The Wrestling Observer Newsletter has confirmed that WWE officials are planning a women's tournament, which will be similar to the Cruiserweight Classic. The idea is to tape in either January or March with talents from all over the world.
According to The Observer, several talents have been contacted about participating but some have been told to be ready in January while others have been told it will be March.
On a related note, I've heard recent talk of WWE doing three tournaments each year - the Cruiserweight Classic, the Dusty Rhodes Tag Team Classic and the untitled women's tournament.
Source: Wrestling Observer Newsletter
Subscribe to The Wrestling Observer by clicking here. Each issue has coverage and analysis of all the major news, plus history pieces. New subscribers can also receive free classic issues.