Something huge appears to be brewing in the world of professional wrestling. TNA is set to have a new owner soon, as several have been competing to purchase the brand. WWE has been rumored as one of the entities trying to purchase their competitor. According to 411 Mania, Vince McMahon wants to wait until the last minute to swoop in.
On Thursday morning, Billy Corgan did an interview on ESPN with Dan Le Batard. Many were under the impression that the Smashing Pumpkins front man was going to be announcing that he had purchased majority ownership of TNA. It hasn’t happen yet.
The reason why so many were under the belief that the announcement was imminent is because there is so much hype right now surrounding the sale of TNA. To many, it seems like an inevitable thing now after being rumored for the past couple of years. It seemed like the company was finally going to be sold.
— TNA WRESTLING (@IMPACTWRESTLING) September 29, 2016
While speaking with ESPN, Billy Corgan confirmed that WWE was indeed one of the entities that were interested in purchasing TNA. He even went as far as to state that if Vince McMahon decided to purchase his competitor, it would happen for sure because no one could outbid his deep pockets.
It makes all the sense in the world for Vince McMahon to purchase the TNA brand. Along with the possibility of acquiring new talent, he has a chance at adding to his already extensive WWE Network library with some highly entertaining content.
Several former WWE stars made the jump to TNA. While there, they produced some really good moments that current fans might enjoy having easy access to. Guys like Mick Foley, Kurt Angle, Kevin Nash, Matt Hardy, Jeff Hardy, and Christian had some memorable moments while they were working for Total Nonstop Action.
By owning the TNA library, WWE can also use the footage to help fans understand some of their current stars. Guys like Samoa Joe, Austin Aries and AJ Styles did some amazing things when they worked for Dixie Carter. Being able to show their work to the current fan base can go a long way towards helping these guys connect with the audience.
As far as talent acquisition is concerned, WWE has some interesting choices. According to Forbes, the company is interested in bringing a rejuvenated Matt Hardy back into the mix. Jeff Hardy, one of the biggest merchandise movers in professional wrestling, would also draw some interest.
Both Jeff Hardy and Matt Hardy have a couple of months left on their contracts. However, if WWE were to purchase TNA in the next couple of days, then they could start negotiating with the brothers on a return much sooner than expected.
WWE recently brought back the cruiser weight division to the Monday Night Raw brand. Right now, there are only a handful of performers who are working that style. Fortunately for Vince McMahon, TNA has plenty of guys, such as Rockstar Spud, that add depth to the division.
The divas division has also become more of a priority for WWE over the past couple of years. TNA has plenty of female talent that can add to that group. Performers like Brandi Rhodes and Gail Kim are unlikely to return to World Wrestling Entertainment, but there are other Knockouts to choose from.
WWE is in a position of power right now in regards to the the purchase of TNA. They have more money than the other entities vying for ownership. Vince McMahon knows that he can wait things out so that he can get the best deal possible for the brand.
[Image via WWE]