8 Reasons Why Billy Corgan Buying TNA Is Best For Business

1. Closing Means One Less Place For Wrestlers To Work

billy corgan tna
Impact Wrestling

Whatever way you look at it, TNA closing would be objectively bad for the wrestlers. It has been argued that the company shutting down would open open new doors for current TNA wrestlers, and while that’s true for a handful, most of the company’s roster would suffer immensely.

Drew Galloway and EC3 would be prime candidates for a WWE return, and the likes of Trevor Lee, Davey Richards, and Eddie Edwards will never have trouble securing independent bookings but what would WWE’s incentive be to match Drew & EC3’s current terms? Why would The Wolves want to go back to the indie wrestling grind after putting-in years of hard work to secure a full-time contract in the first place?

TNA’s pre-taped shows offers its employees an incredibly easy schedule. Their full-time performers need only work for the company a couple of times each month, and while most are free to perform on the indies, the lighter schedule remains a big pull for free agent talent. Yes, they’ve often struggled to pay their talent on-time, and that’s completely unacceptable, but guys like Aron Rex chose to work there for a reason.

Wrestlers like Rex and Cody Rhodes have only just left WWE, while Baron Dax and Basile Baraka are fresh out of NXT. For these men, there is no immediate pathway back to the wrestling mainstream. If TNA closes, where are their “exciting new opportunities?”

Ultimately, TNA closing down means one less place for wrestlers to work, and one less way for them to make a living. Corgan’s investment will prevent this from happening, and ideally end the late paydays en route to re-establishing TNA as a credible employer away from WWE and the indies.

Channel Manager
Channel Manager

Andy has been with WhatCulture for eight years and is currently WhatCulture's Wrestling Channel Manager. A writer, presenter, and editor with 10+ years of experience in online media, he has been a sponge for all wrestling knowledge since playing an old Royal Rumble 1992 VHS to ruin in his childhood. Having previously worked for Bleacher Report, Andy specialises in short and long-form writing, video presenting, voiceover acting, and editing, all characterised by expert wrestling knowledge and commentary. Andy is as much a fan of 1985 Jim Crockett Promotions as he is present-day AEW and WWE - just don't make him choose between the two.