The Millionaire's Club Explained

Article Name:The Millionaire's Club
Type:S
Members:See below
Debut:April 10, 2000
Disbanded:July 9, 2000

The Millionaire's Club was a professional wrestling stable in World Championship Wrestling (WCW) in 2000.

History

In early 2000, WCW decided that Kevin Sullivan's booking style was not as successful as they had hoped. So, they decided to bring back former WCW president Eric Bischoff and former head of creativity Vince Russo, putting them together to run WCW with the thought that they could keep each other's failures in check.[1]

On-screen, Bischoff and Russo took over and declared all WCW championships vacant on April 10, 2000. They also declared a new stable with both of them at the helm called The New Blood. The new stable was a follow up to the recent nWo 2000 group and consisted of most of the younger, up-and-coming wrestlers in WCW along with longtime talent that had never been pushed for years. Their main enemies became known as the Millionaire's Club, the older veteran stars of the company who they claimed held back the younger talent. The idea was to get the younger talent over and generate more interest among the younger fans that watched the World Wrestling Federation (WWF) instead of WCW, although it later evolved into a New World Order (nWo) rehash. Many argue that a primary reason the WWF defeated WCW in the Monday Night War is because they greatly put over new talent rather than relying so heavily on long-established veterans. As such, this was seen as an overly extreme and late attempt at that strategy.

On April 16, 2000, at Spring Stampede in Chicago, Illinois, all of the titles were filled with matches between the New Blood and the Millionaire's Club. The feuds continued for another month or so before both factions disbanded due to WCW management deciding the angle was not working due to it backfiring, as the Millionaire's Club got most of the positive fan reaction.

The true end of the angle occurred on July 9 at Bash at the Beach, after Russo's infamous worked shoot promo, which caused Hulk Hogan and Bischoff to leave the promotion. However, the New Blood theme continued in WCW coinciding with the New Blood Rising pay-per-view in August 2000.

Members

MemberJoinedLeft
Ric Flair (co-leader)
  • I
April 10, 2000June 12, 2000
Hulk Hogan (co-leader)
  • II
April 10, 2000July 9, 2000
Kevin NashApril 10, 2000July 9, 2000
Diamond Dallas PageApril 10, 2000June 12, 2000
StingApril 10, 2000July 9, 2000
Sid ViciousApril 10, 2000April 11, 2000
Curt HennigApril 10, 2000May 7, 2000
Lex LugerApril 10, 2000May 29, 2000
Associates of the Millionaire's Club

One night only. May 17th WCW Thunder

Championships and accomplishments

Notes and References

  1. Web site: Djeljosevic . Danny . 2021-01-22 . WCW's New Blood vs. Millionaire's Club Storyline, Explained . 2022-07-17 . TheSportster . en-US.