The Loop

SMASHING PUMPKINS: Corgan Officially Settles With TNA

Billy Corgan of Smashing Pumpkins has officially settled his legal issues with TNA Wrestling over the loans he gave the company.

Corgan tweeted on November 11th that he’d signed the settlement, and the join release with Anthem Sports Entertainment states that the company, which invested in the wrestling organization, has paid Corgan and taken on the loans.

Corgan said in the statement, “I’m pleased that an agreement is now in place that allows wrestling operations to continue, for my interest from the start was to provide support, be it material or creative, to such a great roster and crew. And as I plan on continuing in the business side of pro wrestling, I look forward to seeing where Anthem’s leadership takes the company in 2017, and wish them the best.”

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