World Wrestling Entertainment

WORLD WIDE WRESTLING FEDERATION

At one time, wrestling promoters Toots Mondt and Vincent J. McMahon controlled the Northeastern United States as part of the National Wrestling Alliance. This group recognized an undisputed NWA World Heavyweight Champion that went from wrestling company to wrestling company in the alliance and defended the belt around the world. In 1963, the champion was "Nature Boy" Buddy Rogers.

The rest of the National Wrestling Alliance (NWA) was unhappy with Mondt because he rarely allowed Rogers to wrestle outside of the Northeast, which led to Mondt and the Capitol Wrestling Corporation (CWC) leaving the NWA, creating the World Wide Wrestling Federation (WWWF) in the process. Mondt and the WWWF wanted Rogers to keep the NWA World Championship, but Rogers was unwilling to sacrifice his $25,000 deposit on the belt (titleholders at the time had to pay a deposit to ensure they would honor their commitments as champion). Rogers lost the NWA World Championship to Lou Thesz in Toronto, Ontario on January 24, 1963.

In mid-April, Rogers was awarded the new WWWF World Championship following an apocryphal tournament in Rio de Janeiro. He lost the title to Bruno Sammartino a month later on May 17, 1963 after supposedly suffering a heart attack shortly before the match.

The WWWF rejoined NWA in 1971. In March 1979, the WWWF became the World Wrestling Federation (WWF) . The change was purely cosmetic, and the ownership and front office personnel remained unchanged during this period.

WORLD WRESTLING FEDERATION

In 1980, the son of Vincent J. McMahon, Vincent K. McMahon, founded Titan Sports, Inc. and in 1982 purchased Capitol Sports from his father. After discovering at age 12 that the wrestling promoter was his father, Vince became steadily involved in his father's wrestling business until the latter was ready to retire. The elder McMahon had already established the northeastern territory as one of the most vibrant members of the NWA by recognizing that pro wrestling was more about entertainment than sport. Against his father's wishes, McMahon began an expansion process that would fundamentally change the sport, and place both the WWF - and his own life - in jeopardy.

Leaving the NWA for a second time in itself was not that big of a step; the American Wrestling Association (AWA) had long ago ceased being an official NWA member, and just over a decade earlier the WWWF itself had rejoined the NWA. But in neither instance did the defecting member attempt to undermine, and destroy, the territory system that had been the foundation of the industry.

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 would use 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.

According to several reports, Vincent Sr. 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. However, such a venture 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 sports entertainment 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 super card 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.