Kind sir you are wrong. Vince McMahon himself has talked about how the WWF was in financial peril. You are underestimating the financial hole the WWF was in at the time. Bret Hart was they're second biggest star, biggest whenever they went to Canada and Vince was practically begging him to go to WCW because he couldn't pay him. Late '94, '95 and '96 were the worst years in the history of the company as they were suffering both in the ratings and at the gates. For Summerslam '94 they did 23,000 at the venue. By Survivor Series of that year, they were down to 10,000. Throughout the Monday Night Wars which started in Sept. '95, the WWF was hovering around the 12,000 mark in attendance consistently in addition to getting their heads kicked in every week in the ratings.
WCW's booking wasn't incompetent per se. The problem was that WCW allowed too many guys creative control of their characters in order to lure them from the WWF and guys didn't give a **** how stories turned out as long as they came out looking better than everybody else. Hogan and Nash being the two main culprits. Even with that though, they came close to putting the WWF out of business and to say they were never close is factually wrong.
Comment