There is breaking news regarding the sale of TNA.

According to WZ’s Justin LaBar, sources are reporting WWE will be purchasing the TNA video library.

Furthermore, Billy Corgan is going to become the new majority owner and is expected to rebrand TNA into a new company.

We will have more information when it becomes available.

This news is released only two days after reports surfaced that Dixie Carter addressed the locker room before the Impact taping Monday night.