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. They also worked with NJPW from time to time. This purchase is Corgan’s first move back into pro wrestling since his failed bid to purchase TNA Wrestling, which led to a court battle between the two sides
Corgan has teased getting into wrestling for years, almost buying into ECW in the late 90’s, and later worked with Chicago’s Revolution Pro in creative role and acquiring a deal to bring that promotion to AMC as part of a reality series before AMC opted to shut down its reality TV end.
Opinionated View- CUE THE JOKER LAUGH!