Complex sentence: TNA editor Bill Banks announced the tournament in July 2005 in his "Bank Shot" column, adding that the final would be held at TNA's Sacrifice PPV event on August 14,2005.
Split into simpler sentences: TNA editor Bill Banks announced the tournament in July 2005 in his "Bank Shot" column. In the article he announced the Tournament Final would be held at TNA's Sacrifice PPV event on August 14,2005.