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JBL Clears OVW Business

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jbl1JBL has posted the following on WWE Universe, saying that he is mainly sponsoring OVW and not buying the company.

He is what he wrote:

I want to be clear about OVW, Danny Davis is the owner-I am not buying OVW nor any interest in OVW. Layfield Energy is merely taking over as his main sponsor and advertiser. I see an opportunity to advertise our products and grow our distribution in Kentucky.

I wouldn’t have done this if it weren’t for Danny, but I think it is a good marketing vehicle for Layfield Energy. So I want to be clear, I am not in the wrestling business other than as a sponsor and that money will be able to keep OVW going on TV-which I am very happy and proud to do.

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