WrestleZone exclusively confirmed last night that the startup group headed by Milton Wilpon is putting together a wrestlers’ Board of Directors, and that Sean "X-Pac" Waltman is one of the wrestlers who has been told he will be on the Board.
The group has been the subject of mass speculation, from the stories of being put together by little-known Florida independent wrestler Sean "Davis" Pascoe to approaching Paul Heyman to run the group (he apparently had no interest), to the latest rumor that ROH and Dragon Gate syndicator Ken Gelman is heading the company or at least on board to distribute their pay per views.
There are several names being floated around by management, which insists everyone sign Non-Disclosure-Forms, and one of the names management keeps telling people is involved is a current featured performer in TNA. Until WrestleZone has absolute confirmation of this person’s involvement, we will keep his name private for legal reasons.
Vader has been confirmed as being signed by the group in order to "run Japanese operations" according to someone with knowledge of the deal, although like everyone else Vader (Leon White) is not scheduled to receive any money before October.
The Wilpon Family has a long and storied association with Sterling Equities, which has a sizable ownership of The New York Mets Major League Baseball team, but Milton Wilpon is not listed anywhere on the Sterling Equities website.
Milton Wilpon is the President and CEO of Media Pharmaceuticals, and has a bio listed on their website: http://medixinternational.com/