November 15, 1999 Wrestling Observer Newsletter: ECW November to Remember review, Dynamite Kid book, more

After what is billed as its showcase event of the year, Paul Heyman’s Extreme Championship Wrestling seems to have settled into a niche where it looks less likely than ever to achieve status as a truly competitive No. 3 office. In the same breath, it also appears to have survived the financial problems early in the year that threatened to put it out of business.

It is a very distant third national promotion. Its TV ratings on its best day come reasonably close to WCW’s lowest rated show on its worst day. Its PPV on its best day come close to WCW’s lowest rated PPV in its history. In its best cities, it can draw close to, on a good day what WCW, when it recently hit rock bottom, did at its lowest. It has some good wrestlers, but for whatever reason, with the exception of a few, they are people that the big two don’t seem to want. It has changed wrestling and pioneered the more sex-driven presentation that has put WWF’s popularity through the roof. But someone else is deriving the gold from its concepts.

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September 30, 1999 Wrestling Observer Newsletter: WCW facing an uphill battle, ECW Anarchy Rulz review, more

Whomever winds up in charge of WCW is facing an uphill battle. Largely, of trying to get a snowball gathering momentum as it has picked up speed for more than a year rolling down a hill, to reverse its position and almost magically roll upwards.

To understand that analogy is to understand just how deep the problems are. This is not just a situation where a business had a great year, set an expense budget based on that year, and suddenly business was way down and the budget is starting to bleed red ink. This is an entertainment business that is hot as hell when it’s the in thing, and when it isn’t….well, it can survive at a certain level, but since expenses are way above that level, short-term, things don’t look good. And if things continue unchanged in the same basic direction without improvements, six months from now, they won’t be able to give those tickets away. More important, it is one thing for wrestling go down because the peak has hit, for overexposure reasons, etc. 

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September 20, 1999 Wrestling Observer Newsletter: Eric Bischoff fired from WCW, Beyond the Mat review, more

Although wrestlers were singing “Ding, Dong, the Witch is dead,” Friday night in Baltimore, when the word of Eric Bischoff’s re-assignment within Turner (read that as a nice way of saying firing) reached the wrestlers, once the initial happiness wore off and reality set in, the reality is little has changed.

Bischoff was replaced for a number of reasons, a combination of numerous bad deals and falling ratings, house shows and buy rates. The company temporarily is in the hands of Bill Busch, whose title has been changed from Vice President of Strategic Planning to Executive Vice President. The creative control at this point is in the hands of television producer Craig Leathers, who has the final say, and the same booking committee headed by Kevin Nash, Dusty Rhodes and Kevin Sullivan that got the company into this mess, although everyone seems to be jockeying for position to garner power and get creative input

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Figure Four Weekly 10/4/2016: Comparing ECW to TNA

With its constant scrambling for money, TNA is starting to resemble a much more beloved promotion: ECW. While ECW was not entirely solvent going back to at least 1999, when stories of bounced checks were hitting the wrestling newsletters, the situation got especially dire in the last year or so of the company’s existence. After shutting down in January 2001, the company filed for Chapter 11 bankruptcy protection on April 4th of that year (the trustee eventually converted it to a Chapter 7 bankruptcy so as to liquidate the company).

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September 13, 1999 Wrestling Observer Newsletter: Best wrestlers of each decade, plus tons of news

Publications around the world have been coming up with All-century teams or best of the century performers in all forms of sports and entertainment. Many lists will probably be coming out for pro wrestlers as well. The biggest problem with such lists is comparing entirely different performers who are doing entirely different businesses. Sure, baseball, football and basketball have changed. The players are bigger. The rules have been tweaked, but they are essentially the same game. Pro wrestling re-invents itself constantly and trying to compare and rate Steve Austin against Strangler Lewis is not only difficult, but in reality, impossible and maybe even stupid.

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Sept 6, 1999 Wrestling Observer Newsletter: High & Low Ratings, Doctor investigated for prescriptions

The television season of wrestling overexposure began this past week with both good and bad news. But when the numbers came in, virtually all the good news was limited to the World Wrestling Federation.

On 8/30, despite being moved back to an 11 p.m. start on the Eastern time zone due to U.S. Open tennis, and only going head-to-head with Nitro in the Pacific time zone, Raw’s rating was still larger than Nitro. This finished a week where Nitro the previous week had done its worst rating in years and probably had their been competition would have even beaten that mark, where Thunder did its all-time lowest rating, and figures to drop from there in future weeks due to the competition from Smack Down, and where WCW Saturday Night also did among its worst ratings in history.

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July 26, 1999 Wrestling Observer Newsletter: Governor Jesse Ventura to referee SummerSlam main event, NSAC to evaluate UFC, tons more

With the official announcement of Jesse Ventura’s participation in SummerSlam as the referee for the main event came the expected debate over his involvement.

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July 12, 1999 Wrestling Observer Newsletter: Chris Jericho signs with WWF, ECW to air on TNN, tons more

In what was a huge signing, not only for its long-term repercussions but for what message it sends short-term about the future of both respective major U.S. organizations, Chris Irvine (Chris Jericho) inked a three-year deal with Titan Sports on 6/30.

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JNPO: SI.com’s Justin Barrasso on WWE’s big week, Ronda Rousey & ECW

With one of WWE’s most important weeks upon us, Josh Nason’s Punch-Out turns to the squared circle for its 45th episode, recruiting SI.com wrestling writer Justin Barrasso to help set the stage for what’s ahead.

In their hour-long conversation, Josh & Justin went over the following and more:

– The WWE Draft & whether people’s disappointment was a bit too much

– The positives of not bringing up Samoa Joe & Nakamura right now

– What WWE needs to do in order to get this brand split off right

– The fear of what WWE would do if Matt Hardy was to come back

– How he started writing for SI.com’s Extra Mustard section

– The mess that is the UFC women’s bantamweight division and what both guys would do next

– A few good minutes on Ronda Rousey brought on by talk about…The Sandman?!?

– The state of former ECW talent all these years later

Click below to listen now or right-click to download:

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DragonKingKarl Classic Wrestling Marathon: Shane Douglas

For many years he was the face of ECW, having long reigns as ECW world champion and ECW TV champion. But in the many times ECW has since been attempted to be resurrected, Shane Douglas has seldom been front and center of it.

Douglas is a controversial, outspoken personality. He started out training in the Northeast with Mick Foley and wetting his feet in Bill Watts’ UWF promotion.

Douglas had a controversial interview style that made him both popular and, to a certain degree, alienated. 

Douglas’ career is quite interesting when you consider he started off pushed as a young white meat babyface, evolved into a blue chipper teaming with veteran Ricky Steamboat as WCW world tag team champions, had two brief stints in the WWF, and then was the face of one of the hottest promotions in the world.

Somewhere in there he rode a skateboard to the ring and, yes, Karl will look at that also.

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May 24, 1999 Wrestling Observer Newsletter: ECW Hardcore Heaven/WWF No Mercy

Amidst rumors flying everywhere of the possible demise of the company and others who are talking that the company is a short period away from growing bigger than ever, the ECW Hardcore Heaven PPV came off like a show that was a bridge for the company to something new, but when it was over, there were still no answers over whether what is new is good news or bad news.

It is hardly a secret that ECW is plagued with financial problems. There are wrestlers owed large sums of money. Those close to Shane Douglas, whose departure from the company, while expected, came out day earlier than expected resulting in him no-showing the PPV, is rumored to be owed in excess of $80,000 (some reports have that figure at $100,000). The stories about the bounced checks are legion. There are some really strange stories about finances, including the often asked question of how the company met payroll and… 

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March 29, 1999 Wrestling Observer Newsletter: ESPN program on drug deaths in the pro wrestling industry, ECW Living Dangerously review, more

The 3/30 ESPN “Outside the Lines” television show one hour piece on the pro wrestling industry has become something very much talked about within an industry that seemingly only sees reporting as black and white. Either pieces are favorable, or in most cases, they are considered negative. I suspect the ESPN piece will be fair and the best of its kind. 

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ECW favorite Balls Mahoney passes away at 44 years old

We can confirm that Jonathan Rechner, known better to the wrestling world as Balls Mahoney, has passed away at the age of just 44 years old. Cause of death is unknown as of this time, but he just celebrated his birthday on Monday.

Social media began talking about the news Tuesday night with many of Rechner’s former co-workers and compatriots paying tribute. 

After a run in Smoky Mountain Wrestling (Boo Bradley) and even an infamous appearance in the WWF as the evil Xanta Klaus, Rechner came to prominence as Mahoney — known for using weapons like his beloved steel chair, brawls, and teaming/feuding with similar ilk like Axl Rotten, Masato Tanaka, the Dudley Boys, and others. While never a singles titleholder in ECW, he did win the tag titles three times. 

Ironically, Rotten also recently passed away at just 44 years old.

He was part of the ECW revival by WWE, making infrequent appearances and feuding with Big Daddy V, Snitsky, and Matt Striker. He even “dated” Kelly Kelly in a very strange pairing. Rechner had competed frequently on the indies since getting cut by WWE in 2008.

He leaves behind a young son, Christopher.

We’ll have more on this story as details become available.

February 22, 1999 Wrestling Observer Newsletter: ECW having financial problems, St. Valentine’s Day Massacre review, more

With the recent spate of bounced checks, questions are being asked about the future and current financial condition of Extreme Championship Wrestling.

Paul Heyman, the group’s owner, is somewhat responsible for many of the concepts that ushered in the current era of pro wrestling. For the most part Heyman and ECW have been unable to share in the financial rewards and media publicity garnered by WWF and WCW as they took his ideas to reverse their financially money losing enterprises into very profitable businesses.

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DragonKingKarl Show: Mailbag! WrestleMania 8, Sid Justice, Hulk Hogan

DragonKingKarl Classic Wrestling Audio Show: Mailbag question and answer part two. Second show of the week. On this show, host wrestling historian Karl Stern, answers more questions and addresses topics on old school classic pro wrestling history and more including:

  • WWF WrestleMania 8 and the two botched finishes on the show and the return of the Ultimate Warrior and fate of Sid Justice and Hulk Hogan.
  • We talk more about the hypocrisy of strong style wrestling and ECW.
  • Jimmy Valiant and Boogie Woogie Man’s place on the card and his crazy opponents.
  • What were The Road Warriors (Hawk and Animal) doing at WrestleMania 8?
  • The Massive difference between WWF and NWA (WCW) during that era and the Dangerous Alliance.
  • Plus a follow up on the topic of strong style wrestling and much more!

Photo of Jimmy Valiant by Karl Stern.

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