Complex sentence: TNA's syndication contracts for the show on local TV channels, from after the FSN contract, were converted to contracts for their syndicated show, "Xplosion", as they were no longer paying for the timeslot, though Spike controlled their advertising revenue.
Split into simpler sentences: TNA's syndication contracts for the show on local TV channels, from after the FSN contract, were converted to contracts for their syndicated show, "Xplosion". They were no longer paying for the timeslot, though Spike controlled their advertising revenue.