The announcement came by way of a press release from SB Nation.
Global Force Wrestling, which will be run by Jarrett and his wife Karen, is going to attempt to make a run at being the No. 2 wrestling promotion in the United States behind WWE. That title currently belongs with the other promotion that Jarrett helped found, TNA Wrestling.
No mention of co-owners, television agreements or company talent was announced in the release. However, the announcement ended with the notion that more announcements are expected in the coming weeks.
You can read the entire release below:
JARRETTS UNVEIL NEW WRESTLING PROMOTION: JOIN THE FORCE!
NASHVILLE — After weeks of speculation and unprecedented internet buzz surrounding the hashtag #ItsComing … IT IS HERE!
Legendary performer and third-generation promoter Jeff Jarrett and his wife, Karen, are set to unveil Global Force Wrestling (GlobalForceWrestling.com), which promises to be the most fan-interactive and immersive wrestling experience in history.
“Because of new media, new technology and more ‘in-tune’ fans than we’ve ever had, wrestling is poised for another boom like it experienced in the mid-1980s and late 1990s,” Jeff Jarrett said. “What we’re going to deliver is a multi-platform, innovative brand that will engage fans in ways they’ve never experienced. It will provide a fresh perspective inside the business that fans have been clamoring for.”
Jarrett, the founder of TNA wrestling and a 12-time world champion who wrestled in WWE, WCW and numerous international promotions, and his wife, Karen, have been laying the foundation for GFW since January 2014.
“Jeff was born into this business,” Karen Jarrett said. “It’s his life’s passion. He saw a unique opportunity to fill a need in professional wrestling, and he has tirelessly devoted himself physically, mentally and emotionally to doing just that.”
Videos of the Jarretts previewing the new promotion attached to the hashtag #ItsComing have garnered more than a million views. Meanwhile, Jeff and Karen have been searching the United States and the international ranks in search of undiscovered talent. The response has been overwhelming, with more than 400 performers from across the globe already in the evolving GFW talent database.
“The reality is we want to build a brand in which fans are watching our wrestlers evolve from day one and are truly invested in the lives of our talent in and out of the ring,” Jarrett said.
Global Force Wrestling expects to make several more key announcements in the coming weeks. Stay tuned.