Million Dollar Championship

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Million Dollar Championship
Current champion(s):
Date won:
Promotion:	WWF (unsanctioned)
Brand:
Date created:	February 15, 1989
Date retired:	May 28, 1996
Other name(s):
Most reigns:	Ted DiBiase (2)
First champion(s):	Ted DiBiase

The WWF Million-Dollar Championship was an unsanctioned title in the World Wrestling Federation created by The "Million Dollar Man" Ted DiBiase 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 "Mega Bucks", while chasing the WWF Championship.

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 title was never official and therefore unsanctioned by the WWF, and rarely did DiBiase defend his "title".

As the title was never sanctioned by the WWF, WWF championship match rules did not apply to matches where the Million Dollar Championship was defended. The ruling affected many of the championship matches, including at WrestleMania VI, where DiBiase defeated Jake Roberts via countout to win the Million Dollar Championship.

As part of his feud with "Rowdy" Roddy Piper DiBiase's servant Virgil turned face and trained with Piper to face DiBiase at SummerSlam 1991 for the title, which Virgil won, making him the only wrestler to win the title.

During DiBiase's second title reign he abandoned the title when he won the WWF Tag Team Championship on February 7, 1992 with IRS.

Ted DiBiase would later go on to award the title to his newest protegé "Ringmaster" Steve Austin on his arrival in the WWF in early 1996. After his protegé lost a match against Savio Vega on May 28, 1996, which forced DiBiase to leave the WWF Austin abandoned the Million Dollar Championship, as he became "Stone Cold" Steve Austin

Wrestler: Times: Date: Location: Notes: Ted DiBiase 1 February 15, 1989 Binghamton, New York DiBiase had the title created for himself and unveiled the belt on the Brother Love Show on the March 4, 1989 edition of Superstars. Virgil 1 August 26, 1991 New York City, New York Won the title at SummerSlam. Ted DiBiase 2 November 11, 1991 Utica, New York Aired on Survivor Series Showdown on November 24. DiBiase abandoned the title upon winning the WWF Tag Team Championship with Irwin R. Schyster on February 7, 1992 in Denver, Colorado. The Ringmaster 1 December 18, 1995 Newark, Delaware The title was awarded to The Ringmaster by DiBiase on the Brother Love Show on the January 8, 1996 edition of Monday Night RAW. Austin abandoned the title following DiBiase leaving the WWF on May 28, 1996.

List of individual reigns

Wrestler Days Held Date Won Date Lost Ted DiBiase 992 February 15, 1989 August 26, 1991 The Ringmaster 152 December 18, 1995 May 18, 1996 Ted DiBiase 88 November 11, 1991 February 7, 1992 Virgil 77 August 26, 1991 November 11, 1991

List of combined reigns

Rank Wrestler # Of Reigns Combined Days 1. Ted DiBiase 2 1080 2. The Ringmaster 1 152 3. Virgil 1 77