With the state of the wrestling industry outside of WWE being its healthiest in a number of years, we’ve seen performers take steps to become promoters on a bigger scale, especially the recent All In event, which was a success.

According to a new report, another performer is looking to get into the other side of the business more as Brad Davis of SEScoops states that current IWGP Intercontinental Champion Chris Jericho has been working with WWE Hall Of Famer Jim Ross on a new promotion, also along with renowned agent Barry Bloom.

It’s said the project is being funded by Shahid Khan, who would be most known as the owner of the NFL’s Jacksonville Jaguars. Reportedly, Ross’ WWE deal is set to expire and he has declined re-signing while also putting out feelers to WWE talent on the project. Meanwhile, Jericho has been doing the same while Bloom has been in Japan taking meetings for the project. It’s also being said Shahid’s son, Tony has been “hands on” with the project.

As far as talent, the report states that Cody Rhodes, The Young Bucks, Hangman Page and others are on board, adding that this new promotion is what the group has been teasing on Being The Elite. When it comes to finances, reportedly all parties are aware that they will be spending a lot and fast, alluding that this is a long-term investment.

Lastly, AXS TV is said to likely be on board with the project as it’s being said talks are already underway as AXS executive Adam Swift “is fast tracking this”. Apparently, so much so that there’s already an estimated date to go live in late-2019 or early-2020 all while Sinclair Broadcasting is being “left in the dark”. Davis notes that all parties have been reached out to, however there has been no comment. Check it out here.

EA’s Take: If this happens to be true (and I do emphasize IF), it would be a big blow to WWE, Ring Of Honor and New Japan Pro Wrestling. I can’t imagine any of those promotions would be happy with it. A lot of people would look at it as a golden opportunity to open the playing field even wider though and I can’t say I’d disagree with them. I will say it’s good the report notes that all parties would be aware it’s a long-term investment because you have to be in it for the long haul. What do you guys think? Do you buy it?

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