Mick Foley has agreed to contractual terms with TNA, according to Wade Keller of PWTorch.com. Foley will debut with the company once he is contractually able to do so. His WWE contract expires at the end of August.

Powell's POV: TNA just taped three weeks of television, so it could be a few weeks before he debuts on Impact. However, the company has a pay-per-view event on Sept. 14, so that's at least a possibility, assuming he doesn't have a non-compete clause in his WWE deal. This is obviously a huge signing for TNA and it will be interesting to see whether the company fully utilizes his in-ring, creative, and color commentator skills.

This original source for the above news was Wade Keller of PWTorch.com.

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