Win Lose or Draw

VINCE MCMAHON IS out of touch. He’s the new Verne Gagne. His competition is the cool alternative. His superstars are defecting. His company is in peril.

I’ve been hearing those kinds of comments over the past couple of years. I remember vividly when those statements were being made in 1997. In the fall of that year, the PWI offices received calls from inside sources suggesting the WWF was on the verge of bankruptcy. It was even worse than what the newsletters were reporting at the time.

Bret Hart’s contract was up for renegotiation and WCW would certainly make a larger offer. was amid its 83-week ratings winning streak against. The outlook was bleak.