The world of sport is packed with nations of winners and losers. And the world of sports leagues is no different. Every few years, a billionaire with too much money, time, and confidence opts to invest in the high risk, high reward professional sports market. And as a result, the sports league graveyard continues to grow.
These days, our metaphorical sports cemetery pays tribute to generations of poorly planned associations. Thereâ€™s failed professional wrestling leagues, a few defunct hockey associations, a lot of things with X in the name, and even the sports league equivalent to Frankensteinâ€™s monster, Slamball.
Today, we pay tribute to our fallen sports league comrades. Because, although most of these leagues were half-baked, poorly planned or both, reading (and writing) about the failures of others is always a great confidence booster.
This is the FilthyRich tribute to the world of failed sports leagues.
World Championship Wrestling
Itâ€™s important to note that not all of the entries on this list were complete disasters. Some of them are merely casualties of a more successful competitor.
Ted Turnerâ€™s professional wrestling promotion, WCW, enjoyed a ton of economic success in the mid-nineties. Executive Producer Eric Bischoff rode the success of established pro wrestlers like Hulk Hogan, Randy Savage, Kevin Nash, Scott Hall, and Sting. Unfortunately, a slew of bad booking/business decisions, tumultuous backstage politics, and an overreliance on past stars all led to WCW slipping from the number one wrestling promotion.