This is 100% unconfirmed rumor, but too juicy to skip over. Mick Foley is heading to TNA when his WWE contract expires on September 1, 2008, a close friend of Foley’s told The Sun. Foley confirmed a few days ago that he is unlikely to renew his WWE contract, and that the commentator gig isn’t really working out for him, according to the Long Island Press.

Jumping to TNA will be a win-win move for Mick Foley and WWE’s struggling competitor. Just lending his name to the TNA brand will be reason enough for longtime Foley fans to tune in, and will help legitimize TNA with wrestling viewers who still perceive it as a second-tier promotion.

What does Mick Foley stand to gain? TNA offers a significantly reduced travel schedule, one I’m sure Foley can negotiate down to just a few appearances a month. And of course, it’s likely that TNA will dig deep into their pockets to snag a legend like Foley.

Less travel, a lighter schedule, and decent money, plus more opportunities to do independent appearances without the clearance of WWE management? Sounds like a no-brainer for a 43-year-old guy with a wife and kids. Let’s hope the rumor mill churned out a bit of truth this time.