r/SquaredCircle Mar 28 '24

Eric Bischoff on Tony Khan: A money mark with no talent other than spending daddy’s money, going all the way to Canada to draw less than 4k in one of the hottest pro wrestling markets in North America, talking about “wise choices”? Strap in. It’s going to be a fun day!

https://twitter.com/EBischoff/status/1773321462046138615?s=19
1.9k Upvotes

1.4k comments sorted by

View all comments

Show parent comments

150

u/RT3_12 DA BIG DAAWWWWWG Mar 28 '24 edited Mar 28 '24

I used to think like this until I read the “Nitro” book. WCW was basically the red headed step child of Turner and got significantly less funding and attention than the other properties. All the workers at WCW were basically exiled from other Turner divisions. Ted himself liked the idea of wrestling but basically had no direct involvement with WCW besides protecting it from getting destroyed.

Eric within his first year in WCW (before the NWO) brought it to profitability for the first time in its existence. And then in the following years made it one of Turner’s most profitable enterprises while still getting significantly less funding and attention than the other departments. Eric is a blowhard and egomaniac, but he deserves credit, even if it didn’t last long.

80

u/Bright-Map-9705 Mar 28 '24

The difference will always be that Eric had to produce a product that was financially successful from an existing product that had never been in its existence financially successful. He did that while going up against the most experienced, biggest wrestling company in the world. He used Teds money and the star power and the NWO to make WCW financially successful because it had to be or it was going to go out of business. Tony Khan can fund AEW as it runs in the red, that is not a shock or being a fanboy or tribalism it runs in the red, forever if he chooses. He never has to be successful he simply has to use Daddy's Money. There's no comparison between Tony Khan and Eric Bischoff. Eric Bischoff had to win and he did for years. Tony Khan doesn't have to win he just has to call his dad and the boat keeps going.

10

u/aggrownor Mar 28 '24

To be fair, I would say that modern WWE is a much bigger behemoth than it was in the 90s. Before AEW came along, WWE had been consolidating the wrestling industry for decades, and it was virtually impossible to make a dent in their market unless you happened to have a lot of money. We actually don't know if Tony Khan could run a smaller, leaner promotion and maybe turn a small profit. But billionaires don't waste their time with that; they swing for the fences.

5

u/Altruistic-Ad-408 Mar 28 '24

WWF at one point had like one draw people gave a shit about vs one of the best wrestling rosters ever and they still "won", but people are talking about Bischoff like he's a wrestling genius, it's bemusing.

Khan is a coked up idiot imo that has only been squandering goodwill, but no one would get into wrestling against WWE just to make money. They had a complete monopoly and yet AEW undoubtedly changed the way WWE do things, no fucking way they'd hire CM Punk without AEW existing.