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Jeff Jarrett Making "Good Progress" With New Project

Jeff Jarrett remains active scouting talent both domestically and internationally for a proposed new pro wrestling promotion that is being financed by a group headed by country music star Toby Keith.

Our friend Josh Stewart of Newsday got the following quote from Jarrett but no confirmation on anything:

“I can tell you I'm making good progress, so, stay tuned!”

Plans for the project have been incredibly quiet. We first heard on Christmas Eve 2013 that the fear within TNA Wrestling was Jarrett was looking to start a new promotion with the Toby Keith group, the group that was interested in purchasing TNA Wrestling.

You can read our initial report from Christmas Eve at this link. For insider information on the Toby Keith group looking to purchase TNA, you can read that story at this link.

We're told this was the "only offer TNA had" for a potential buyer and there is significant funding behind this group. The aspirations have been described as very big, with them not only looking to sign top talent [for a proposed new promotion] but that they're pursuing a national TV deal in the US as well.

">@RealJeffJarrett told

.@RealJeffJarrett told @JoshNASCARWWE he was "making good progress" but wouldn't confirm anything. Let's recap what I've been told.

— Richard Gray (@wnwdotcom) January 31, 2014

">@JoshNASCARWWE he was "making good progress" but wouldn't confirm anything. Let's recap what I've been told.

— Richard Gray (@wnwdotcom) January 31, 2014

">@RealJeffJarrett's TNA departure made rounds on Christmas Eve, the fear was he and

When word of @RealJeffJarrett's TNA departure made rounds on Christmas Eve, the fear was he and @TobyKeithMusic were going out on their own

— Richard Gray (@wnwdotcom) January 31, 2014

">@TobyKeithMusic were going out on their own

— Richard Gray (@wnwdotcom) January 31, 2014

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