– Regarding Jeff Jarrett’s new promotion, while country music star Toby Keith is the main person behind it, it will likely be financed by a group of partners and not just with Keith’s money. At last report, Keith was worth $500 million, which is a lot more than Vince McMahon was worth before WWE stock went through the roof. When the group was looking at buying TNA, it was always described as “Nashville music investors.”
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Jarrett appeared on February 22nd at a sports convention in Nashville and didn’t say much about the new promotion except that it is “a go” and he talked about the idea of doing a Tuesday night TV show.
Source: Wrestling Observer Newsletter