As noted yesterday here on the website, WWE is currently trying to sign Jeff Hardy to a new WWE contract. Jeff's current contract is set to expire in the next 2-4 months.

Hardy has not been receptive to the long-term deals that the company has offered him, and in a rare move, WWE offered Hardy a one-year deal with the hopes of signing him to that, and then working on a longer-term contract.

It is due to the current contract situation that the feud with Matt Hardy has been booked the way it has, with Matt winning. It is also why Matt was moved to Raw.

The feeling is that Jeff isn't looking to go to another company, but more that he just wants to live his life on his own terms. TNA sources have claimed to have no contact with Hardy.