1987 IC Title situation

I’m not one to get too carried away with fantasy booking, but two key situations/rumors from 1987 had me thinking…

 

  1. Ricky Steamboat was being punished for asking for time off, and had his reign cut short. Or maybe because him and Savage upstaged Hogan at Mania, but the first seems to be fueled the most.

 

  1. Honkytonk Man won the title in a last-minute changing of the mind, instead of Butch Reed.
     

 

If #1 is true, then what were the long-term plans for the belt? Feuding with Savage through the summer? Does Savage still get the rocket push into the #1(B) babyface role with Hogan about to start taking time off every year? If #2 happened the other way with Reed winning, where does that leave Honkytonk Man? Does he become a flavor-of-the-month villain for Hogan before being knocked back down the card, or does he just ride the midcard train facing other non-title threats like Roberts and Ken Patera? Then what of Butch Reed? Was he that hot of an act to put the title on? In storylines he helped end the career of Superstar Billy Graham later in the year, but other than that, he seemed to have an uneventful run.

​I think that pretty clearly Steamboat was only intended as a transitional champ for SOMEONE, be it Reed or whoever.  Even without his time off he wasn't the kind of guy that Vince was gonna push any harder.  Reed at least had the look and enough cred at that point where he could conceivably win it.  Plus Vince apparently thought that the bleached blond hair on the black guy was hilarious.  ​

Interesting Article on the financial situation in wwe

Hey Scott, I don't know if you've seen this yet but its an interesting read about the damage all of WWE's extra projects have done to the WWE's cash flow. The basic premise is that the reality shows, movie ventures, the network etc have used almost literally all of WWE's on hand cash without bringing anything as far profit back in. This is going to cause the WWE to suspend paying dividends on their stock for very soon. That's extremely significant because the absolute largest draw that stock has is its consistent divided payout. Without that who is going to want that stock? It will be far less valuable. People love to bring up how booking decisions won't hurt the stock price, but not having cash to pay dividends because you wasted it all on bad ventures (not saying the network but certainly the film studio and if divas really is a cost as the analyst here says…wow) is going to hurt it badly.
Here's the link: http://seekingalpha.com/article/2872636-wwe-burning-through-cash-and-running-out-of-options Thanks
​A lot of it seems to veer towards the obvious (you mean the movie and TV division WASN'T a great idea?) but I didn't realize that Total Divas was such a money sink. ​