There are two big news.
Sources: Wwe.com/ Rajah.com
1> Dave Scherer is reporting that WWE has made the decision to bring back Extreme Championship Wrestling as a full time entity. While all of the details remain sketchy, WWE has already sent contracts out to several former ECW talents in order to bring them in for the return of the promotion. Early reports indicate that WWE is targeting September as the date to bring ECW back full time.
There is a possibility that it will take over current OVW territory and would get matches on RAW and/or SmackDown in some manner. Former ECW owner Paul Heyman and hardcore legend Tommy Dreamer will be booking ECW.
2>World Wrestling Entertainment, Inc. and former WWE Champion Brock Lesnar have mutually agreed to settle a lawsuit that has been pending over the past year in the United States District Court for the District of Connecticut.
Lesnar, who originally filed the lawsuit against WWE in February 2005 asking the court to declare his non-competition agreement unenforceable, has decided not to discuss the details of the settlement agreement due to its confidentiality.
WWE is very pleased with the outcome of the litigation, and believes that the settlement agreement appropriately protects WWE's substantial investment in Brock Lesnar's wrestling character.