WWE Didn’t Buying The NWA Because They Thought It Was Worthless

Billy Corgan know owns the NWA and the company is finding their feet after closing down throughout the pandemic. The decision to keep the company closed was the only thing they could do at the time, but Corgan has no intentions of allowing the NWA to become a dead brand again.

While speaking to Talk Is Jericho, Billy Corgan revealed that WWE turned down an offer to buy the NWA from its previous owner. He said that nobody wanted it because it was so devalued. That is when he went for it and brought in people like Jim Cornette to get the ball rolling. Of course, Cornette’s time in the new NWA didn’t last long.

“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.”

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The NWA has already gone through a few changes since Billy Corgan opened the company once again. We’ll have to see what is in the company’s future. The NWA Women’s Title was just recently defended at AEW Double or Nothing, but then Serena Deeb lost that title to Kamille a week later at the When Our Shadows Fall pay-per-view.

Are you a fan of the NWA? Are you glad WWE didn’t but them out? Sound off in the comments!

Thanks to Wrestling Inc for the quote