According to the Wrestling Observer, TNA Wrestling has ended it's developmental partnership with Ohio Valley Wrestling as ended as of today. The partnership was put together over a year ago by former TNA Talent Relations head Bruce Prichard. Prichard left the company earlier this year, and this is said to be a major reason the partnership dissolved. The purpose of the deal was to develop future TNA wrestlers for the main roster on Spike TV's 'IMPACT' and pay per view events.
TNA will now focus their developmental efforts at their home base of Universal Studios in Orlando, Florida where they are also returning to do a series of TV taping events later this month.
TNA continues to be in a big transitional process with the company losing millions this year on road tapings of IMPACT and several notable talents including Hulk Hogan leaving the company under financial constraints.
Add to this recent news that TNA Wrestling may possibly be up for sale by it's parent company Panda Energy, which is owned by the Carter family.