*** Welcome to piglix ***

Million Dollar Championship

The Million Dollar Championship
Milllion Dollar Championship.jpg
The Million Dollar Championship
(February 1989–November 2010).
Details
Promotion WWF/E
Date established February 15, 1989
Date retired November 15, 2010

The Million Dollar Championship was an unsanctioned professional wrestling championship in WWE (formerly the World Wrestling Federation) created for The "Million Dollar Man" Ted DiBiase. The Million Dollar belt was designed by Terry Betteridge of Betteridge Jewelers in Greenwich, Connecticut. It is gold plated, made with cubic zirconia, with three small diamonds on the back. It cost around $125,000.

Ted DiBiase was unable to win the WWF Championship, having lost the final match of the WWF Championship tournament at WrestleMania IV to "Macho Man" Randy Savage. During the Summer of 1988 DiBiase teamed with André the Giant, in a team known as "The Mega Bucks", while chasing the WWF Championship.

A frustrated DiBiase decided that if he couldn't win or buy the WWF Championship he would purchase his own championship belt. In 1989, DiBiase unveiled a new championship belt, which he called the Million Dollar Championship. This belt never was officially sanctioned by the WWF, and DiBiase would rarely put his "title" on the line in matches.

Jake "The Snake" Roberts stole the belt during their feud in early 1990. This also led to a face turn for the Big Boss Man who resented his manager Slick selling his services to DiBiase in order to retrieve the belt from Roberts. After attacking Jake and stealing the bag containing the belt and Roberts's pet python, Damien, DiBiase, the Boss Man and Slick headed for The Brother Love Show where DiBiase bragged about buying the Boss Man's services. The Boss Man then told both Slick and DiBiase that he couldn't be bought and immediately returned the bag to Roberts, who had been left handcuffed to the ring ropes. The Boss Man then released Roberts, walked back to the Brother Love set, pushed Slick, and again told an irate Million Dollar Man that he couldn't be bought before walking off to the cheers of the crowd, cementing his face turn. DiBiase had his bodyguard Virgil get the belt back from Roberts back at WrestleMania VI after Jake was counted out during their match at the SkyDome.


...
Wikipedia

...