Tag: billy corgan

NWA Power results: The Dawsons vs. Eli Drake & Tim Storm

Posted on by Josiah MacDonald

The show opened with a recap of the story with Aldis and Kamille. Joe Galli opened the show informing us that he was having a third interview with Aldis this week, but that he would keep the interview focused on the next challenger for the NWA Worlds Heavyweight Championship.

Eddie Kingston came out and talked about how he was angry that the Dawsons got involved in his match, and that he was happy the NWA didn’t take away their title shot, but he wants to take out the Dawsons. He said that before he took the tag titles, he wanted the Dawsons and him and Homicide wanted them now. He said he would do it anywhere – the parking lot, their house, the ring.

Marti Belle defeated Crystal Rose

Belle opened the match with a slightly botched headscissors, and a big forearm in the corner. Belle knocked Rose down and ran at the corner, but Rose dodged and hit some stomps and forearms before kneeing Belle in the face. Belle made a come back with two clotheslines and a forearm. Belle hit a running forearm and hit a running hip to the face of Rose before hitting the Pedigree for the pinfall.

The Dawsons came out and talked about how a mystery tag team was facing them tonight.

A hype video aired for Thunder Rosa.

Aron Stevens came out and demanded that the fans listen to him and not make eye contact. He wanted to promote his new movie, Tropical Pirates. The fans chanted “Captain Morgan” as he asked to show a clip from the film. He then said, “When it comes to acting, I have more chops than Ric Flair.” This was fantastic.

Caleb Konley defeated Dan Parker

Parker trashed talked a lot in the early portion of the match, but Konley used some speed and athleticism to stay ahead at every chance. Parker managed to switch it around by pulling Konley off the middle rope and hit a Kitchen Sink before looking on an abdominal stretch. Konley escaped with a hip toss and then an enziguri before Caleb hit a spinning backfist, a slam, and a springboard moonsault for the pinfall. This was a great squash.

Tim Storm came out and thanked Nick Aldis for giving him a shot at the title. He admitted that he lost, fair and square. There was a guy that said, “We love you Tim!” and Tim thanked them and said his mom still loved him. Storm said he had to make decisions about his career. Eli Drake came out said his mom was probably more worried about her son giving up, and that one loss wasn’t enough to take him off the list, the same list that Ric Flair, Steamboat, and Harley Race is on.

Drake said that maybe the ten pounds of gold isn’t in his immediate future, but maybe there is two titles in their future, as Drake asked him to be his tag partner. Storm said he would think about it.

Jocephus asked to make a public apology to James Storm and asked the shake his hand. Colt Cabana came out and he imitated James Storm, took the hat that was being offered, and a beer too. Jocephus threw powder into Cabana’s face and started to attack in the ring. James Storm came up behind him and superkicked him when he turned around. Cabana was about to eat a superkick from Storm, but Ken Anderson pulled him out of the ring.

Nick Aldis and Kamille came out to discuss the next challenger for the NWA Worlds Heavyweight Championship. Aldis said that he was going to wait and see who steps up, and if he needs to, he will go to another promotion and see there. Galli asked about Kamille talking for herself again, and Aldis told him off again, and said that she could speak whenever she wanted. 

Galli asked what her motivation was for being the insurance policy for Aldis, and she refused to speak. Aldis said that she didn’t want to talk, and when she wanted to, Galli would be the first to know.

And ad aired with a Twitter account at the end saying “@QuestionTheNWA” It seems we have a mystery wrestler coming to the NWA.

Eli Drake came out. Tim Storm joined him, to the roar from the crowd.

The Dawsons defeated Eli Drake and Tim Storm

Dave Dawson started the match with Eli Drake. Drake hit the ropes hard and hit three big clotheslines and a spinning neckbreaker. Drake went for a suplex, but that didn’t work out and Zane Dawson tagged in. Drake hit a neckbreaker and tagged out to Storm. He hit a nice neckbreaker for a near fall. Storm tagged out to Drake and both men hit a double elbow to drop Dawson.

Zane charged at the corner, but Drake got his feet up and hit a bulldog. Dawson kicked out. Storm tagged in and hit a corner charge on Dawson. Storm and Drake manged quick tags as Storm hit some hard elbows. Zane locked on a bearhug on Storm and drove him back into the corner and tagged out to his brother. Dave Dawson went back to the bearhug and worked over Storm’s ribs.

Storm managed to escape and make the hot tag to Drake, and Drake ran wild, but he was soon driven into the corner ring post, and Storm was left alone. Storm tried his best to fight both men off, but the Dawsons hit a combo squash and powerslam for the pinfall.

The Dawsons continued beating on Storm after the match ended, but Kingston and Homicide made the save and drove them off. Nick Aldis came out to check on Storm with Drake, and the show closed. Excellent episode.

NWA announces first TV tapings of Billy Corgan era

Posted on by Bryan Rose

The National Wrestling Alliance announced that they will be holding television tapings this fall.

The company posted a video with NWA President Billy Corgan talking about studio tapings from the 1970s and 1980s, leading to an announcement about the NWA starting their own television tapings. The video then announced that tapings would be held in Atlanta, Georgia on September 30 and October 1. No venue was announced, nor was it mentioned where the tapings would be airing.

The NWA has made changes in the last several weeks, including ending their relationship with Ring of Honor. NWA World Heavyweight champion Nick Aldis was a regular on ROH’s shows, as well as National champion James Storm and the NWA’s newest signee Eli Drake.

ROH and NWA had worked together for a number of shows, including the NWA’s most recent event, the Crockett Cup. The tournament featured wrestlers from the NWA, ROH, CMLL and New Japan Pro Wrestling. ROH’s Brody King and PCO won both the tournament and the NWA World Tag Team titles.

Corgan comments on NWA 70th Anniversary Show, production issues

Posted on by F4W Staff

By Joseph Currier and Bryan Rose

Following last night’s 70th Anniversary Show, NWA president William Patrick (Billy) Corgan has commented on the event and its production issues.

“On the production side, we fell short on providing a televised event up to the standard that I would consider acceptable. Which reminded me greatly as to why people questioned my pursuit of TNA (in terms of wanting to buy the company, and filed a potential lawsuit to do so),” Corgan wrote in a post on Instagram.

“Put simply, building up a culture like Smashing Pumpkins or the NWA, takes time, trial and error, and great risk. And throwing $$$ at the problems doesn’t necessarily correct the issues, and in some cases makes it worse. So last night I was painfully reminded of how hard this journey is, and knew by the time the last bell rung we have much work to do before we’d run another such live event. Which in no way diminishes my appreciation for those who ordered or attended the event. In fact, it increases it.”

There were multiple production issues throughout the show. Audio dropped frequently throughout the night, especially when it was thrown to pre-taped footage. Commentary could be heard talking over the pre-taped footage during the audio issues. The mic quality in the ring came off as poor, with chops and other impact moves not coming across well. There was also an interview that continued to air after the director called for “cut.”

In his Instagram post, Corgan also complimented Nick Aldis and Cody Rhodes after their main event and wrote that he hopes they’ll have a third match against each other. Aldis regained the NWA Worlds Heavyweight Championship against Cody last night, with Aldis winning the first and third falls of their two-out-of-three falls match.

Corgan’s full post is available below:

#NWA70 thoughts in no particular order: Magnum TA @magnum_ta was an absolute joy to engage with, and showed when speaking live of the NWA’s future why he is so highly regarded with fans and people in the business. Jim Cornette, on commentary, reminded why there is no one better with a microphone, and I appreciate him lending his gravitas to the event. His partner, Joe Galli, has such a bright future, and I hope he will remain as our leading voice for decades. As well, I was thrilled to have Tony Schiavone (@tonyschiavone24) call the main event. As this highlights one of the great pleasures of owning the NWA, which is seeing these legends do what they do best.

On the production side, we fell short on providing a televised event up to the standard that I would consider acceptable. Which reminded me greatly as to why people questioned my pursuit of TNA (in terms of wanting to buy the company, and filed a potential lawsuit to do so). Put simply, building up a culture like Smashing Pumpkins or the NWA, takes time, trial and error, and great risk. And throwing $$$ at the problems doesn’t necessarily correct the issues, and in some cases makes it worse. So last night I was painfully reminded of how hard this journey is, and knew by the time the last bell rung we have much work to do before we’d run another such live event. Which in no way diminishes my appreciation for those who ordered or attended the event. In fact, it increases it.

Sitting ringside for the main event, I had one recurring thought, which is there are only a few people on the planet (let’s say the number is under 30) who could do what Nick and Cody (@nickaldis@americannightmarecody) did last night. Or, as I used to tell my Mother, ‘this is why they pay me the big bucks, Ma’. Skilled, talented people need the right stage and crowd to show their best, and last night was exactly that. The fans were FANTASTIC. Pushing Cody and Nick to a place I think that surprised them. I remain hopeful for a third, definitive contest. Lastly, the vibe backstage with talent was jubilant, and hopeful. From a living legend like Dory Funk, Jr, to the kid in the dark. And that speaks volumes to me.

Billy Corgan, TNA & Anthem settle their financial differences

Posted on by Josh Nason

In a surprising move Friday, Billy Corgan announced on Twitter that he signed a settlement with TNA & Anthem Sports & Entertainment.

The leader singer of the Smashing Pumpkins didn’t say much but did mention he’ll be doing some media next week to “fill in the blanks” and “spell out what is/isn’t in” the settlement.

Anthem property The Fight Network tweeted that they are “happy with arrangements made w/Mr. Corgan, allowing Impact Wrestling to put this behind them and focus on producing great shows.”

The arrangement ends a contentious fall season for Corgan, Anthem, and TNA which saw Corgan file a lawsuit against TNA over gaining control over the company due to unpaid loans. The judge denied that claim, but as of the November 1st deadline to be paid back, Corgan still hadn’t been made whole which led to a formal request for payment, hampered by a complicated contract arrangement.

For in-depth reporting on the whole TNA saga over the last few months, subscribe to the Wrestling Observer Newsletter and get immediate access.

David Lagana parting ways with TNA Wrestling

Posted on by Dave Meltzer

TNA head writer David Lagana announced today that he has left the company.

Lagana, who had worked for years with WWE and then with ROH, before going to TNA, wrote that, “Today I made the decision to leave TNA Impact Wrestling. A decision I do not make lightly but one I made to create a future that I control. In 2017, you need to look forward to 2020 and beyond. My focus now is on personal branding, technology and the wild west of storytelling available to all content creators today.”

Lagana started with TNA in 2011 after being hired from ROH.

In a farewell article he noted learning from Vince McMahon, Paul Heyman, Dusty Rhodes, Pat Patterson, Gerry Brisco, Shawn Michaels, Paul Levesque, Michael Hayes, Brian Gewirtz, Adam Pearce, Hunter Johnston, Matt Conway, Billy Corgan, Vince Russo, Eric Bischoff, Bruce Prichard, Jeff Jarrett, and Dutch Mantel.

It is very notable he did not include John Gaburick or Dixie Carter on that list.

Lagana was expected to be a more powerful player in the new TNA under Corgan, but he was expected to be in a tenuous position when Corgan didn’t get control of the company.

Billy Corgan: I’m formally requesting repayment of my loan to TNA

Posted on by Dave Meltzer

The situation with TNA and Billy Corgan had a few twists and turns this morning stemming from a New York Post article by Richard Morgan.

The key to the story at this point is that even though TNA is being controlled and funded by Anthem Sports & Entertainment, for reasons of saving money based on the Corgan contract, they are claiming they haven’t been sold, even though for all real purposes they have.

The point to this is that Corgan’s deal with TNA when fronting them $1.8 million (a figure Corgan has now confirmed) is that if the company was sold, he was entitled to a 50% transfer fee, meaning the company would owe him $2.7 million. Anthem Sports has been willing to pay Corgan $1.8 million, or at times $1.9 million (claiming they were willing to pay six
percent interest), but not $2.7 million, and also insist on him dropping his lawsuit against them before they would pay him.

Corgan is asking for the money, but refuses to drop the lawsuit, and claims that if they don’t pay him he has the right to convert the payment into 36 percent of TNA stock. It would be a minority interest. Anthem is clearly avoiding the term purchase of TNA and going through with an actual purchase, in order to avoid the transfer fee.

In court they had said they would pay the amount of $1.9 million (they said the number owed plus six percent interest) on November 1st. As of today, it had not been paid. TNA is demanding that if they paid the money, that Corgan sign a release, breaking all ties between the company which would mean that he would have to drop the ongoing lawsuit and could not sue the company going forward.

In the Post article, a TNA source claimed that the judge (Ellen Hobbs Lyle of Nashville Chancery Court) ruled that the company had not been sold.

“Billy’s saying the company was sold and he’s owed $2.7 million,” said an unnamed source. “But the court has already determined the company was not sold.”

Technically in company papers Dixie Carter is still listed as owning 92.5 percent of company stock, even though the agreement privately in the new organization of the company would be that Anthem would own 85 percent, Aroluxe would own 10 percent and Carter would own the remaining five percent.

Corgan then started tweeting after the article came out:

“YEP: Just published NY Post article asserts that judge in case ruled against my receiving 2.7 in Anthem swap deal. This is FALSE. Case OPEN.”

“Today I’m FORMALLY requesting repayment of my ‘so-called’ loan by TNA, which I’m told stalled because they didn’t know where to FIND ME.”

“Laughs aside, I’d put up 1.8mil for express purpose of becoming equity stakeholder and helping talented roster. Any other assertion is FALSE.”

“So if I’m not repaid today in full and without conditions attached, I’ll be forced to once more pursue remedy by taking TNA stock via court.”

“Remember it was Anthem and not I who stood in open court and told judge they were prepared to PAY and in turn FUND good ol solvent TNA.”

“A Company which they claim they have no business deal for behind-the-scenes yet have released 2 press releases saying they are TAKING OVER.”

“So far be it from me to accuse someone I don’t know of bending truth to win a case. That just wouldn’t be nice, and I believe in being nice.”

“Last thing: Despite being called a lender by every arm of TNA propaganda, I can still convert to a 36 percent stockholder or sell option to highest bidder.”

“And that option if you will to convert my boo-hoo-hoo loan to 36 percent stock or auction it off to a PW titan doesn’t require a court order.”

The implication here is that Corgan would attempt to sell his percentage if they don’t pay him to WWE, but I’m not sure what WWE would want with a minority interest in a rival company. WWE has had talks with existing companies about becoming a stockholder, but always insisted on 51 percent, which is why deals haven’t been made.

Anthem announces funding of TNA, but Billy Corgan not done fighting yet

Posted on by Dave Meltzer

Shortly after an email was sent to talent and the staff, Anthem Sports & Entertainment and Impact Wrestling sent out a joint press release Thursday confirming what had previoulsy been stated about Anthem funding the company and taking over.

From the release:

“Anthem Sports & Entertainment Corp. and Impact Ventures, parent company of TNA Impact Wrestling, today announced that Anthem has provided a credit facility to TNA to fund operations.

Anthem Sports & Entertainment Corp. is a global sports media company that operates Fight Network, Impact Wrestling’s exclusive broadcaster in Canada, as well as exclusive worldwide digits streaming partner for all TNA programming.  It is also an equity stakeholder of Impact Ventures.

The agreement includes the appointment of Anthem Executive Vice President Ed Nordholm to the Impact Ventures Board of Managers.  The company will be managed by the Board with Mr. Nordholm representing the Board on all major operation and restructuring decisions. Dixie Carter will continue as Chair of the company, a well as her position on the Board of Mangers. Billy Corgan is no longer with the company.”

“We have had a successful long-term partnership with Fight Network as our Canadian broadcaster, and more recently as our global digital partner,” said Dixie Carter.  “Anthem’s team has extensive media experience, and I am excited to have that available to us as we plan for the future.

“We have had consistently maintained that investing in content as we grow our distribution is important as a strategic necessity,and working more closely with a strong brand like TNA is in line with that.  This financing is an extension of the support we have been providing since the beginning of the year,” said Leonard Asper, CEO of Anthem.  “There are tremendous opportunities to support the company’s growth on all platforms and in all media alongside Dixie and the incredible talent and staff at TNA.”

Talent was told that Carter would remain on the board but would no longer be part of day-to-day operations.

What is also notable is that Corgan was supposed to be paid back his money owed with interest on Tuesday. As of today, he claimed he had not been paid yet.

“FACT: TNA was supposed to pay me two days ago, which they swore in front of a judge,” wrote Corgan on Twitter.  “Yesterday they asked for a day to get $ together upon which, (yesterday or today), they’d reach out directly to settle all claims.  So they lied again and have used the time as a weapon.”

Corgan is planning on continuing his legal battle for control of the company.

“FACT:  I have still not been paid, and I’m exploring all remedies including new filings with court and converting to 36 percent equity.”

A very detailed story on the legal fight and current situation with the company is in the new issue of the Observer, available now for subscribers.

Judge rejects Billy Corgan’s efforts to take over TNA Wrestling

Posted on by Josh Nason

The drama that has unfolded over the last month regarding TNA’s future continued in a Nashville, TN, courtroom Monday as Billy Corgan’s request for control over the troubled wrestling company was rejected.

In her ruling, Chancellor Ellen Hobbs Lyle said that the temporary injunction Corgan was seeking didn’t meet the burden of proof required to attain it. He is due to be paid back on several loans he had made the company that included the option to take over Carter’s voting rights if TNA became insolvent. That was the basis of Corgan’s case due to the amount of money TNA owes in contrast to the amount of revenue the company has.

Corgan is due to be paid back on Tuesday, November 1st. The musician had sued the company, Dixie Carter, and more in an effort to get voting rights and control.

Our Dave Meltzer tweeted: 

 Aroluxe is the company that originally invested in TNA earlier this year to help keep the tapings alive and to buy into the company.

Corgan began tweeting shortly after the decision (sic):

https://twitter.com/Billy/status/793183441491668992https://twitter.com/Billy/status/793184289584066560https://twitter.com/Billy/status/793185545216069632

We’ll have more on this situation as it develops here on the site, and on tonight’s post-Raw edition of Wrestling Observer Radio.

Attorneys for TNA & Billy Corgan make their case in court

Posted on by Joseph Currier

Attorneys for both TNA and Billy Corgan were in court on Wednesday afternoon in Nashville for a hearing regarding Corgan’s lawsuit against TNA Wrestling, Dixie Carter, and some of the company’s executives.

Nate Rau of The Tennessean was also there covering the proceedings and live tweeted the hearing’s most notable moments.

Much of the hearing was centered around whether or not TNA is insolvent, and Corgan’s attorney Scott Sims presented that case in court when arguing for an injunction to be granted that would allow Corgan to take over the company.

Unsealed documents in the lawsuit previously revealed that Corgan had a clause in his agreement with Carter that allowed him to take over much of her control and replace the company’s managers it were insolvent.

Sims said that TNA misled Corgan about the company’s debts and excluded him from management decisions. Sims argued that TNA having offers to buy or invest in the company doesn’t prove that they’re not insolvent.

TNA attorney Travis Parham responded to Corgan’s claims, fighting back against the notion of insolvency. Parham said that cash flow was only a small part of the story. He also claimed that TNA has “good will, notoriety, merchandising, licensing, and is an international brand.”

Parham argued that Corgan and Carter’s agreement was illegal under Tennessee law because Carter’s manager rights can’t legally be transferred. He called Corgan’s agreement with Carter “predatory lending at its worst” and said that TNA is willing to pay off Corgan’s loan.

Anthem, the parent company of the Fight Network, previously offered to pay off the loan. An attorney for Anthem present at the hearing said that they were willing to pay it off, minus the transaction premium Corgan says he is due.

Lawyers for both sides agreed to not publicly disclose redacted financial details about the state of the company. Chancellor Ellen Hobbs Lyle adjourned the hearing, saying that her ruling will come on Monday.

A Storify chronicling all of Rau’s tweets is available below:

Several documents unsealed in Billy Corgan’s lawsuit against TNA

Posted on by Dave Meltzer

Several documents regarding Billy Corgan’s lawsuit against Impact Ventures LLC, Dixie Carter Salinas, Serg Salinas and CFO Dean Broadhead were unsealed today in Davidson County Chancery Court.

A new version of the actual lawsuit is expected to be unsealed on Tuesday.

The key note is that Corgan was granted a restraining order last week, key because that means Chancellor Ellen Hobbes Lyle believed his case against TNA is likely to prevail as that would be the reason to grant such an order. The retraining order means TNA is not allowed to take any action regarding selling, assigning assets such as the tape library until the court allows them.

This prevents either a sale of the tape library to The Fight Network or WWE, as well as a sale of the company, or any stock in the company. That explains why The Fight Network had to loan TNA the money to keep going as opposed to putting money in exchange for points in the company in the unusual announcement this past week.

The money appears to be put in to make the company solvent for now, as Corgan claimed they were not solvent, and based on his agreement with Carter if the company was not solvent, then he would be able to make all the key decisions. Carter Salinas was barred from what they had done before which is sell points in the company in exchange for cash, or sell more of the tape library in exchange for cash.

The Fight Network and Carter Salinas are attempting to buy Corgan’s stock in the company back, thus refund his money, in exchange for him going away and dropping what would be an embarrassing lawsuit.

Corgan would also be banned right now from selling his points in the company to an outsider, but if he drops the case he could sell his points back to them.

The fact the suit is continuing means Corgan has not as yet agreed to take the money and go away.

Corgan claimed TNA was insolvent, which means that their debt is greater than their assets. The debt is probably in the $5 million or more range. Of what we do know, the debut would be $4 million but there are likely other creditors unknown at this time.

Based on the agreement when Corgan put money in, if the company was insolvent he would be able to take over and fire and hire people. The company and Carter, claimed they were not insolvent but produced no documentation to support that.

However, TNA has handed over 17,000 pages of documentation to Corgan and his attorneys, basically to bog him down, and TNA is hopeful the deal to buy Corgan out gets completed before the lawsuit gets unsealed.

Bruce Prichard, who worked for NWA for several years, claimed he had financial issues because TNA withheld tax money from his checks but never paid the government the withholding, and thus the government came after him for not paying his taxes. He said the figure was about $10,000 but all ended up being straightened out.

Billy Corgan files a lawsuit against TNA & Dixie Carter

Posted on by Joseph Currier

TNA’s ownership saga has taken another turn.

Billy Corgan filed a lawsuit against the company and some of its key players in Chancery Court in Nashville, TN, on Wednesday. The defendants listed in the suit are TNA Entertainment, their parent company Impact Ventures, Dixie Carter, her husband Serg Salinas, and TNA Chief Financial Officer and Chief Operating Officer Dean Broadhead.

A temporary restraining order was issued, and a temporary injunction is set to be heard on Thursday, October 20th. All filings in the suit were placed under seal until further notice.

Further details of the lawsuit are not yet known at this time.

The saga of TNA’s ownership situation has played out both publicly and behind the scenes in recent weeks. Corgan made his intent to buy the company known in interviews across multiple media outlets prior to Bound for Glory, but the show came and went without a sale.

Dave Meltzer has chronicled the subject in exhaustive detail in the Wrestling Observer Newsletter in recent weeks. Meltzer reported in this week’s issue that both Corgan and Aroluxe Marketing were still attempting to buy the company, but Aroluxe was most likely to get it at that point.

Meltzer also reported that things were “super heated” behind the scenes with Carter, Corgan, and Aroluxe.

It was announced in August that Corgan had taken over as president of TNA, while Carter assumed the role of company chairman.

The lawsuit was first reported by Pro Wrestling Insider.

TNA TV tapings spoilers: Cody Rhodes debuts; Dixie Carter talent meeting

Posted on by Dave Meltzer

TNA taped television Monday in Orlando, FL, with the highlight being Eddie Edwards beating Bobby Lashley for the TNA title.

There was a brief meeting with talent. Dixie Carter (sans Billy Corgan) spoke to talent which were concerned because nothing was told to them about the current situation with the company. Little was said at the meeting as Carter said nothing new has been completed regarding negotiations so there wasn’t any major news.

She denied it when asked if WWE had purchased the tape library, but did say WWE had wanted to purchase the company and the tape library and she wouldn’t let that happen.

For this Thursday’s show:

– There was a Fact of Life segment with Eli Drake and EC 3 as the guest, seemingly building tension between them.

– All the TNA champions came out: The Hardys, Gail Kim, Bobby Lashley, DJ Z and Aron Rex. All spoke about why their title was the most important one in the promotion. Billy Corgan then announced that all the champions would defend on tonight’s show except DJZ, because they had an X Division match next.

It’s notable that nothing was taped with the Hardys in front of the people, so they may have done something on location for the show.

– X-Division Champion DJ Z & Mandrews & Braxton Sutter beat Marshe Rockett & Trevor Lee & Andrew Everett

– Cody & Brandi Rhodes were out. Cody said that he was getting a TNA title shot, so Mike Bennett & Maria came out. This led to a brawl and setting up a Cody vs. Bennett match for next week.

– Knockouts Champion Gail Kim beat Sienna to retain. Sienna, Laurel Van Ness and Maria all attacked Kim after the match.

– Grand Champion Aron Rex beat Baron Dax via second round submission to retain

– Eddie Edwards beat Bobby Lashley to win the TNA World title.

For the Thursday, 10/13 show:

– X-Division Champin DJ Z beat Marshe Rockett to retain

– Cody (w/Brandi Rhodes) beat Mike Bennett (w/Maria)

– Grand Champion Aron Rex beat Jessie Godderz via pin in the third round to retain. They teased a Rex turn here.

– Lashley attacked Edwards and gave him a beating.

– Knockouts Champion Gail Kim beat Maria to retain in a no DQ match. Maria also lost her power as part of the stipulation to the match.

– Moose beat EC 3

Tonight (Tuesday) has Edwards vs. Cody Rhodes for the title and Moose vs. Lashley. Send in reports to [email protected].

Dixie Carter no longer TNA president, Billy Corgan takes over

Posted on by Joseph Currier

Dixie Carter is no longer president of TNA Wrestling after a major shakeup in the company was announced on Friday afternoon.

Carter will now hold the titles of chairman and Chief Strategy Officer, while Billy Corgan will take over Carter’s former role as the company’s president. Corgan will be responsible for TNA’s day-to-day operations, while TNA’s statement says that Carter will focus on long-term planning, strategic partnerships, and global growth.

“Billy is a visionary, an iconic artist, and savvy businessman with an incredibly gifted creative mind. He has built a decades-long successful global brand, and also has a deep passion and understanding for professional wrestling,” Carter said. “In working with Billy over the last 16 months, he has impressed me to the point that I’ve been in discussions with him to take an elevated strategic leadership role within the company. The more we discussed our vision for the organization, the clearer it became that position needed to match his commitment.

“I believe in this company, its passionate fans, the talented roster and the dedicated staff and crew,” Corgan said. “I am committed to this great opportunity and will use all of my resources and connections to drive the success of this company. This year we have made significant strides in establishing a strong foundation for our future and will be aggressive in continuing to evolve and grow the IMPACT brands.”

Bryan and Dave talk about the subject on a WOR BREAKING NEWS AUDIO plus more over on WOL: Billy Corgin in charge of TNA, HHH talks 50/50 booking, G-1 shakeup