Source: Wrestling Observer Newsletter via WrestlingInc.com:
Jeff Jarrett has been working on building a new wrestling promotion & he commented about it’s status. Jarrett said at a sports convention appearance that his new promotion is a go & talked about the idea of doing a Tuesday night TV show.
It was also made clear that his new promotion will be financed by Nashville music investors & most people believe that his main investor is Toby Keith.
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.
TNA announced that they have accepted Jeff Jarrett’s resignation from the company effective January 6th. TNA President Dixie Carter commented, “On behalf of TNA, we would like to thank Jeff for his contributions to the company. We wish him the very best & look forward to his continued participation as an investor in TNA Wrestling.”
TNA founder Jeff Jarrett was backstage during the Impact Wrestling tapings in St. Louis. Jarrett was involved in a production meeting & also worked in a agent role. There is a lot of talk that Jarrett is starting to be more involved in the week to week operations of TNA again.
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