Although it concerns Georgia Championship Wrestling, I put this post here due to GCW's eventual affiliation with the North Carolina-based Jim Crockett Promotions.
Okay, with that clarification out of the way... I’m trying to keep straight some facts, which is nearly impossible the way some of the old territories changed hands in ownership so many times - particularly the whole “NWA thing.” I need some of you experts to clarify a few facts for me.
Below are clips from the notorious “Black Saturday,” in which Vince McMahon Jr. announced his/WWF’s involvement with GCW after purchasing the Briscoe’s stock shares. The old man began airing his WWF shows in the GCW time-slot on the Turner network and the mid-south fans farted on it. Vince eventually sold his time-slot to Jim Crockett, who began airing his JCP/NWA product, which really took off after McMahon’s flop. From what I understand, Vince sold only
his Saturday night time-slot - NOT THE GCW COMPANY - to Crockett.
Now, here’s where it gets fuzzy… Vince apparently bought the rights to the GCW library as part of his WCW purchase in 2001. That implies that GCW shifted ownership from Vince to Crockett to Turner, then back to Vince.
My question is: didn’t Vince retain the rights to Georgia if he never sold the company to JCP?
Furthermore, Grady Odum (one of the original GCW owners, along with the Briscoe‘s and Paul Jones)
attempted to reform the Georgia “territory” with a series of shows last year. So, how the hell can he be the owner and/or use the GCW name if Vince has everything?
Any insight would be appreciated.
This shit is confusing!!