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Ted's World Championship Wrasslin'


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JCP's efforts to keep up with the exploding popularity of the WWF in the late 1980s was an expensive, and fruitless, venture, leading the company to the brink of bankruptcy. It wasn't one single incident that lead to JCP almost closing it's doors, it was many, with some saying things began to go downhill when Magnum T.A. got into a near-fatal, career-ending car accident in 1986. Magnum, who was set to defeat NWA World Heavyweight Champion Ric Flair just months later, would set a chain of events in motion that would cause a domino effect.

 

It wasn't until November 1988 that Jim Crocket sold majority interest to Ted Turner. Saving JCP from bankruptcy and keeping the wrestling careers of many workers active, Turner re-branded JCP after it's flagship show - World Championship Wrestling. Now under the ownership of billionaire Ted Turner, World Championship Wrestling has new life.

 

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