World Championship Wrestling: Difference between revisions

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* [[Hilarious in Hindsight]]: For a period in late '96, Ultimo Dragon defended the J-Crown, a collection of cruiserweight/light heavyweight championships from various promotions unified into one collective (and [[Too Many Belts|cumbersome]]) title. At Starrcade '96, he defeated [[Dean Malenko]] and added the WCW Cruiserweight championship to the J-Crown in the only time the J-Crown collection was seen on American television. What makes this so hilarious? One of the titles that made up the J-Crown was the [[WWE|WWF Light Heavyweight championship]] <ref>When first created, the Light Heavyweight title was defended almost exclusively in Mexico, making it a WWF title pretty much [[In Name Only]]. Over time, it made its way to Japan, where it eventually became part of the J-Crown. When the WWF got it in its head to start a dedicated cruiserweight division in late '97, they went through the books and found out they already had a perfectly good Light Heavyweight title belt they'd given out on loan for over a decade ''and had no idea where it was!'' After some searching, they tracked it to [[New Japan Pro Wrestling]] and finally got it back for their inaugural tournament.</ref>, meaning that Ultimo Dragon was a legitimate WWF championship titleholder and was legitimately defending that title on a WCW pay-per-view, ''and neither organization realized it'' until months later.
* [[Hoist by His Own Petard]]:
{{quote| '''Tony Schiavone''': That's gonna put some butts in the seats!}}
* [[Incompetence, Inc.]]: This trope has always been present to some degree. But WCW from mid-1999 until the bitter end took this trope into new heights. For the year of 2000, WCW managed to lose ''$80 million''. This is what lead to WCW getting sold to main rival the WWF for about $3 million.
** Previously, Ted Turner had been able to tell anyone who suggested closing or selling WCW to stuff it, but after the AOL Time Warner merger, he was put in a figurehead position where he had no real power, which lead to an exec who'd never been part of the wrestling business named Jamie Kellner cancelling all WCW related programming and Turner being unable to do anything about it. Kellner himself was a great example of incompetence, and was forced out of his AOL Time Warner job in 2003. For that matter, AOL Time Warner wasn't exactly not incompetent. As ''[[The Death of WCW]]'' phrased it, "Sure, WCW may have lost $62million in one year, but did they ever lose ''$54 billion'' in ''one quarter''?