In an update on the WWE’s purchase of Bill Watts’ video library, which is the largest library of wrestling content known to still be available prior to it’s purchase, a report from Mike Johnson of PWInsider.com notes that the company are finaliing the contract on the purchase of the Watts video library and will take possession of the content as of next week with UniversalWrestling.com, who had been selling the library online, taking their last orders for the library on June 16th.