Update:

NWA owner Billy Corgan is refuting claims made in the below report. When asked if cost-cutting measures will go into effect at the next tapings, Corgan responded, "Not at all. Not even close. Total fabrication."

"A one-day shoot for NWA can currently run into 6 figures," Corgan added.  

Original:

The NWA is reportedly looking to reduce costs. 

Haus of Wrestling is reporting that roster cuts are likely to take place following the company's TV tapings in January. Production cuts and other cost-saving measures are expected soon as well.

The cuts are said to be a result of NWA owner Billy Corgan having bankrolled the promotion for years with little to no sponsorship money coming in. It is said that Corgan has spent millions on Power as well as the NWA reality series and cuts are needed for the company to continue operating at its current level. 

This weekend's NWA tapings in Sarasota, Florida will be running with "a bare-bones crew" with primarily only contracted talent participating. Mike Knox and Violent J are the only wrestlers not under contract expected at the shows. However, Violent J flies himself in and works for free. 

Announced matches for this weekend include EC3 defending the NWA World title against Jax Dane, and Kenzie Paige defending the NWA World Women's title against Samantha Starr. 

Regarding how many wrestlers are expected to be released from the promotion, Nick Hausman wrote, "It was stressed that all contracted talent was under review and their benefits to the company were being weighed." He continued to write that some talent without formal deals will likely just not be contacted for future bookings. 

The news follows last month's report that talent in the promotion had grown frustrated with Corgan. 

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Other cost-cutting measures are said to include no longer flying talent out the day before tapings, as the NWA pays for hotel accommodations. Hair and makeup budgets are expected to be cut in half as well. 

The NWA announced in late August that it was making several upgrades to its production. These were reportedly made in anticipation of the television deal with The CW. However, CW officials were said to be upset by the James Mitchell "cocaine spot" at NWA Samhain. It is now believed that NWA content will only air on the CW app and not on television.