Newsday.com has reached out to both Billy Corgan and TNA for comments on the rumors of Corgan potentially buying TNA Wrestling. The following is the response from TNA, which is a forward of a recent memo issued by Janice Carter:
"An unfortunate aspect of this business is that there are wrestling 'reporters' who consistently post 'news stories' without proper facts. I want to assure you these are just rumors and that I am committed to TNA and its future."
A representative for Billy Corgan responded to the rumors by issuing the following statement:
"There is no reason to comment on rumors. Billy is completely focused on Resistance Pro's upcoming 2nd anniversary [show on Nov. 23]."