In hindsight, how’d WCW not do a tournament for the vacant belt? They had Sting, Luger, Windham, Koloff, Austin, Rick Steiner, AA, and Beautiful Bobby on the card- that would make for a pretty great bracket. Add in Yellow Dog/Johnny B. Badd and Morton/Gibson in between rounds and you have a decent to good show instead of the show we got.
To add SOME degree of fairness, it was a last minute situation and people were panicked, so you can't 100% blame them for not coming up with anything good. But Luger v. Windham should have been good! Doing a tournament when everyone was still gonna dog it and the fans were turning on every match wouldn't have fixed the problem at all.