Reported by Adam Martin of WrestleView.com
On Monday, May 14, 2007 at 12:06 AM EST

The official website of NWA Wrestling issued the following statement on Sunday night during the TNA Sacrifice PPV:

"NWA™/Trobich strips TNA/Cage/Team 3-D of NWA™ branded Championships

NWA™ Executive Director, Robert K. Trobich announces that the storied National Wrestling Alliance® has ended its 5 year relationship with TNA Entertainment, LLC. Trobich also stripped Christain Cage and Team 3-D of the NWA™ branded Championships. A title tourny is being planned to establish a new NWA™ Worlds Heavyweight Champion."

You can also view a video clip of NWA's announcement below:

Thanks to AKP45 for passing on that video.