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ROH's problem besides Sinclair refusing to expand their budget is that their head booker, Delirious, has been really terrible going back years.
Every bright spot they've had in recent years either doesn't get capitalized or becomes ruined quickly afterwards.
For example, the partnership with NJPW has been very beneficial to them but they've haven't really built off of it with their stars. At this point, ROH would be in a lot worse shape if NJPW were to bail since NJPW gets a lot less benefits sticking with them than before.
Then you have the handling of the Women of Honor tournament which was mind-boggling dumb. Not only did Delirious make sure his girlfriend had a spot and had a big warmup win over Stardom's top star but also had the winner be someone who before was mostly a jobber or low tier female star for the company. Been rumored Stardom isn't as fond of working with ROH now as they were prior to the tournament.
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