Billy Corgan's NWA

Though things have been a little stagnant in the WWE things have begun to change very much in recent months for companies outside of the WWE on the Indies. Including the oldest governing body in wrestling the National Wrestling Alliance which has been recently purchased by Billy Corgan. The former Smashing Pumkins front man and TNA Wrestling President had agreed in principle to purchase the all things NWA which include the name, right, trademarks to the NWA as well as the right and possession of the NWA championship belt. 

Now for those who don't know about the NWA or haven't heard anything about the brand in recent years well let me elaborate. Under Bruce Tharpe's leadership the NWA changed from a group that allowed members to join to a promotion that instead licensed the NWA letters out to those willing to pay to use them. Over the years since Tharpe took over the company the NWA have redeveloped the brand overseas in Japan to the point that the NWA actually matters again in Japan. 

This isn't the first trip into the wrestling business for Corgan as he was one of the men behind the Chicago based Revolution Pro-Wrestling. At this time it is still unclear what part Corgan will play in the near future for the NWA, but one thing is for certain and that is Billy did find his way into the wrestling business just like he said he would.