The big story making rounds in TNA Wrestling right now is the future of AJ Styles. His short-term contract extension that he signed back in August is up later this month. He worked last week's Impact Wrestling tapings and was "taken care of" in storylines. You can read how it all went down at this link.
While negotiations are likely to continue, the two sides have been unable to reach an agreement on money. This has been the case with a number of TNA contracts lately and is what resulted in Hulk Hogan's departure. No name is immune to TNA's spending cuts and they're determined to lower the rate of every contract because they do not feel that ratings or product interest hinges on one particular worker.
Another thing hurting AJ Styles' leverage is the lack of interest from WWE. While people in WWE respect Styles and his body of work, he's seen as a guy they'd have to "start from scratch on" at 36-years-old. I'm told interest would be higher if they had a firm timeline on their prospective cruiserweight show on the WWE Network. Since they do not, interest is minimal at this time.
If Styles is unable to reach an agreement with TNA, which appears to be the case, he'll seek work on the independent scene immediately and is being represented by Bill Behrens. His final match in TNA as of now will air on the January 9, 2014 episode of Impact Wrestling.