Jeff Hardy is giving the impression to friends that he will re-sign with WWE before his contract expires this summer. He's said to be burned out with the schedule and additional time off will likely be something he requests in contract negotiations.
In related news, Hardy has had talks with MTV regarding a reality television project. It's said to be tied to "The Hardy Show" that he and his brother produce together online. The MTV talks are simply at the discussion level, but Jeff is said to be very excited about the idea of having his a reality show on the network.
source: prowrestling.net

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