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| The History of the World Wrestling Federation Part 1: The Early Days The World Wrestling Federation traces its history back to the Golden Age of Wrestling. Vincent J. McMahon, like his father before him, promoted wrestling matches in the Northeast. McMahon along with promoter Joseph "Toots" Mondt promoted shows under membership with the National Wrestling Alliance (NWA), which at the time was the largest and most recognized wrestling promotion around with regional promoters throughout the country. In the beginning of 1963, the NWA Champion was Buddy Rogers. As the champion his bookings were handled by Toots Mondt. Promoters in other parts of the country were upset that Mondt rarely let Rogers defend the title outside of Mondt's own Northeastern promotion. Mondt and McMahon wanted to separate from the NWA, keep Rogers and the title. Rogers however had a $25,000 deposit on the belt and did not want to forfeit it. So on January 24, 1963 Rogers lost the NWA title to Lou Thesz in Toronto, OT. Mondt and McMahon began to promote shows independent from the NWA under their new name the World Wide Wrestling Federation (WWWF). The story that was given to the fans was that the promoters disputed the decision in the Rogers/Thesz match since Thesz won the title in a one-fall match rather than a best-of-three falls (at the time most if not all title matches were best of three falls.) In mid-April of 1963 Rogers was recognized as the first WWWF World Heavyweight Champion. He had "won" a fictitious tournament in Rio de Janeiro, Brazil. Rogers suffered a mild heart attack prior to a title defense in New York, NY on May 17, 1963. Due to his condition he was defeated by Bruno Sammartino in 48 seconds. Rogers retired after that match though returned to the ring in 1967. Sammartino would go on to be the standard bearer for the WWWF, holding the title until 1971. In 1971 the WWWF rejoined the NWA as a regional promotion. The WWWF World Titles were dropped in status to a regional title and the NWA Champion was recognized as the World Champion. During the 1970's Vince McMahon's son, Vincent K. McMahon began to work for the promotion as a broadcaster. In 1979, the WWWF changed its name to the World Wrestling Federation (WWF) as it is known today. The name change had nothing to do with the ownership. However, ownership would soon change hands and in 1982, Vincent K. McMahon, purchased Capitol Wrestling Corp. (the legal entity of the WWF) from his father and formed Titan Sports as the parent company of the promotion. Vince Jr. would implement changes that would change the way the wrestling business was run. |
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