As noted, a judge today ruled against Billy Corgan's request for a temporary injunction against TNA, and TNA can proceed to run the company without Corgan being involved. It is expected that Anthem Sports & Entertainment Corp., the parent company of The Fight Network, will pay off Corgan's $1.8 million loan to TNA and gain 85% control of the company, with Aroluxe having a 10% stake and Dixie Carter retaining 5%. Jason Brown of Aroluxe, who has been running the day-to-day operations of the company, is expected to take over as President.
Welp,back to bad business as usual ??— Mike Bennett (@RealMikeBennett) October 31, 2016
Bennett's wife, former TNA Knockouts Champion Maria Kanellis, tweeted this evening that she will be leaving the business soon.
Kanellis, who made her TNA debut this past January, added that she doesn't know exactly when she'll leave, but the reason why she went back to school was to prepare for life after wrestling. She wrote:
News, any news doesn't ever tell the whole story. It will be an interesting next couple months.What I know is I am leaving wrestling soon.— MariaKanellisBennett (@MariaLKanellis) November 1, 2016
I'm not exactly sure when but that's why I went back to school. I am done in May with my bachelors. And then, I'm on to my masters degree.— MariaKanellisBennett (@MariaLKanellis) November 1, 2016
Eventually everyone must realize that the road never changes until you change roads.— MariaKanellisBennett (@MariaLKanellis) November 1, 2016