That is not good. What the heck is TNA?
It's no rumour it's unfortunetly fact...he and the WWE couldn't reach an agreement on a new contract, he wanted a lesser schedule and more money but they wouldn't give it to him...what he does afterwards is purely speculation but I'd bet everything on the fact he'll be in TNA.
TNA is a fairly good wrestling promotion in the states, it's mainly run by former WWE star Jeff Jarrett. There no where near competing with WWE yet but I believe (if they can do things right) in just a few years they could...plus TNA pay their wrestlers quite well
if u wanna noe...check it on wikipedia..it has loads of info