J SPORTS
After the sale of World Championship Wrestling to the World Wrestling Federation and the bankruptcy of Extreme Championship Wrestling, the North American professional wrestling industry lacked a viable competitor to the WWF which Jerry and Jeff Jarrett attempted to fill with the formation of NWA:TNA. On May 9, 2002, the Jarretts announced the formation of J Sports and Entertainment (JSE), the parent company of NWA:TNA, a new professional wrestling promotion that began airing weekly pay-per-views on In Demand on June 19, 2002.