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WWE
- Titan Sports History
World
Wrestling Federation
In
1980, the son of Vincent J. McMahon, Vincent Kennedy
McMahon, founded Titan Sports, Inc. and in 1982
purchased Capitol Wrestling Corporation from his
father. The elder McMahon had long since established
the northeastern territory as one of the most
vibrant members of the NWA.
He had long since recognized that professional
wrestling was more about entertainment than actual
sport. Against his father's wishes, McMahon began
an expansion process that fundamentally changed
the sport.
The WWF was not the only promotion to have broken
ranks with the NWA; the American Wrestling Association
(AWA) had long ago ceased being an official NWA
member (although like the WWF, they seldom left
their own territory). However, neither of the
defecting members attempted to undermine the territory
system that had been the foundation of the industry
for more than half a century.
Other promoters were furious when McMahon began
syndicating WWF television shows to television
stations across the United States, in areas outside
of the WWF's traditional northeastern stronghold.
McMahon also began selling videotapes of WWF events
outside the Northeast through his Coliseum Video
distribution company. He effectively broke the
unwritten law of regionalism around which the
entire industry had been based. To make matters
worse, McMahon used the income generated by advertising,
television deals, and tape sales to poach talent
from rival promoters. Wrestling promoters nationwide
were now in direct competition with the WWF.
Hulk
Hogan, due to his appearance in Rocky III
had a national recognition that few other wrestlers
could offer, which is what led McMahon to sign
him. Roddy
Piper was brought in, as well as Jesse Ventura
(although Ventura rarely wrestled in the WWF at
that point due to the lung disorder that caused
his retirement, moving to the commentator booth
alongside Gorilla Monsoon). André
the Giant, Jimmy Snuka, Don Muraco, Paul Orndorff,
Greg Valentine, Ricky Steamboat, and the Iron
Sheik rounded out the roster. Hogan was clearly
McMahon's biggest star, but there was debate as
to whether the WWF could have achieved national
success without him.
According to several reports, the elder McMahon
warned his son: "Vinny, what are you doing?
You'll wind up at the bottom of a river."
In spite of such warnings, the younger McMahon
had an even bolder ambition: the WWF would tour
nationally. Such a venture, however, required
huge capital investment; one that placed the WWF
on the verge of financial collapse. The future
of not just McMahon's experiment, but also the
WWF, the NWA, and the whole industry came down
to the success or failure of McMahon's groundbreaking
concept, WrestleMania. WrestleMania was a pay-per-view
extravaganza (in some areas; most areas of the
country saw WrestleMania available on closed-circuit
television) that McMahon marketed as being the
Super Bowl of professional wrestling. The concept
of a wrestling supercard was nothing new in North
America; the NWA had been running Starrcade a
few years prior to WrestleMania, and even the
elder McMahon had marketed large Shea Stadium
cards viewable in closed-circuit locations. However,
McMahon wanted to take the WWF to the mainstream,
targeting the public who were not regular wrestling
fans. He drew the interest of the mainstream media
by inviting celebrities such as Mr. T and Cyndi
Lauper to participate in the event. MTV,
in particular, featured a great deal of WWF coverage
and programming at this time, in what was termed
the Rock
'n' Wrestling Connection.
Golden Age
The original WrestleMania, held in 1985, was a
resounding success. This event is sometimes credited
as the debut of what McMahon called "sports
entertainment", in contrast to his father's
preference of pure wrestling. The WWF did incredible
business on the shoulders of McMahon and his all-American
babyface hero, Hulk Hogan, for the next several
years, creating what some observers dubbed a second
golden age for professional wrestling. The introduction
of Saturday Night's Main Event on NBC in mid-1985
marked the first time that professional wrestling
had been broadcast on network television since
the 1950s. In 1987, the WWF produced what was
considered to be the pinnacle of the 1980s wrestling
boom altogether, WrestleMania III. (Credit:
Wikipedia)
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