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  March 25, 2001



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READER ALERT: For all the latest wrestling happenings, check out our News & Rumours section.

Deal leaves wrestlers out in cold
DON 'THE JACKYL' CALLIS
By DON 'Cyrus' CALLIS
Special to SLAM! Sports

Appearing weekly
on SLAM! Wrestling
and in the Winnipeg Sun
and Thunder Bay Chronicle Herald

- Official web site
- Cyrus email
- SLAM! Cyrus bio


By DON 'Cyrus' CALLIS -- For SLAM! Wrestling
 On the heels of last week's news that the Fusient group led by Eric Bischoff had pulled out of negotiations to purchase WCW after AOL-Time Warner had pulled the two guaranteed time slots from the table, WWFE (World Wrestling Federation Entertainment) Friday bought the WCW name and all copyrights and its tape library.

 The WWF quickly picked up the contracts of several wrestlers, including: Lance Storm, Chuck Palumbo, Shawn O'Haire, Mark Jindrak, Mike Awesome, Elix Skipper, Shane Helms, Shannon Moore, Miss Hancock, Chavo Guerrero Jr., Mike Sanders, Hugh Morrus, Shawn Stasiak, Kaz Hayashi, Yang and Billy Kidman.

 Top talent with guaranteed big money deals like DDP, Scott Steiner, Kevin Nash, Goldberg and Booker T will have to sort their contracts out with Time Warner, at which point the WWF would presumably try to sign them to a very different kind of contract.

 SEPARATE ENTITY

 The WWF is said to have little or no interest in Lex Luger, Buff Bagwell, the Steiner Brothers or Jeff Jarrett. They are very interested in bringing in Ric Flair, as he is so closely associated with WCW and would be a major player in any proposed promotion-versus-promotion feud.

 Speculation is that Shane McMahon will run the company as a separate entity, both in television and real purposes. It is likely that tomorrow on Nitro that we would see some WWF talent appear.

 With respect to the fallout for the wrestling industry, it is obvious that having one less place to work is not good for the many wrestlers trying to earn a living in the business.

 However successful this venture may be for the WWF -- and it should over the course of the next year be very successful in terms of injecting new life into their television -- there are going to be several wrestlers used to making huge money for working one day a week. They will be faced with a situation where they will be unemployed, a scary prospect if you are used to the way of life the industry can afford you.

 Eric Bischoff, who was at the centre of much of the WCW sale talk the past several months, is rumoured to still be trying to open up a wrestling company, perhaps on the Fox network or one of its cable outlets.

 Certainly there would be enough talent to start such a promotion, and on some levels Bischoff would be better starting fresh as the WCW name likely has just as many downsides in the U.S. as upsides.

 What is clear is that there is room for more than one national promotion in the U.S., what is not clear is who if anyone has the necessary moxy, connections and money to start one up.

 K-5 NEWS

 Thanks to everyone who took in the show at Georgie's this past Saturday, as usual a good time was had by all. Stay tuned to these pages for an update on when the next wild night of wrestling and debauchery will be ...

 IWA(Indigenous Wrestling Alliance) has another big television taping at the Winnipeg Convention Centre April 6. Should be a great show ... Bad News Allen will be coming in for the IWA and will be appearing at Jabronis Wrestling Store for an autograph session on April 5, from 5-8 p.m. ...

 I will be making a special appearance on a TRCW show on April 8 at the Southdale Community Club on a card featuring Jim (The Anvil) Neidhart... .You can email me at Cyrusofecw@aol.com.

Send email to CyrusofECW@aol.com.

Listen to Cyrus every Sunday from 6-7 p.m. on 92 CITI-FM on the NHB wrestling call in show with his co-host Joe Aiello.

More coverage of the WWF's purchase of WCW




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