Source – Wrestling Observer Newsletter
As we previously reported WWE champion John Cena signed an endorsement deal with Gillette, which includes him appearing on the new ABC reality show “Fast Cars and Superstars.” The champion is also lined up for a big commercial deal where he will be promoting Gillette Fusion razors.
WWE bought out 50% of Jim Cornette’s ownership in Ohio Valley Wrestling. The deal was finalized last Tuesday making Danny Davis the new majority owner of the promotion. Cornette has had nothing to do with the promotion since he joined TNA and since the organization wasn’t turning a profit, his stock wasn’t worth keeping.