I haven't read too much on this...cliff notes?
From what I gather...
Adam Pearce and Colt Cabana had a match...the NWA didn't "sanction it" for a title match...Colt wins...Adam Pearce is pissed...tells Colt to take the title...Colt doesn't want it...neither guy wants the belt, so Pearce drops the NWA title...
Sounds like a work that no one cares about.
-Colt & Pearce do a seven match series for the title. It draws pretty well everywhere and was scheduled to wrap up in Australia this weekend.
-Following match #6, Torbich leaves the NWA, Tharpe takes over.
-New people in charge decide they don't want to book Cabana as champ, and refuse to sanction Match #7 as a title match. This throws off the old booking plan, which was for Pearce to lose, leave the NWA/"retire" (that was his stip when this thing started), and put over Cabana as the new champ.
-Cabana subtly buries the NWA on his podcast.
-Cabana wins the match, buries the NWA again, tosses the belt away and refuses to accept it from Pearce, who cut a promo and handed it to Cabana telling him he deserved it no matter what the NWA says.
-Pearce & Cabana are no longer associated with the NWA.
My question for Tharpe would be why on earth they wouldn't want to get behind Cabana. Taking a look at that list of 8 guys they came up with for the match to fill the vacant title, clearly Cabana would be best for business. He's probably the top unaccounted for indie guy right now.