If you watched this moment, you will never forget it. In March 2001, Vince McMahon appeared on the USA Network and TNT simultaneously to announce that he had purchased World Championship Wrestling. It all stemmed back from his lawsuit against WCW over the Scott Hall and Kevin Nash trademarks. McMahon had dropped the lawsuit in exchange for being guaranteed first crack at purchasing WCW should it ever come up for sale. That moment happened on March 23, 2001 when McMahon purchased WCW for only $3 million. Chris Jericho remarked that he would have bought it if he had known the price was going to be so low. The wrestlers contracts were actually with AOL/Time-Warner, not WCW, so McMahon wasn't even on the hook for any contracts except the ones he chose. In the most bizarre night of the Monday Night War, Nitro put on its final, somber episode from Panama City Beach, Florida while Vince McMahon gloated from Cleveland, Ohio. The final shot of WCW Nitro was Shane McMahon standing in the ring and proclaiming that he had purchased WCW, starting the infamous Invasion angle that would go on to be one of the biggest flops in the history of professional wrestling. https://www.youtube.com/watch?v=3O2cU2V1ORg The final score at the end of the Monday Night Wars was 154 ratings victories for Raw, 112 for Nitro, and three ties.
