After a messy debacle with TNA Impact Wrestling, Smashing Pumpkins frontman Billy Corgan is throwing his hat back in the industry ring and finalizing a deal to purchase the National Wrestling Alliance.

As PWInsider.com reports: “The deal in place would see Corgan purchase the name, rights, trademarks to the NWA as well as the rights and possession of the NWA championship belt.”

It is unknown at the time what his intentions with the NWA are.

UPDATE: With Leather points out that Corgan has apparently officially agreed to buy the NWA. NWA president Bruce Tharpe made a statement about it on Facebook.