During an appearance on Talk is Jericho, Billy Corgan discussed his purchase of the NWA in 2017…
“I’m proud to carry the mantle of the business in this way. It’s a very specific thing, and of course, the business is far different than it was in the heyday of the NWA. There’s no pretend there. When I bought the NWA and that was coming out of the whole situation with TNA and the debacle and lawsuits, and there was a lot of kind of public acrimony there. And then I purchased NWA. Crazily enough, it was owned by one person. It was so devalued. He tried to sell it to everybody. Nobody wanted it, as far as I know. He certainly offered it to WWE. They thought it was so worthless that they didn’t even just buy it just to take it off the market. Then when I bought it, Jim Cornette and other people, and I loved Jim. ‘What the hell did he buy? He might as well have bought air. He bought three worthless letters.’ A lot of that type of stuff and certainly I sat around at one point and thought, ‘Well, if I started, Billy Corgan Wrestling or SP Wrestling’, and I thought, no, I want the history. I’ll take that history. I’ll take that on. I like the challenge of that.”
