According to the Wrestling Observer Newsletter, although Toby Keith is the main backer behind Jeff Jarrett’s new wrestling promotion, it is likely that the company will be financed by a group of investors. Toby Keith is said to be worth $500 million.

Jeff Jarrett made an appearance at a sports convention on February 22nd in Nashville and said that his new promotion is a “go” and that he’s hoping to do a Tuesday night show.

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