Who Owns Memphis Wrestling?By Coder| August 31, 2023 Wrestling Who Owns Memphis Wrestling? In the world of professional wrestling, the ownership of promotions often changes hands. Memphis Wrestling, a historic promotion based in Memphis, Tennessee, is no exception. Over the years, several individuals and organizations have taken ownership of this iconic promotion. The Early Years Memphis Wrestling was founded in 1948 by Roy Welch and Nick Gulas. The promotion gained popularity in the 1970s and 1980s under the ownership of Jerry Jarrett and Jerry Lawler. They were instrumental in shaping the wrestling landscape in Memphis and beyond. Jerry Jarrett Jerry Jarrett, a former wrestler himself, co-founded Memphis Wrestling with his father-in-law, Welch. Under his leadership, Memphis Wrestling became known for its unique style of storytelling and wild characters. Jarrett played a crucial role in building alliances with other promotions like Continental Championship Wrestling and World Class Championship Wrestling. Jerry Lawler Jerry Lawler is an iconic figure in professional wrestling history. Not only was he one of the most recognizable faces on-screen as a wrestler but he also became an owner of Memphis Wrestling alongside Jarrett. Lawler’s charisma and in-ring abilities helped elevate Memphis Wrestling to new heights. The Turner Era In 1993, Memphis Wrestling faced a significant change in ownership when it was purchased by Ted Turner’s World Championship Wrestling (WCW). This acquisition marked a new era for the promotion as it gained access to WCW’s vast resources and television platform. WCW Ownership Under WCW’s ownership, Memphis Wrestling experienced both success and challenges. While WCW provided financial backing and exposure through its television programs like “WCW Monday Nitro,” it also introduced a different style of wrestling that was unfamiliar to the Memphis audience. The End of WCW’s Ownership Unfortunately, WCW faced financial difficulties in the early 2000s, leading to its eventual demise. As a result, Memphis Wrestling once again found itself in need of new ownership. The Present Day Currently, Memphis Wrestling is owned by Championship Wrestling from Hollywood (CWFH). This California-based promotion acquired the rights to Memphis Wrestling and has been working diligently to preserve its rich history while adapting to the ever-changing landscape of professional wrestling. CWFH Ownership Under CWFH’s ownership, Memphis Wrestling has experienced a resurgence in popularity. They have focused on promoting local talent and showcasing exciting matches that pay homage to the traditions established by Jarrett and Lawler. The Future of Memphis Wrestling As with any wrestling promotion, the future ownership of Memphis Wrestling is uncertain. However, one thing is certain – the legacy of this historic promotion will continue to captivate audiences and inspire future generations. In conclusion, Memphis Wrestling has seen various owners throughout its storied history. From Jerry Jarrett and Jerry Lawler’s influential reign to being part of WCW’s empire and now under the ownership of CWFH, this promotion has remained a cornerstone in professional wrestling. Its enduring legacy is a testament to the passion and dedication of those who have owned and operated it over the years.
