Wrestling/{{WCW}} was once the second-most popular wrestling/sports-entertainment promotion in the United States (and even ''beat'' its chief rival, Wrestling/{{WWE}}, for a decent stretch of time), but it made so many mistakes that Website/{{WrestleCrap}} and Figure Four Weekly were able to write a book about the company's downfall (''Literature/TheDeathOfWCW'').

The sheer amount of terrible angles, GimmickMatches, backstage politics, Wrestling/VinceRusso's booking, and horrendous business decisions led to a company worth $500,000,000 and backed by Ted Turner becoming, in a few short years, a hollow shell of a promotion bought by [[{{Wrestling/VinceMcMahon}} Vince McMahon]] for just $3,000,000.
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!!Examples:

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[[folder:Championships]]
* To promote the film ''Ready To Rumble'', WCW allowed actor David Arquette to win their heavyweight title, keep it for a good clip of time, then [[FaceHeelTurn turn heel]] as part of one giant ShockingSwerve (with overzealous announcer Tony Schiavone branding it "the ''ultimate'' swerve"). This was the angle that cemented booker VinceRusso as being certifiably insane amongst wrestling fans. Even [[OnlySaneMan Arquette]] protested it, since he ''[[GenreSavvy knew]]'' it would [[XPacHeat infuriate the fans]], but it was in his contract. Arquette also quietly donated the paychecks he received during his WCW tenure to the families of Wrestling/OwenHart, Wrestling/BrianPillman, Bobby Duncum Jr., Brian Hildebrand (all deceased), and Darren "Droz" Drozdov (paralyzed from the waist down following an in-ring accident).
* As bad as David Arquette as WCW champion was, it was only the second most idiotic championship reign in WCW history -- second only to ''VinceRusso's''. Yes, Russo gave ''himself'' the WCW Championship not long after he gave it to Arquette. Unlike Arquette, he felt absolutely no regret for doing it and could've stopped it from happening at any time because he was one of the bookers. VinceRusso is, to this day, one of the most despised figures in wrestling. Imagine that.
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[[folder:Pay-Per-Views]]
* There's WCW's ''Great American Bash 1991'' PPV, which had the entire Baltimore audience switching back and forth between two reactions--sitting on their hands and chanting "''WE WANT FLAIR!''" ('''especially''' during the main event) to protest RicFlair's firing from WCW just days before the event. Flair, meanwhile, would join the WWF, taking the NWA World Heavyweight Championship with him (because he wasn't paid back the $25,000 deposit he put down on the belt when he received it for the first time) and calling himself "The ''Real'' World's Heavyweight Champion" (a TakeThat aimed at then-WWF champ HulkHogan and at booker Jim Herd, who was running WCW at the time).
* The real "beginning of the end" may have taken place about a month prior to ''Starrcade 1997''. In a backstage locker room meeting, Eric Bischoff declared that VinceMcMahon would be out of business ''within six months'', then declared that HulkHogan, RoddyPiper, and RandySavage are his only real draws (in an attempt to reign in ScottHall and KevinNash's egos). Bischoff's boast does little to reign in Hall and Nash's egos ''and'' it alienates Ric Flair in the process. Six months later, Flair ignores Russo's orders and skips WCW Thunder due to family matters, having given Russo a lot of advanced notice. Having assumed he was already fired as a result, he skips the following Nitro to boot. At that point exactly, WCW Nitro's long winning streak in the ratings war came to a halt.
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[[folder:Angles and Gimmicks]]
* [[http://www.youtube.com/watch?v=y5oMiqJRVqs&feature=fvwrel The Shockmaster]], a wrestler whose career literally ended in seconds. For weeks, a mystery man had been built up as the difference maker in a huge WCW feud. During the mystery man's introduction on a WCW pay-per-view, The Shockmaster broke through a wall (he was big and strong, see?)...and tripped over a two-by-four some stagehand nailed to its edge. He fell on his face and his ''[[WTHCostumingDepartment purple glittery Stormtrooper helmet]]'' fell off, revealing Fred Ottman, aka Tugboat or Typhoon. The angle (and Ottman's career, and the crowd's applause) ended right then and there. RicFlair and Davey Boy Smith had to flee the stage to keep from corpsing; only Sid Eudy could keep any sense of composure during it all.
* Russo and Ed Ferrara's angle of "[[http://www.youtube.com/watch?v=265cQznMJbI Oklahoma]]", which consisted of Ferrara dressing up as a parody of Wrestling/JimRoss complete with BBQ sauce and mocking JR's Bell's palsy (and calling matches just by yelling things repeatedly), was a [[DudeNotFunny completely tasteless gag]] that nobody thought was funny; many people within the company (including Wrestling/RicFlair) were outright pissed that Russo and Ferrara would do something so utterly crass. You can even hear Tony Schiavone utter a legitimately shocked "[[NoJustNoReaction Oh]], ''[[NoJustNoReaction no]]''." the first time Oklahoma came out during ''Mayhem 1999'', and he seems beside himself the whole time the mockery is going on. Even Ed Ferrara has since admitted that the whole thing was in horrible taste. When Wrestling/JimCornette slapped him across the face, he admitted that he deserved it rather than retaliating.
* [[http://en.wikipedia.org/wiki/Fingerpoke_of_Doom The Fingerpoke of Doom,]] a self-induced HumiliationConga that many see as directly responsible for WCW's collapse in 2001. It started with the main event--Hulk Hugan, Kevin Nash, and the poke in question, which knocked Nash over and allowed Hulk to pin him, marking the reunion of the NWO. Soon after, Tony Schiavone gave away the results of MickFoley's WWF championship match, sarcastically claiming it would "put some butts in seats." Immediately half a million fans changed the channel to [[WWeRAW RAW]] and the live audience threw bottles and refuse into the ring. For months after, fans migrated to RAW shows in droves, bearing signs reading "MickFoley put my ass in this seat." Worse, since WCW ran longer than RAW by ten minutes, whoever came back after seeing Foley's match was treated to one of the worst matches in their history, killing interest from an even bigger portion of the viewership.
* The famous attempt to play BookerT and his brother Stevie Ray as what appeared to be '''slaves''' (they were called "The Posse" and supposed to be convicts). Stevie was to be called "Kole" and Booker was to be called "Kane". This was tried at a house show and met with such vehemence that it never made it to TV, as the image of two black men in shackles led to the ring by Col. Rob Parker (a rich white Southerner) [[UnfortunateImplications raised way too many red flags]]. Booker and Stevie did initially come out as Kane and Kole, just not with the slave gimmick.
* The infamous "Drunk ScottHall" angle from 1998 is seen as this by many [[HarsherInHindsight now]], with no help whatsoever from [[RealLifeWritesThePlot Real Life Writing The Plot]]. Lowlights included Hall collapsing and stumbling around the ring (often while slurring promos), some very awkward "acting" from other wrestlers (especially KevinNash) and, of course, Hall "vomiting" on Eric Bischoff. Hall's ex-wife went so far as to write [[http://www.fortunecity.com/olympia/wolfpac/107/hall.html an open letter]] on the subject, which says ''something'' regardless of Hall's more recent problems.
* It seems ironic that WCW tried to regain the lead in the MondayNightWars through one man whom WWE had reused earlier with limited success, The UltimateWarrior. Warrior's stint in WCW did not go well, from a needlessly long and confusing introduction dashed with various motifs blatantly stolen from ''Batman'' to his lacking in-ring skills, fans were treated to a show that was goofier than ever. The climax was a notoriously bad match between Warrior and HulkHogan at ''Halloween Havoc 1998'', which Hogan won after a cheap run-in. Just to make things that little bit worse, Warrior had a number of perks and high pay hardly matching his lax workload in his contract. Also of note is that Davey Boy Smith badly injured himself on a trap door that Warrior used to enter the ring, was hospitalized for more than six months with a severe spinal injury and a full-body staph infection (requiring a body cast) and was later fired via Fed Ex. While training to make a comeback in WWE as a result, Smith developed an addiction to painkillers that caused his death by heart attack in 2002.
* In the summer of 2000, WCW began advertising something that would happen at The Great American Bash pay per view that would "change the face of professional wrestling forever". What it turned out to be was turning Wrestling/{{Goldberg}} heel. Goldberg was the top drawing wrestler and top face in the company at the time, and the massive credibility loss from their thing that would change the face of wrestling forever being a simple heel turn didn't help the company at all. As an added bonus, Goldberg had ''hated'' the idea of turning heel and dragged his heels as much as he could when it came to doing anything actually heelish, and the fans weren't inclined to start booing him anyway. When Goldberg suffered an injury the whole thing got cut short, and when he came back he was back to being a face.
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[[folder:Other]]
* Jim Herd was the president of WCW during the early part of the 1990s. He had no previous experience with wrestling, and despite Flair being a world-famous World Champion, was convinced that Flair was too old to draw. First he tried to {{retool}} Flair into a Roman gladiator named Spartacus (to which Kevin Sullivan famously replied "while we're doing this, why don't we go down to Yankee Stadium and change Mickey Mantle's number?"). Then he simply fired Flair. The problem? Flair was WCW World Heavyweight Champion at the time. And since he had put down a $25,000 deposit on the belt, which WCW did not refund to him after he was fired, Flair decided he owned the physical title belt. He then showed up on WWF television with the WCW belt. Flair went on to be promoted as "The Real World Champion" by heel manager Wrestling/BobbyHeenan and work a great (and financially successful) program with Hulk Hogan. WCW, on the other hand, was devastated by the loss of their top draw and their inability to find anyone to replace him. At the nadir, fans were ignoring the actual matches and chanting "We Want Flair". Herd would eventually resign in disgrace.
* In the 1990s, Tony Schiavone was an adequate, if not good, commentator with a pair of bad habits in irrational exuberance and calling just about every move he didn't know the name of either a "sidewalk slam" or a "face jam". But as WCW hit the skids and management began to fall apart, so did Schiavone's commentary. Part of this was due to the EnforcedMethodActing that WCW used on the commentators to keep their commentary "more spontaneous" - they never allowed them to see the pre-taped segments, so they would then not know how to sell them and make stupid comments. However, Schiavone was bad enough on his own. He proclaimed every episode of ''Nitro'' to be "[[ItsTheBestWhateverEver the greatest (moment/night/event) in the history of our sport!]]", for which he ([[MemeticMutation and the phrase]]) was mocked mercilessly by [[SmartMark smarks]] and [[{{Fan}} marks]] alike. He also proclaimed just about everything "the most shocking swerve ever" after Wrestling/VinceRusso came in. This went over even less well, and was so mocked it became [[ShockingSwerve a Trope of its own]].
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