Billy Corgan clears up NWA’s money situation and denies plans for talent cuts.

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Billy Corgan is setting the record straight. In response to recent reports indicating that the NWA was planning talent and production cuts due to a lack of sponsorship money, Corgan gave an interview to PW Insider to address the situation.

Corgan made it clear that the financial health of the NWA is actually in good shape. He emphasized that he is the sole owner of the promotion and does not have any outside investors to answer to. This means he has full control over expenses and can easily secure additional funding if needed, thanks to his successful music career and ownership of his songs and recordings.

Regarding the upcoming tapings, Corgan explained that the NWA is actually spending more money because the events are taking place outside of their usual studio location. He highlighted the need to balance quality with cost and pointed out that 2023 has been a year of significant investment for the NWA.

Addressing the rumors of talent cuts, Corgan dismissed them as completely false. He emphasized that the NWA values all its talents and is focused on ensuring they have opportunities to work within the promotion’s ecosystem. Corgan stressed that he has invested time and money into developing storylines and promoting characters, indicating his commitment to the talent.

In the full interview, Corgan elaborated on these points and provided more insight into the current state of the NWA. For more details, you can read the interview here.

As fans eagerly anticipate the NWA’s upcoming events, it’s reassuring to know that the promotion is on solid financial footing and remains committed to supporting its talent and delivering top-quality wrestling productions. With Corgan at the helm, the future looks bright for the NWA.

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