In this week's new subscriber only Wrestling Observer Newsletter, Dave Meltzer had tons of gossip about the new wrestling promotion that Jeff Jarrett and Toby Keith are currently trying to set up, which little concrete information is known about so far, and how that will affect TNA going forward.

Late last year, TNA was almost sold to Toby Keith, but the deal was nixed when owner Bob Carter insisted that as a prerequisite to the sale that his daughter Dixie Carter would need to remain as President of TNA Wrestling, continue to have some power in the organization and maintain her presence as a wrestling character on TNA Impact.

Shortly thereafter, Jeff Jarrett resigned from TNA and since then he has been using social media to build an underground buzz for his latest wrestling project, teasing that he will make a major announcement about it on April 7th, the day after WrestleMania 30.

So what might that proclamation entail and how could it change the wrestling industry? Meltzer had the scoop: