Monterey Peninsula Talent company. She was appointed President of TNA Entertainment in the first few months of 2003, and remained in that position until August 2016 when she gave up the spot to Billy Corgan. Carter eventually bought out TNA from her father’s Panda Energy company and then bought the rest of the shares from Jeff Jarrett in 2015 after he agreed to sell in return of one final run which included a lot of advertising for his Global Force Wrestling company.

A newly created position of Chairman and Chief Strategy Officer was created for her but her role diminished completely in November when Anthem Sports & Entertainment came with enough money to buy her stake, leaving her only with 5% of the company she once owned.