In a story in the New York Post, Billy Corgan commented his goal of becoming the majority owner of TNA Impact Wrestling. Corgan noted that when Bound for Glory happens on October 2, he would love to announce that he has taken that majority ownership stake. “I would love nothing better than to stand up in front of everyone and give a clear picture of where this company is and where it’s going,” he said.
Corgan noted that the parties involved have agreed to a price, but that there are “still a lot of people at the table.” Currently Aroluxe Marketing, majority owner Dixie Carter, and Canada’s Fight Network all have ownership stakes in the company at present. WWE and Sinclair Broadcast Company (the parent company of Ring of Honor) have expressed interest as well but only in the tape library according to some industry insiders.
Bill Says: Corgan is clearly passionate about pro wrestling and wants to continue to produce new wrestling content for the company. The interest from WWE makes sense given that they now have Bobby Roode, Samoa Joe, Eric Young and AJ Styles under contract who were all former TNA talents, but I’m sure that it’s for the tape library content more than anything else. Obviously, this is a story worth keeping an eye on and we will do that.