The latest on Jeff Hardy, according to Dave Meltzer on his subscriber only March 18th Wrestling Observer Radio Show, is:

The reason why TNA management were caught so flat footed by Jeff Hardy's condition was because he turned up to the show "fine enough" (by his standards), was sober enough to work out the whole match with Sting, then after the show had already started "whatever happened happened". Which means he must have gotten wasted while the show was going on.

They think it would be really wonderful if he went to rehab, but they realise that there is only a 1% chance that will happen.

Nevertheless, they are still making plans to bring back their most unreliable star since Scott Hall, this time as a babyface.