The Latest On Jeff Jarrett Launching A New Wrestling Promotion

The Wrestling Observer Newsletter reports that Jeff Jarrett has had meetings in various parts of the country to attempt to finalize the deal to launch a new wrestling company with country star Toby Keith as the financial backer.

Jarrett appears confident at this point that a new company will be formed, and the possibility of Keith purchasing fledgling TNA is minimum, as discussions has hit a snag. Reportedly, TNA had been attempting to sell the company to Keith. It was TNA that went to Norman, Oklahoma to sell the company to Keith, not him coming to Texas looking to buy, so Janice Carter’s letter that she sent talent was not the case at all.