| Money Inc. | |
|---|---|
| Tag team | |
| Members | Ted DiBiase Irwin R. Schyster Jimmy Hart (manager) |
| Name(s) | Money Inc. Money Incorporated |
| Billed heights | DiBiase: 6 ft 3 in (1.91 m)[1] Schyster: 6 ft 2 in (1.88 m)[2] |
| Combined billed weight | 508 lb (230 kg)[1][2] |
| Debut | February 7, 1992 |
| Disbanded | August 30, 1993 |
Money Inc. was aprofessional wrestlingtag team in theWorld Wrestling Federation (WWF) from February 1992 to August 1993. The team consisted of"Million Dollar Man" Ted DiBiase andIrwin R. Schyster (I.R.S.). They held theWWF Tag Team Championship three times, defeating theLegion of Doom,the Natural Disasters andthe Steiner Brothers for the title. In addition they had a feud withthe Mega-Maniacs (Hulk Hogan andBrutus Beefcake). After Money Inc. split up, DiBiase and Schyster were reunited in twostables, theMillion Dollar Corporation and theNew World Order, and have made several television appearances during special episodes ofRaw.
Both DiBiase and Schyster hadgimmicks that focused on money. Schyster, whose initials spelledI.R.S., portrayed an evil taxaccountant.[3] DiBiase had used the gimmick of an arrogant millionaire in the WWF since 1987. He called himself the "Million Dollar Man" and created his own championship belt, theMillion Dollar Championship.[4] He was involved inangles that included purchasing theWWF Championship, purchasing actual people such asNikolai Volkoff andSapphire[5] Sapphire began appearing in segments where she would do favors for DiBiase, including ironing his money.[5] She left the WWF a short time later.,[5] and paying wrestlers and fans to perform demeaning tasks.[6][7] The WWFcreative team decided that the two characters fit well together and made the decision to pair them together in late 1991.[8] In February 1992, a storyline began in whichJimmy Hart, who had been managingThe Natural Disasters (Earthquake andTyphoon), turned against his team. In return for a bribe,[9] he gave his team's contract for aWWF Tag Team Championship match againstLegion of Doom (LOD) to Money Inc.[10]
DiBiase and Schyster, managed by Hart, defeated LOD at ahouse show on February 7, 1992 inDenver,Colorado, to win the title.[11][12] This title win was unusual for professional wrestling, as Money Inc. had not yet debuted as a team on WWF television programming.[13] In addition, the decision to give the championship belts to Money Inc. was made in a hurry, as LOD'sHawk had failed a drug test.[13] The wrestlers were unaware until that night that the title would change hands, and Money Inc.'s win was not immediately acknowledged on television, as WWF programming was taped in advance.[13] The Natural Disasters, upset by Hart's assistance to a rival tag team, fired Hart as theirmanager and turnedface, beginning afeud with Money Inc. over the WWF Tag Team Championship.[14]
Not wanting to carry two championship belts, Ted DiBiase returned the Million Dollar Championship to the WWF, telling an executive that he would no longer appear with the belt.[15] Money Inc. defended their tag team title against The Natural Disasters atWrestleMania VIII on April 5 and lost the match bycountout.[16] Because titles can only change hands viapinfall orsubmission, Money Inc. retained the belts. Over the next few months, the teams faced each other in rematches on television and at house shows, but Money Inc. managed to retain the title.[17]
After Hawk's suspension ended, the Legion of Doom was given a rematch against Money Inc. atSummerSlam 1992. The match was promoted as a championship bout, but the Natural Disasters beat Money Inc. for the title a month before the pay-per-view.[12] At SummerSlam on August 29, the Legion of Doom won the match whenAnimal pinned DiBiase.[5]
At the October 13, 1992Wrestling Challenge taping, Money Inc. faced The Natural Disasters in a rematch for the WWF Tag Team Championship. The match originally pitted the Disasters againstthe Nasty Boys, who were also managed by Hart, but at the last minute, Hart replaced them with Money Inc. Because of this, the Nasty Boys split with Hart and attacked Money Inc. before the match. Later on,the Headshrinkers interfered on behalf of Money Inc. and helped DiBiase make Earthquake submit to theMillion Dollar Dream, thereby winning Money Inc. the Championship.[18][19] After the match, the Nasty Boys again attacked Jimmy Hart.[5][19] At the1992 Survivor Series on November 25, Money Inc. and theBeverly Brothers faced the Nasty Boys and the Natural Disasters in an 8-man elimination tag team match. During the match, Money Inc. eliminated the Natural Disasters, butJerry Sags of the Nasty Boys then pinned I.R.S. to win the match.[5] This was the only major victory The Nasty Boys got over Money Inc., as they failed to win the tag team title in several shots on television and at house shows in late 1992 into early 1993.[19][20]
On the February 15, 1993 airing ofMonday Night Raw, Ted DiBiase wrestled against Brutus "The Barber" Beefcake. Beefcake had sustained areal-life injury to his face in 1990. While Beefcake was wrestling his first match in two and a half years, DiBiase and Schyster attacked him.[5] DiBiase held Beefcake for Schyster to hit him in the face with a briefcase, but Jimmy Hart repeatedly got in the way before Schyster shoved him out of the ring.[5] I.R.S. then hit Beefcake in the face with the briefcase.[5] Hart justified hisface turn by claiming that he felt the need to "step up and do the right thing" and that he "had a change of heart".[21]
Shortly thereafter,Hulk Hogan made his return to WWF television, and he teamed with Beefcake to formThe Mega-Maniacs with Hart as their manager.[5] Hogan and Beefcake challenged Money Inc. for the WWF Tag Team Championship atWrestleMania IX. During the match, thereferee sustained akayfabe injury and was knocked unconscious. Hart jumped into the ring, turned his jacket inside-out to reveal black and white stripes similar to a referee's shirt, and made the three-count to give the match to The Mega-Maniacs.[22] Hogan, Beefcake, and Hart celebrated by opening Schyster's briefcase and throwing his money into the crowd.[22] A second referee (Danny Davis) then appeared, and the Mega-Maniacs weredisqualified because Hogan had used Beefcake's steel face protector as a weapon.[5][23]
Money Inc. feuded with TheSteiner Brothers in the spring of 1993. At the1993 King of the Ring, The Steiner Brothers andThe Smokin' Gunns defeated Money Inc. and The Headshrinkers in an 8-man tag team match.[24] The following day, June 14, 1993, the Steiners defeated Money Inc. for the WWF Tag Team Championship.[12] Two days later, Money Inc. regained the titles,[12] only todrop them back to the Steiners three days later.[12] Although Money Inc. received several rematches, they were unable to win the belts back from the Steiners.[20]
After failing to regain the WWF Tag Team Championship, Money Inc. began a feud withRazor Ramon. DiBiase had been making fun of Ramon over his upset loss to the1-2-3 Kid, and even offered Ramon a job as hisservant.[5] Ramon was furious with DiBiase and turned face during their feud.[5] Soon after, Ramon distracted DiBiase in a match against the 1-2-3 Kid, causing the Million Dollar Man an embarrassing loss of his own.[20] AtSummerSlam 1993, Razor Ramon defeated Ted DiBiase in what would be DiBiase's last WWF match.[25] Later in the event, I.R.S. defeated the 1-2-3 Kid.[25] DiBiase went on a leave of absence for several months,[11] and Schyster returned to singles competition, feuding with Ramon.[5] After a brief run in All Japan Pro Wrestling, DiBiase retired as an active wrestler.
Mike Rotunda, who portrayed Schyster, and Ted DiBiase continue to be close friends in real life,[26] and they have reunited on several occasions following the disbanding of Money Inc. In 1994, DiBiase formed theMillion Dollar Corporation, astable of heel wrestlers. Schyster was one of the first wrestlers to join the group and remained in the stable until leaving the WWF in 1995.[5] According to wrestlerTatanka, Rotunda's brother in-lawBarry Windham (whom Rotunda was in theU.S. Express with in the 1980s) was supposed to return to the WWF and form the "New Money Inc." and again team with Schyster and have a long feud with Windham's long time rivalLex Luger and Tatanka who Schyster was feuding with and Schyster and Windham were gonna be managed by DiBiase, but Windham suffered a knee injury fromRic Flair inWCW which forced him out of the deal.
In 1996, DiBiase and Rotunda (the latter as V.K. Wallstreet) were briefly together again inWorld Championship Wrestling as members of theNew World Order.[27]
Money Inc. made a surprise one-night return atRawFamily Reunion on October 9, 2006. They joinedArn Anderson andRowdy Roddy Piper to assistRic Flair, who was facingMitch. They prevented the rest of Mitch'sSpirit Squad from getting involved in the match, helping Flair secure the victory.[28]
At the15th Anniversary special edition ofMonday Night Raw on December 10, 2007, Money Inc. had a brief reunion during a 15-man over-the-top-ropebattle royal. After I.R.S. was the last man standing out of the 14 wrestlers that made it to the ring, DiBiase came out as the 15th entrant and paid I.R.S. to eliminate himself. As a result, DiBiase was named the winner of the match.[29] They were also reunited on an episode of RAW in 2010 where they fought with fellow legends after a match between DiBiase's sonTed DiBiase andChristian.
