According to The Wrestling Observer, both James Storm and Magnus will be finishing up with TNA at Slammiversary as their TNA contracts are expiring, and Magnus is expected to work for Global Force Wrestling following his TNA departure.
It’s being said Magnus is not actually signing with GFW, but has agreed to work the promotion’s first set of TV tapings on July 24th in Las Vegas. The move is said to be business related, and amicable on both sides.
With regards to James Storm, he has been talking about leaving TNA for awhile now, and his deal expires on Tuesday so his last date will be tomorrow’s PPV.
There is a lot of speculation that the releases of Magnus and James Storm will be part of some type of invasion angle with GFW and TNA, and at this point the release of Low Ki looks to be legit, while anything is possible with Magnus and Storm.