Familiar Face Set to Become TNA’s New Minority Owner

Smashing Pumpkins frontman and TNA’s Senior Producer of Creative & Talent Development Billy Corgan is set to be TNA’s new minority owner.

Corgan started working with the company in April 2015 but is now moving into a new role with the company after purchasing a minority stake in the company. PWInsider notes that some sources say the deal is done while another says it’s moving in that direction but not 100% complete.

Dixie Carter will retain majority ownership, something that she did not want to budge on during negotiations.

Possible AJ Styles Title Plans, Major Tag Team Division Changes Coming?, WWE Ribbing Top Stars on TV, Vince McMahon Wants Famous Star, Title Plans for John Cena, Major WWE Plans for Kevin Owens and Big Cass, Alberto Del Rio and Paige Drama on WWE TV?, Heat on WWE Tag Team, Vince McMahon Tired of Roman Reigns’ Push?, Major AJ Styles Concern, Velvet Sky to WWE?, Heat Between HHH and Top WWE Star, Shane McMahon – WWE Creative, Backstage Big Cass and Vince McMahon Story, WWE Star Saves Career Backstage, Must See New Lana & AJ Lee & Maryse, Lots of New GIFs & Exclusives, More