Billy Corgan Addresses the Future of the NWA

Earlier yesterday, Billy Corgan took to Instagram and Twitter to address the recent rumors begun by former WWE superstar Raven.  In an interview, Raven said that he thought Billy would pull the plug on the NWA.  Here’s what Corgan had to say:

A quick note about the National Wrestling Alliance, which I fought for, and won ownership of a few years back.  We are NOT shutting down.  So please disregard any and all rumor to effect.  The @NWA is not and will not be for sale, and those talent who are under contract remain under contract for a reason:  which is that we at the NWA are trying to figure out a way to provide our great fans with wrestling content in a very, very tough environment.  And, most importantly, keep our talent safe and the standard of production you’ve come to expect from us at a high level.  Anything less, in my opinion, is unacceptable.  So yes, appreciate the interest, appreciate the chatter, but don’t appreciate the unsourced rumors and speculation.

The rumors of NWA’s impending demise didn’t exactly come from nowhere.  Not long ago, Ricky Starks signed to AEW.  Thunder Rosa is starting up an all-women’s wrestling promotion (not sure if that means she’s actually left NWA), and Zicky Dice has also departed the NWA.


Botch Take:  Solves that!  ‘Course, their real problem that important talent has left.  This has been a very difficult time for everyone and especially for indie promotions that can’t run.  It’s quite likely that if this drags on further, other deals will lapse and talent won’t re-sign.  NWA wasn’t able to get a TV deal (they did try) so they run on YouTube so I’m not sure what revenue streams they have other than selling merch.  While I’m not really a fan (I did a review of the first show earlier which you can read [here] and only tuned in sporadically after that to see if things had improved), there are people who are on their payroll and I certainly don’t want to see anyone on the unemployment line so if only for that reason, I’m glad Corgan has decided to go on.