In a statement from Foley's agency, the Gillespie Agency, they've announced that Foley has signed a short term deal with the company and will debut as soon as possible, most likely at a PPV.
Now yes, Mick Foley is past his prime. But like Sabu and Terry Funk, he's also a guy who's willing to get the absolute shit beaten out of him in the name of sports entertainment. But regardless, his agreement to sign with TNA is momumental. Foley is a guy whose childhood dream was to work for the WWF and who spent the last 12 years of his life promoting them whenever possible. He was the consummate company man. For him to walk out on Vince, who always would have found room for him somewhere, and sign with TNA is a huge deal.
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