Jeff Jarrett To Anounce New Promotion?

Source: WrestlingInc.com:

Konnan on his podcast, said he spoke with Jeff Jarrett & that Jarrett will be making an announcement this week about a new project. Konnan said Jarrett told him that TNA is in really bad shape & he doesn’t know or doesn’t care if they see through the year. Konnan then pretty much stated that Jarrett would be starting a new promotion with Toby Keith.

Country singer Toby Keith was the main person who was looking to purchase TNA but negotiations apparently fell through. Jarrett was expected to have a key role in the promotion if the sale happened. Shortly after talks between Keith & TNA fell through, Jarrett announced that he was parting ways with TNA.