Originally posted by ntrots:
I thought the NWA became the WCW. Additionally I recall Flair buying into the NWA and carrying the rights over to WCW. Any truth?
Uhhh ... we sorta covered this a time or two but hey what the heck.
Short, sleepy, gin-soaked version:
National Wrestling Alliance founded in 1948 by small group of midwestern promoters as a cooperative network of independent booking offices and promoters.
Both the Capitol Wrestling Corporation and Jim Crockett Promotions eventually join the NWA.
Capitol drops out of the NWA in 1963 and does business as the World Wide Wrestling Federation (WWWF). They eventually rejoin the NWA. The WWWF title is revoked of its World title status and the NWA World champ is given recognition in all arena programs (although the NWA champ only appears on a few occasions in the late 70s).
The WWWF (which shortens its name to the WWF in 1979) drops out of the NWA once again when Vincent Kennedy McMahon buys out his father Vincent James McMahon.
McMahon proceeds to put promotions out of business left and right. Many sell out to Jim Crockett Promotions (JCP).
JCP eventually becomes the "last true survivor" in the war against the WWF in the U.S. and people start to think of JCP and the NWA as one and the same (even though it's still just one member promotion).
JCP is sold to Turner in late 1988. The company becomes World Championship Wrestling, Inc. and maintains its membership in the NWA.
New Japan Pro Wrestling, which had left the NWA several years earlier, rejoins the NWA.
After a court battle in 1993, WCW leaves the NWA. New Japan, which is affiliated with WCW, leaves the NWA as well.
The NWA continues, just as it was in 1948, as a cooperative network of independent booking offices and promoters.
ECW joins and leaves the NWA.
The NWA carries on.
I have no idea what you're talking about in regards to Flair "buying in." He owned a piece of the Knoxville NWA office in the early 80's and held the big gold belt (that Jim Crockett bought, then sold to Turner along with the rest of JCP) as hostage to get his NWA bond money back.
Jim Herd screwed him out of the money when he fired Flair. Watts gave it to him and the belt was returned. WCW and New Japan then co-sponsored a tournament in Tokyo to crown a new NWA champion.
The NWA and WCW titles were never unified.