On this date in WCW history: Ric Flair is stripped of the NWA title, but not the belt
by Jesse Holland on Sep 8, 2011 9:01 AM EDT
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Because "The Nature Boy" didn't get his $25,000 deposit back, which was required to carry the NWA strap.
Whoo!
WCW President Jim Herd, who thought Flair at 42 was too old (ha!) to stay in the spotlight, started heaping on the gimmicks and less-than-flattering angles as a way to downgrade the aging legend, who refused to play ball or take a pay cut.
Whoo!
He was eventually fired, as champion, and took the belt with him to his new home in Stamford after the promotion failed to reimburse him for the 25-large, and on September 8, 1991, the NWA title was officially vacated.
Whoo!
Flair would appear on WWF television with the actual belt and claim to be the "real" world champion, which no doubt served as motivation for WCW to file suit and eventually buy it back from him for the original $25,000 -- plus interest.
Whoo!
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How about that . . .
a financial transaction in which Ric Flair actually came out on the winning end of! Take a picture it may never happen again.
by AverageJoeEveryman on Sep 8, 2011 9:14 AM EDT reply actions
And just think...
… the belt that was responsible for that transaction has been the source of much controversy and lots of lost finances currently. Guess he should have made his loan companies put a deposit down.
That was a big deal back then
And more proof WCWs fall was a long time coming. But it gave us Bobby Heenan and the “Be Fair to Flair” campaign, so it’s all good.
Release...the KITTIES!
Didn't Mr. Herd want Flair to shave his head at one point
Players who should be in the Hall of Fame: Pat TIllman, Dwight White, Donnie Shell, L.C. Greenwood, Ray Guy, Steve Tasker, Jack Butler, Greg Lloyd, Andy Russell, Cris Carter, Kevin Greene, Curtis Martin, Willie Roaf, Andre Reed and Jerry Kramer
CM PUNK IS MY HERO
Canal Chronicles resident Steelers Fan
Yep
They wanted him to switch to a “Spartacus” kind of character.
Release...the KITTIES!
by GoForthAndDie on Sep 8, 2011 4:23 PM EDT up reply actions
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