From the time WCW started Monday Nitro, airing head to head against WWF Raw, they offered some innovation to the wrestling business by airing live, showcasing Japanese and Mexican stars, and giving away the results of their competitor. However, some of the stories and characters were still cartoon-ish and reflected 1980’s sensibilities. Starting in the spring of 1996, WCW acquired two new stars, Kevin Nash and Scott Hall,
In the early 90’s Kevin Nash had a short stint in WCW as part of the Master Blasters tag team, under the name Steel. From their he had a silver haired wizard gimmick called OZ, and finally Vinnie Vegas. Scott Hall also had a stint in WCW around the same time under the name Diamond Studd. Neither were very successful in WCW, but both would go on to find success in the WWF. There Nash would wrestle under the name Diesel and become WWF champion, and Hall wrestled under the name Razor Ramon, a pseudo Scarface type character, and become Intercontinental champion. This was in a time when WWF was focusing on younger talent, and older established stars like Hogan and Macho Man had moved to WCW. However, Nitro eventually needed fresh young faces as well.
Eric Bischoff says “Nitro at the time was starting to get some traction. The numbers were growing, revenue was growing, the company was growing you know. We needed some fresh faces, so I contacted Scott hall and Kevin Nash.” (Monday Night Wars documentary episode 2)
Scott Hall was contacted first. WCW offered him a contract for around 1.2 million, for around 120 days of work. Hall says that you could make the same money in WWF, but there you’d work 300 days. Soon Nash was offered a contract as well, but was not eager to go back to WCW. “I had probably the worst three years of my life in WCW.” Nash recalls. “I was happy there and had no desire to leave. (MNW2)” In an attempt to negotiate he told Vince, “This is the offer they gave me….I want to stay, if you can match the offer I’ll stay.(NWO DVD)” Vince explained that if he matched that offer he’d have to do the same for his other big stars. Nash was still hesitant to leave. He explained to his wife that he felt like WWF was his family. His wife, who was six months pregnant at the time, patted herself on the stomach and said “This is your family.”
Scott Hall also left reluctantly. “I felt like I sold out. I wanted that guaranteed money to secure my kid’s future….not to excited about the prospects. (MNW2).” He also recalled some advice he got from a wrestling legend. “Chief Jay Strongbow told us years ago in this business you can make friends or you can make money, and I remember looking at Kev and like kid/xpac and going I’ve already got some friends, I’d like the money.” (NWO DVD)
In retrospect, WCW and Eric Bischoff get criticized for offering guaranteed contracts, but as Bischoff explains “WCW still did not have a great licensing and marketing business. In WWE (then WWF) someone like Nash or Hall could make considerable money from their cut of the licensing and merchandise.We didn’t have that, which was one reason we had to continue guaranteeing contracts.” (Biscoff, 209)
Hall and Nash both saw their WWF contracts end within six days of each other. Once Hall and Nash were on board, Bischoff planted the seed of what would become one of the hottest stories in the history of the business.
Monday Night Wars documentary Episode 2: Rise of the NWO
NWO DVD set from WWE
Eric Bischoff Autobiography, Controversy Creates Cash