I spoke to a source this morning close to the situation who has confirmed the reports that talent cuts may indeed be approaching. The reason is entirely budgetary, as the source I spoke with said that Jeff Jarrett generally dislikes firing talent who are on good terms with the company. The source informed me that Glenn Gilbertti’s release was actually something that Glenn had seen coming for about 6-8 weeks, but that the real surprise was Pat Kenney’s release. Both releases were made at the request of Dixie Carter, and again they were entirely made due to cost cutting measures.
I also spoke with Glenn Gilbertti himself earlier this morning, and he informed me that he will personally be posting a response to his release exclusively here on Wrestlezone later in the day. So be sure to check back to the website often as Glenn will be providing more details on his release right here on WZ.com.