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National Wrestling Alliance Has No Plans To Shut Down
Following the departure of National Wrestling Alliance Vice President Dave Lagana, the future of the company has been in limbo.
NWA owner Billy Corgan has responded to reports the company has plans to shut down, indicating he has no plans on selling the promotion, and to disregard any rumors as of late.
“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”
Quick note about the @nwa pic.twitter.com/CDzw6B3XmC
— William Patrick Corgan (@Billy) July 16, 2020
This afternoon, Fightful Select (subscription required) reported some backstage notes on the future of the company, indicating there are “no firm plans moving forward”.
The company considered NWA World Heavyweight Champion Nick Aldis to take over the role as VP, but his skill set wasn’t at the same level as Dave Lagana. NWA owner Billy Corban has reportedly known had a very active role in the company as of late.
The NWA roster were made aware of Dave Lagana’s departure from the company the same time as the public. Prior to him leaving the promotion, the company had weekly Zoom meetings. Talent were sent an e-mail advising them they are free to leave the promotion if they choose to do so.
In a recent interview with Hannibal TV, former ECW/WWE star Raven stated he heard Billy Corgan was shutting the promotion down.
When asked if he would join the NWA, Raven replied “I think Billy’s shutting it down, from what I hear,”
Raven worked in an agent capacity for Billy Corgan’s Resistance Pro Wrestling, based outside of Chicago, IL.
Dave Lagana left NWA following allegations of sexual assault from independent wrestler Liz Savage. Lagana denied the allegations, issuing a public statement.
On May 1, 2017, Billy Corgan agreed to purchase the National Wrestling Alliance, including its name, trademarks and championship belts.