Eric Bischoff: Ted Turner Laughed His Ass Off At The ‘Billionaire Ted’ Skits
During the Monday Night Wars, WWE and WCW often traded shots back and forth on WWE Raw and WCW Nitro.
While Eric Bischoff might give results away, WWE would air “Billionaire Ted” skits that poked fun at Ted Turner, “The Nacho Man” Randy Savage, ” The Huckster” Hulk Hogan.
“I kept gnawing at [Vince] and hitting him and doing everything I could to get him to react, and he did. They started doing the Billionaire Ted skits. That was the first real sell. I finally got him to react, which means he was off balance. When I first saw them, it’s like, ‘Let’s tape these things. I gotta run them up to Ted.’ We brought them up to Ted and he laughed his ass off. He thought they were funny as hell,” said Bischoff on “Mr. McMahon.”
The “Billionaire Ted” skits eventually came to an end, but the Monday Night Wars didn’t end until 2001 when WWE purchased WCW.
Elsewhere during the documentary, McMahon commented on his decision to not hire Eric Bischoff in 1990. You can find his full comments by clicking here.
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Janel Grant, a former WWE employee, filed a lawsuit in January against Vince McMahon, WWE, and John Laurinaitis. The lawsuit accuses McMahon of sexual assault and sex trafficking. On May 30, Grant agreed to pause the lawsuit for six months while the federal investigation continued against McMahon, who resigned from TKO/WWE following the lawsuit being filed.
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