US Wrestling Scene News

WWE: JBL Invests In WWE’s Former Developmental Company

Current WWE star, John Bradshaw Layfield, announced through his blog that he will now be funding Ohio Valley Wrestling, WWE’s former developmental system in Louisville, Kentucky.

JBL wrote the following:

"I am the sponsor of OVW, it is true. Danny Davis is my good friend and I hate to see anyone lose their dream. Danny has mortgaged his home to make this work; I mortgaged my home for Layfield Energy. I understand passion, I understand love. I believe in the American spirit, I believe that if you want to achieve, you can.

My company is doing well, and I can promise you I don’t take one account or one customer for granted. I am going to sponsor what Danny is doing. It will be much more than just wrestling. Trust me; we are going to do some really cool things. This will unfold in the next few months, I have big plans for what we are doing.

But for now, I am funding all of OVW, because I believe in what they are doing. One day I will tell all, but for now, I will say that I am doing what is right.

I started in places like OVW; these places have to be protected. These places are sacred, and I don’t do this for nostalgia, I do it as a business decision. This is not just my BS plan to give back; I have a plan-believe me."