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Group Financed By Toby Keith Looking To Buy Into TNA Wrestling?; How Much Panda Energy Wants For Majority Control, What TNA Thought Of The Billy Corgan Rumors & How They Played A Part In A Reality Show Being Pitched To TV Networks

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TNA Wrestling

We're being told that Jeff Jarrett has been acting as a liaison for a group considered to be interested into buying into TNA Wrestling. The group, financed by country music star Toby Keith, is said to be a serious candidate to purchase majority ownership of the promotion from Panda Energy.

According to a source who spoke under the condition of anonymity, Toby Keith's camp feels the asking price, believed to be in excess of $10 million, is too high.

The rumors surrounding Bill Corgan buying the promotion were unfounded, however, we're told TNA embraced the attention they got from them. Serious consideration is being given by the Carter family about unloading the company if they are able to land a deal in the low eight figures.

While the talk over the last couple of years was that Jeff Jarrett, who is still a minority owner of TNA Wrestling, has been that he was looking to bring on a new investor, the Carter family has indeed put a price tag on majority ownership. However, unless the price comes down, a deal is unlikely to get done.

As for Corgan, he's had nothing to do with the potential purchase of TNA and is actually shopping a reality show about his own Resistance Pro wrestling promotion. We're told footage was recently shot for a pilot and that AMC was a network that was being targeted.

The media attention generated by the TNA rumors may be incorporated into the pilot and they did film segments with Corgan where he gave his thoughts on the whole thing.

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