Billy Corgan to purchase NWA

[TKO18]

Former TNA Wrestling President and Smashing Pumpkins frontman Billy Corgan has agreed to purchase the historic National Wrestling Alliance. Corgan has a deal that would see him purchase the NWA name, rights, trademarks as well as rights and possession of the legendary NWA title belt.

No word yet on when Corgan will begin running the company or what he has in store for the various NWA member promotions, or the NWA On Demand streaming service, but we will keep you updated.

Source: PWInsider

[TheWarzone1]

Isn't nwa like the original wrestling promotion? I feel like all the major wrestling companies have branched off of them at some point

[TKO18]

no idea on that one. they prob still have a few minor companies under them

[TKO18]

According to a new report by PWInsider.com, Billy Corgan has now officially signed an agreement to purchase the NWA (National Wrestling Alliance) from Bruce Thrape.

As reported back on May 1, Thrape announced that the NWA had an “agreement in principle” for Corgan to acquire the NWA with little details known at the time.

Mike Johnson reports that this new agreement will see Corgan purchase the name, rights and trademarks for the NWA along with all possession rights for the NWA Championship. The deal will also reportedly include Tharpe’s role with the NWA’s Video On Demand service along with the Paul Boesch wrestling library, opening another big potential to the purchase.