One big thing
WWE Hall of Famer Scott Steiner attributes the demise of World Championship Wrestling (WCW) to top executives at Turner Entertainment, including former President Brad Siegel.
Why it matters
The fall of WCW remains a contentious topic in professional wrestling, with its impact still felt in the industry today. Understanding the factors behind its collapse provides insights into the business of wrestling and the challenges faced by major promotions.
By the numbers
• WCW was sold to WWE in 2001 for a reported $4.2 million.
• At its peak in 1998, WCW’s revenue reached $55.7 million.
Details
Steiner’s comments came during an interview with Sportskeeda Wrestling, where he stated:
“Anybody that says anything different don’t know what the f**k they’re talking about. You got a glimpse of some of it [on Who Killed WCW]. It was like [former Turner Entertainment President] Brad Siegel, all the higher-ups.”
Key points:
• Steiner dismisses alternative explanations for WCW’s downfall.
• He references the “Who Killed WCW?” docuseries as partially revealing the truth.
• Hulk Hogan reportedly shares a similar view, blaming executives for the company’s failure.
The big picture
The debate over WCW’s collapse continues to captivate wrestling fans and industry insiders. Steiner’s perspective adds to the ongoing discussion about corporate management in wrestling and its impact on the product.
What’s next
As more former WCW personalities share their experiences, a clearer picture of the company’s final days may emerge, offering lessons for current and future wrestling promotions.
What do you think led to WCW’s downfall? Do you agree with Scott Steiner’s assessment? Share your thoughts in the comments below.
