That Sports Illustrated guy is basically a mouthpiece for The Hardys so any column of his about TNA/GWF is automatically sketchy.
The story is that Jarrett is a drunk and he has been forced out until he deals with it. All the stuff about the company being sold is the SI guy pulling stuff from his butt and his source is probably Reby Hardy.
And I swear this is probably the 9 millionth thread here where dudes who don't watch, never watched and don't plan on watching TNA/GWF start getting all excited at the idea of the company going out of business and WWE scooping up TNA wrestlers and every time nothing comes of it.
This company is still going to be chugging along this time next year when another story about how its all over gets the same people super excited.
TNA/GWF is the mighty cockroach of pro wrestling; it will outlast all of us.