WARNING: We have detected your browser is out of date. For both performance, security and a better web experience you should keep up to date to avoid viruses, malware, hijacking and stay on top of compatibility features.
 

WNS Mobile

RSS Feed

Billy Corgan Finalizes A Deal To Purchase The National Wrestling Alliance

Posted By: Dustin Frisch on May 01, 2017

Billy Corgan Finalizes A Deal To Purchase The  National Wrestling Alliance

The Smashing Pumpkins front man and former TNA Wrestling President Billy Corgan has agreed in principle to go all out and purchase the National Wrestling Alliance, PWInsider.com reports with multiple sources on hand.  The deal in place would see Corgan purchase everything from the name, rights, trademarks to the NWA as well as the rights and possession of the NWA championship belt.

For people who do not recall the NWA, below is a tidbit from the PWInsider report:

Formed in 1948, at one point the National Wrestling Alliance was the largest and most well known governing body in professional wrestling, a group put together by promoters to share one World champion and help share talent and protect each other's interests.  The NWA Board of Directors would control who the shared World champion was and winning the belt was legitimately a feat in itself, because the champion was chosen for legitimate toughness, drawing power and the ability to enter member areas and help spark their business. 

For decades, the NWA champion was considered the most important champion in the business, often touring and traveling the world to defend the belt in member promotions.    For older fans, the NWA championship was the belt in professional wrestling and was the measuring stick for greatness and what defined old school professional wrestling.

By the late 1980s, many of the members had gone out of business or been neutralized as Vince McMahon took the then-WWF national, helping to effectively destroy the territory system that the NWA flourished under.   As the dust of WWF's expansion settled, the last true bastion of the old NWA was Jim Crockett Promotions, who waged a war against the WWF, empowered by names like Sting, Ric Flair, The Road Warriors and Dusty Rhodes.  In the end, financial issues forced the Crockett family to sell to Ted Turner's Turner Broadcasting, who's TBS Superstation broadcast Crockett Promotional.  While the NWA name was still utilized, Turner had not actually purchased the NWA itself, just Crockett's promotion. 

No one knows what Corgan’s ownership could mean for the all the current NWA member promotions and what this means for the NWA On-Demand Video service..

Source: PWInsider

.: Join our NEW Wrestling Forum :. 
««« WNS Forum »»»

Tags: #national wrestling alliance #billy corgan
https://wrestlr.me/46324/  
Adding comments is disabled due to age of article.
 

» More News From This Feed

Nov 16
Dustin Rhodes to Serve as Guest Commentator on AEW Dark
All Elite Wrestling star Dustin Rhodes posted the following on Twitter: Tuesday night catch me on #AEWDark as I am guest commentator. Y'all let me know how I did. Great exciting show. My personal p[...]
Nov 16 - All Elite Wrestling star Dustin Rhodes posted the following on Twitter: Tuesday night catch me on #AEWDark as I am guest commentator. Y'all let me know how I did. Great exciting show. My personal p[...]
Nov 16
WWE 2K Facebook Page Issues Apology Over Posts Made During Hack
As was previously reported, the WWE 2K Facebook page was recently hacked and inappropriate posts were sent out on the page. 2K has since regained control of the page and issued an apology for the post[...]
Nov 16 - As was previously reported, the WWE 2K Facebook page was recently hacked and inappropriate posts were sent out on the page. 2K has since regained control of the page and issued an apology for the post[...]
Nov 16
WWE 205 Live/NXT Superstar Requests His Release
According to a report from PWInsider.com, WWE Superstar Oney Lorcan has requested his release from WWE. There are no details as to why exactly he has requested his release, although it should be note[...]
Nov 16 - According to a report from PWInsider.com, WWE Superstar Oney Lorcan has requested his release from WWE. There are no details as to why exactly he has requested his release, although it should be note[...]
Nov 16
WWE Friday Night SmackDown Draws Lowest Rating Since Moving to FOX
This week's episode of WWE Friday Night SmackDown on FOX drew an average of 2.35 million viewers, according to F4WOnline.com/The Wrestling Observer Newsletter. The first hour drew 2.445 mill[...]
Nov 16 - This week's episode of WWE Friday Night SmackDown on FOX drew an average of 2.35 million viewers, according to F4WOnline.com/The Wrestling Observer Newsletter. The first hour drew 2.445 mill[...]
Nov 16
Bobby Lashley On Which WWE Superstars Could Transition Into MMA
Many don't realize that Bobby Lashley is still signed with Bellator MMA despite being a part of WWE currently.  Lashley is 15-2 in his MMA career with his last fight in October 2016. He's made t[...]
Nov 16 - Many don't realize that Bobby Lashley is still signed with Bellator MMA despite being a part of WWE currently.  Lashley is 15-2 in his MMA career with his last fight in October 2016. He's made t[...]
Nov 16
WWE Officially Announces NXT UK TakeOver Blackpool II
WWE officially announced the event on Twitter today, also noting it will again take place in The Empress Ballroom and tickets will go on sale this Monday at 10 am GMT (5 am ET). Since the news broke,[...]
Nov 16 - WWE officially announced the event on Twitter today, also noting it will again take place in The Empress Ballroom and tickets will go on sale this Monday at 10 am GMT (5 am ET). Since the news broke,[...]
Nov 16
Jim Ross On Ric Flair Being The Best Wingman In Pro Wrestling
JR recently spoke with WFNZ/RADIO.COM about a variety of subjects. At one point, he was asked who the best wingman was in all of pro wrestling, and without any hesitation he stated Ric Flair. [...]
Nov 16 - JR recently spoke with WFNZ/RADIO.COM about a variety of subjects. At one point, he was asked who the best wingman was in all of pro wrestling, and without any hesitation he stated Ric Flair. [...]
Nov 16
Santana And Ortiz Promo Video On Why They're Going After The Young Bucks
At last Saturday's Full Gear PPV, Santana and Ortiz defeated The Young Bucks, then followed that up with a brawl that went all over the arena on last Wednesday's AEW[...]
Nov 16 - At last Saturday's Full Gear PPV, Santana and Ortiz defeated The Young Bucks, then followed that up with a brawl that went all over the arena on last Wednesday's AEW[...]
Nov 16
WWE Untold: Sting And Other Content Coming Soon To WWE Network
WWE Untold: Sting's Last Stand, WWE Day Of: The 2019 WWE Draft, and a new episode of WWE Ride Along are all headed to the WWE Network, according to WWE Network News. WWE[...]
Nov 16 - WWE Untold: Sting's Last Stand, WWE Day Of: The 2019 WWE Draft, and a new episode of WWE Ride Along are all headed to the WWE Network, according to WWE Network News. WWE[...]
Nov 16
Actor Paul Walter Hauser On Kenny Omega Vs Jon Moxley Match
Actor and wrestling fan Paul Walter Hauser talked about the Omega vs Moxley match when he spoke to WrestlingInc on their podcast. The main event of Full Gear saw Jon Moxley defeat[...]
Nov 16 - Actor and wrestling fan Paul Walter Hauser talked about the Omega vs Moxley match when he spoke to WrestlingInc on their podcast. The main event of Full Gear saw Jon Moxley defeat[...]
Nov 16
AEW Announces Rey Fenix Vs Nick Jackson For Next Dynamite Episode
AEW has announced a "Dream Match" for next Wednesday's Dynamite episode - Nick Jackson vs. Rey Fenix. AEW Executive Vice President Nick Jackson announced that his brother, Matt Ja[...]
Nov 16 - AEW has announced a "Dream Match" for next Wednesday's Dynamite episode - Nick Jackson vs. Rey Fenix. AEW Executive Vice President Nick Jackson announced that his brother, Matt Ja[...]
Nov 16
The Fiend Vs Braun Strowman To Headline Starrcade Live Event
The Infinite Energy Center in Duluth, Georgia has announced a new main event for the upcoming 2019 WWE Starrcade live event, which will take place on Sunday, December 1st. The event will be head[...]
Nov 16 - The Infinite Energy Center in Duluth, Georgia has announced a new main event for the upcoming 2019 WWE Starrcade live event, which will take place on Sunday, December 1st. The event will be head[...]
Nov 16
2K Games Issues Statement Regarding Ongoing Hacking
As previously reported, a hacker commenced a cyber attack Friday night on some of the social media accounts of 2K Games, including WWE 2K. As part of the attack, the hacker posted material of both a s[...]
Nov 16 - As previously reported, a hacker commenced a cyber attack Friday night on some of the social media accounts of 2K Games, including WWE 2K. As part of the attack, the hacker posted material of both a s[...]
Nov 16
WWE Tried To Help ACH With His Issues
Earlier this week ACH aka Jordan Myles announced he was quitting WWE. His decision to quit comes weeks after the company released a shirt that was deemed racially insensitive. ACH then vented his frus[...]
Nov 16 - Earlier this week ACH aka Jordan Myles announced he was quitting WWE. His decision to quit comes weeks after the company released a shirt that was deemed racially insensitive. ACH then vented his frus[...]
Nov 16
Jacob Fatu Signs New Deal With MLW
MLW announced that World Heavyweight Champion Jacob Fatu has signed a new multi-year contract with the company.  According to PWInsider, as part of the new deal MLW will have control over bookin[...]
Nov 16 - MLW announced that World Heavyweight Champion Jacob Fatu has signed a new multi-year contract with the company.  According to PWInsider, as part of the new deal MLW will have control over bookin[...]
Nov 16
New Matches Announced For WWE Madison Square Garden Show
WWE will make their return to Madison Square Garden on December 26th, and new matches were just announced for the house show.  Here’s what fans can expect at the event:  Seth Rollins[...]
Nov 16 - WWE will make their return to Madison Square Garden on December 26th, and new matches were just announced for the house show.  Here’s what fans can expect at the event:  Seth Rollins[...]
Nov 15
WWE To Start Granting Releases
Earlier this week, WWE star Sin Cara announced on Twitter that he was asking for his release from the company. Sin Cara is just one of may WWE wrestlers who’ve expressed frustration with the com[...]
Nov 15 - Earlier this week, WWE star Sin Cara announced on Twitter that he was asking for his release from the company. Sin Cara is just one of may WWE wrestlers who’ve expressed frustration with the com[...]
Nov 15
WWE SmackDown Results (11/15), Philadelphia, Pennsylvania
Courtesy of WrestlingObserver.com, here are tonight's Friday Night SmackDown results: The build to Survivor Series continues as Friday Night SmackDown takes place from the Wells Fargo Center in Phila[...]
Nov 15 - Courtesy of WrestlingObserver.com, here are tonight's Friday Night SmackDown results: The build to Survivor Series continues as Friday Night SmackDown takes place from the Wells Fargo Center in Phila[...]
Nov 15
Official WWE 2K Facebook Page Hacked, Inappropriate Messages Posted
Tonight on Facebook you may have noticed something up with the official WWE 2K page. It seemingly has been hacked with the hacker putting out a number of inappropriate posts, such as "WWE IS FAKE", r[...]
Nov 15 - Tonight on Facebook you may have noticed something up with the official WWE 2K page. It seemingly has been hacked with the hacker putting out a number of inappropriate posts, such as "WWE IS FAKE", r[...]
Nov 15
A New Match Announced For Wednesday’s AEW Dynamite From Indianapolis
Nick Jackson will be competing in a singles match against the Lucha Bros Rey Fenix on this Wednesday's AEW Dynamite in Indianapolis. His brother, Matt Jackson has not been cleared to compete due to l[...]
Nov 15 - Nick Jackson will be competing in a singles match against the Lucha Bros Rey Fenix on this Wednesday's AEW Dynamite in Indianapolis. His brother, Matt Jackson has not been cleared to compete due to l[...]
Nov 15
NXT Wrestler Boa Recently Underwent Shoulder Surgery
WWE NXT Superstar Boa has revealed on social media that he recently underwent surgery this week to repair an injured shoulder. Boa dropped posted on Instagram: “What did happen was 3Weeks ag[...]
Nov 15 - WWE NXT Superstar Boa has revealed on social media that he recently underwent surgery this week to repair an injured shoulder. Boa dropped posted on Instagram: “What did happen was 3Weeks ag[...]
Nov 15
Another WWE Title Belt Receiving A New Look
WWE on Friday's SmackDown revealed a new design for Bray Wyatt’s Universal Championship. The belt changed from red to blue, it made sense considering Wyatt is a SmackDown exclusive. @WrestleVot[...]
Nov 15 - WWE on Friday's SmackDown revealed a new design for Bray Wyatt’s Universal Championship. The belt changed from red to blue, it made sense considering Wyatt is a SmackDown exclusive. @WrestleVot[...]
Nov 15
Bray Wyatt Reveals New WWE Universal Title Belt
The WWE Universal Title is now BLUE! “The Fiend” Bray Wyatt hosted a special edition of Firefly Fun House on tonight’s SmackDown on FOX and revealed the new look title belt. The de[...]
Nov 15 - The WWE Universal Title is now BLUE! “The Fiend” Bray Wyatt hosted a special edition of Firefly Fun House on tonight’s SmackDown on FOX and revealed the new look title belt. The de[...]
Nov 15
Another Spoiler For Tonight's WWE SmackDown
The NXT invasion looks set to continue tonight on WWE Friday Night SmackDown in Philadelphia, PA. PWInsider reported earlier that all four members of The Undisputed Era are backstage tonight's SmackD[...]
Nov 15 - The NXT invasion looks set to continue tonight on WWE Friday Night SmackDown in Philadelphia, PA. PWInsider reported earlier that all four members of The Undisputed Era are backstage tonight's SmackD[...]
Nov 15
Brian Kendrick Announces 'Indefinite Leave Of Absence' From WWE
Brian Kendrick has announced on Twitter he will be taking a leave of absence from the ring due to frustrations with his current role within the company. He tweeted: "It’s been 3 years since m[...]
Nov 15 - Brian Kendrick has announced on Twitter he will be taking a leave of absence from the ring due to frustrations with his current role within the company. He tweeted: "It’s been 3 years since m[...]

© 2006-2019 wrestlingnewssource.com

All rights reserved. All other trademarks, logos, video, likeness and copyrights are the property of their respective owners.
Terms of Service · Privacy Policy · Π