PWInsider has learned that front man for Smashing Pumpkins and former President of TNA Billy Corgan has agreed to purchase the National Wrestling Alliance. The deal would secure for Corgan the NWA name, rights, trademarks and also rights and possession of the legendary promotion’s championship belt.

There is still much that is unknown at this stage, such as what this will mean for NWA member promotions, what will happen with the NWA On Demand video service, and what Corgan’s gameplan is.

Corgan, who not too long ago was outed from his presidency at TNA after a bona fide debacle, has evidently not let those past woes dampen his desire to be involved in the wrestling business.

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