The following was written by Wade Keller, PWTorch editor:

Mick Foley has agreed to terms with TNA and will debut as soon as he is contractually free to do so. His WWE contract expires within days.

Foley’s TNA deal was worked out with help from Spike TV, which may have subsidized the contract. He may end up being involved in other Spike TV projects.

Foley was dropped from WWE storylines once WWE learned that he was unhappy and likely not renewing his deal and instead interested in signing with TNA.

While there’s been a lot of buzz about Foley in the locker room among wrestlers, the management team had been quiet about it and perhaps largely out of the loop, but were hopeful Dixie Carter was getting the deal done.

This update was posted on Wednesday, August 27th, 2008 at 8:54 pm and is filed under News & Rumors. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.