A report by PWInsider.com claimed on Wednesday that Jeff Jarrett sold his remaining shares of TNA Wrestling to Dixie Carter and Panda Energy. This means Jarrett is no longer a minority shareholder in the company and will be moving forward with Global Force Wrestling.
There has been a lot of uncertainty regarding the future of TNA behind the scenes. Their future on Destination America past this month is still uncertain and there have been rumors of a possible buyout that have reignited over recent months. Obviously with Jarrett out of the way, the Carter family could unload 100 percent of the company to a perspective buyer but I know at one time that Jarrett, along with country music singer Toby Keith, were among interested suitors. Sources have continually told me the Carter family is in favor of selling with Dixie Carter resisting such a move.
This news is unrelated to the current storyline that will see Team TNA oppose TNA Global Force Wrestling in a Lethal Lockdown match that will air on tonight’s Impact. We have taping results for that at this link.