It may not have anything to do with his "really cool" announcement, but WWE is either close to a deal or has already signed Jonathan Coachman to a new part-time contract. This would let Coach continue to work with ESPN but do part-time studio work for WWE. One idea is to have Coach host a talk show for the WWE Network.
Credit: The Wrestling Observer via Wrestlezone
Read more at http://www.411mania.com/wrestling/news/317670/WWE-Close-To-Reaching-Deal-With-Jonathan-Coachman-For-Return.htm#rPfg2SlA6v3vo1cI.99