Money Inc. was a

professional wrestling Professional wrestling is a form of theater that revolves around staged wrestling matches. The mock combat is performed in a ring similar to the kind used in boxing, and the dramatic aspects of pro wrestling may be performed both in the ring or ...

tag team Tag team wrestling is a type of professional wrestling in which matches are contested between teams of multiple wrestlers. Tag teams may be made up of wrestlers who normally wrestle in singles competition, but more commonly are made of establish ...

in the

World Wrestling Federation World Wrestling Entertainment, Inc., d/b/a as WWE, is an American professional wrestling promotion. A global integrated media and entertainment company, WWE has also branched out into other fields, including film, American football, and var ...

(WWF) from February 1992 to August 1993. The team consisted of "Million Dollar Man" Ted DiBiase and

Irwin R. Schyster Lawrence Michael Rotunda (born March 30, 1958) is an American retired professional wrestler. He is best known for his appearances with the World Wrestling Federation and World Championship Wrestling in the 1980s and 1990s under the ring names Mik ...

(I.R.S.). They held the WWF Tag Team Championship three times, defeating the

Legion of Doom The Legion of Doom is a group of supervillains who originated in '' Challenge of the Super Friends'', an animated series from Hanna-Barbera based on DC Comics' Justice League. The Legion of Doom has since been incorporated into the main DC Univer ...

the Natural Disasters The Natural Disasters were a professional wrestling tag team composed of Earthquake (John Tenta) and Typhoon (Fred Ottman) who worked in the World Wrestling Federation between 1991 and 1993. They won the WWF Tag Team Championship once. Formatio ...

and

the Steiner Brothers The Steiner Brothers are an American professional wrestling tag team consisting of brothers Robert "Rick Steiner" Rechsteiner and Scott "Scott Steiner" Rechsteiner. The brothers wrestled as amateurs at the University of Michigan. The team ma ...

for the title. In addition they had a feud with

the Mega-Maniacs The Mega-Maniacs was the World Wrestling Federation tag team of Hulk Hogan and Brutus "The Barber" Beefcake that had two distinct runs as a team, one in 1989 and another one in 1993. History Hulk Hogan and Brutus Beefcake began their careers mo ...

(

Hulk Hogan Terry Eugene Bollea (; born August 11, 1953), better known by his ring name Hulk Hogan, is an American retired professional wrestler. He is widely regarded as the most recognized wrestling star worldwide and the most popular wrestler of the 19 ...

and Brutus Beefcake). After Money Inc. split up, DiBiase and Schyster were reunited in two

stables A stable is a building in which livestock, especially horses, are kept. It most commonly means a building that is divided into separate stalls for individual animals and livestock. There are many different types of stables in use today; the ...

, the Million Dollar Corporation and the New World Order, and have made several television appearances during special episodes of '' Raw''.

Career

Formation

Both DiBiase and Schyster had

gimmicks A gimmick is a novel device or idea designed primarily to attract attention or increase appeal, often with little intrinsic value. When applied to retail marketing, it is a unique or quirky feature designed to make a product or service "stand out ...

that focused on money. Schyster, whose initials spelled I.R.S., portrayed an evil tax

accountant An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certifi ...

. 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, the Million Dollar Championship. He was involved in

angles The Angles ( ang, Ængle, ; la, Angli) were one of the main Germanic peoples who settled in Great Britain in the post-Roman period. They founded several kingdoms of the Heptarchy in Anglo-Saxon England. Their name is the root of the name ...

that included purchasing the

WWF Championship The WWE Championship is a world heavyweight championship created and promoted by the American professional wrestling promotion WWE, representing the Raw brand division. It is one of two world titles on WWE's main roster, alongside SmackDow ...

, purchasing actual people such as Nikolai Volkoff and

Sapphire Sapphire is a precious gemstone, a variety of the mineral corundum, consisting of aluminium oxide () with trace amounts of elements such as iron, titanium, chromium, vanadium, or magnesium. The name sapphire is derived via the Latin "sa ...

Sapphire began appearing in segments where she would do favors for DiBiase, including ironing his money. She left the WWF a short time later., and paying wrestlers and fans to perform demeaning tasks. The WWF

creative team Creative may refer to: *Creativity, phenomenon whereby something new and valuable is created * "Creative" (song), a 2008 song by Leon Jackson * Creative class, a proposed socioeconomic class * Creative destruction, an economic term * Creative dir ...

decided that the two characters fit well together and made the decision to pair them together in late 1991. In February 1992, a storyline began in which

Jimmy Hart James Ray Hart (born January 1, 1944) is an American professional wrestling manager, executive, composer, and musician currently signed with WWE in a Legends deal. He is best known for his work in the World Wrestling Federation (WWF) and Worl ...

, who had been managing

The Natural Disasters The Natural Disasters were a professional wrestling tag team composed of Earthquake (John Tenta) and Typhoon (Fred Ottman) who worked in the World Wrestling Federation between 1991 and 1993. They won the WWF Tag Team Championship once. Formatio ...

(

Earthquake An earthquake (also known as a quake, tremor or temblor) is the shaking of the surface of the Earth resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves. Earthquakes can range in intensity, fr ...

and

Typhoon A typhoon is a mature tropical cyclone that develops between 180° and 100°E in the Northern Hemisphere. This region is referred to as the Northwestern Pacific Basin, and is the most active tropical cyclone basin on Earth, accounting for a ...

), turned against his team. In return for a bribe, he gave his team's contract for a WWF Tag Team Championship match against

(LOD) to Money Inc.

Tag Team Championships

DiBiase and Schyster, managed by Hart, defeated LOD at a

house show A house show or live event is a professional wrestling event produced by a major Professional wrestling promotion, promotion that is not televised, though they can be recorded. Promotions use house shows mainly to cash in on the exposure that t ...

on February 7, 1992 in

Denver Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...

Colorado Colorado (, other variants) is a state in the Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of the ...

, to win the title. This title win was unusual for professional wrestling, as Money Inc. had not yet debuted as a team on WWF television programming. In addition, the decision to give the championship belts to Money Inc. was made in a hurry, as LOD's

Hawk Hawks are birds of prey of the family Accipitridae. They are widely distributed and are found on all continents except Antarctica. * The subfamily Accipitrinae includes goshawks, sparrowhawks, sharp-shinned hawks and others. This subfa ...

had failed a drug test. 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. The Natural Disasters, upset by Hart's assistance to a rival tag team, fired Hart as their

manager Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activitie ...

and turned

face The face is the front of an animal's head that features the eyes, nose and mouth, and through which animals express many of their emotions. The face is crucial for human identity, and damage such as scarring or developmental deformities may aff ...

, beginning a

feud A feud , referred to in more extreme cases as a blood feud, vendetta, faida, clan war, gang war, or private war, is a long-running argument or fight, often between social groups of people, especially families or clans. Feuds begin because one par ...

with Money Inc. over the WWF Tag Team Championship. 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. Money Inc. defended their tag team title against The Natural Disasters at WrestleMania VIII on April 5 and lost the match by

countout Professional wrestling is a form of theater that revolves around staged wrestling matches. The mock combat is performed in a ring similar to the kind used in boxing, and the dramatic aspects of pro wrestling may be performed both in the ring or ...

. Because titles can only change hands via

pinfall In wrestling, a pin is achieved by holding an opponent's shoulders to the mat for a three count. Pinfall is the term used in professional wrestling which is a way to win the match for that person or team. Background A pinfall is a victory condi ...

submission Deference (also called submission or passivity) is the condition of submitting to the espoused, legitimate influence of one's superior or superiors. Deference implies a yielding or submitting to the judgment of a recognized superior, out of re ...

, 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. After Hawk's suspension ended, the Legion of Doom was given a rematch against Money Inc. at SummerSlam 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. At SummerSlam on August 29, the Legion of Doom won the match when

Animal Animals are multicellular, eukaryotic organisms in the biological kingdom Animalia. With few exceptions, animals consume organic material, breathe oxygen, are able to move, can reproduce sexually, and go through an ontogenetic stage ...

pinned DiBiase. At the October 13, 1992 '' Wrestling Challenge'' taping, Money Inc. faced The Natural Disasters in a rematch for the WWF Tag Team Championship. The match originally pitted the Disasters against the 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 the

Million Dollar Dream Professional wrestling holds include a number of set moves and pins used by performers to immobilize their opponents or lead to a submission. This article covers the various pins, stretches and transition holds used in the ring. Some wrestlers use ...

, thereby winning Money Inc. the Championship. After the match, the Nasty Boys again attacked Jimmy Hart. At the 1992 Survivor Series on November 25, Money Inc. and the Beverly 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, but Jerry Sags of the Nasty Boys then pinned I.R.S. to win the match. 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.

Feud with The Mega-Maniacs

On the February 15, 1993 airing of ''

Monday Night Raw ''WWE Raw'', also known as ''Monday Night Raw'' or simply ''Raw'', is an American professional wrestling television program produced by WWE that currently airs live every Monday at 8 p.m. ET on the USA Network in the United States. The show ...

'', Ted DiBiase wrestled against Brutus "The Barber" Beefcake. Beefcake had sustained a

real-life Real life is a phrase used originally in literature to distinguish between the real world and fictional, virtual or idealized worlds, and in acting to distinguish between actors and the characters they portray. It has become a popular term on the ...

injury to his face in 1990. While Beefcake was wrestling his first match in two and a half years, DiBiase and Schyster attacked him. 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. I.R.S. then hit Beefcake in the face with the briefcase. Hart justified his

turn by claiming that he felt the need to "step up and do the right thing" and that he "had a change of heart". Shortly thereafter,

made his return to WWF television, and he teamed with Beefcake to form

The Mega-Maniacs The Mega-Maniacs was the World Wrestling Federation tag team of Hulk Hogan and Brutus "The Barber" Beefcake that had two distinct runs as a team, one in 1989 and another one in 1993. History Hulk Hogan and Brutus Beefcake began their careers mo ...

with Hart as their manager. Hogan and Beefcake challenged Money Inc. for the WWF Tag Team Championship at WrestleMania IX. During the match, the

referee A referee is an official, in a variety of sports and competition, responsible for enforcing the rules of the sport, including sportsmanship decisions such as ejection. The official tasked with this job may be known by a variety of other tit ...

sustained a

kayfabe In professional wrestling, kayfabe, as a noun, is the portrayal of staged events within the industry as "real" or "true", specifically the portrayal of competition, rivalries, and relationships between participants as being genuine and not staged. ...

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. Hogan, Beefcake, and Hart celebrated by opening Schyster's briefcase and throwing his money into the crowd. A second referee (Danny Davis) then appeared, and the Mega-Maniacs were disqualified because Hogan had used Beefcake's steel face protector as a weapon.

Final Tag Team Championship

Money Inc. feuded with The Steiner Brothers in the spring of 1993. At the 1993 King of the Ring, The Steiner Brothers and

The Smokin' Gunns The Smoking Gunns were a professional wrestling tag team of kayfabe brothers Billy Gunn (Monty Sopp) and Bart Gunn (Mike Polchlopek). They portrayed cowboys in the World Wrestling Federation (WWF) from 1993 to 1996. As a team, the Smoking Gunns w ...

defeated Money Inc. and The Headshrinkers in an 8-man tag team match. The following day, June 14, 1993, the Steiners defeated Money Inc. for the WWF Tag Team Championship. Two days later, Money Inc. regained the titles, only to drop them back to the Steiners three days later. Although Money Inc. received several rematches, they were unable to win the belts back from the Steiners. After failing to regain the WWF Tag Team Championship, Money Inc. began a feud with Razor Ramon. DiBiase had been making fun of Ramon over his upset loss to the 1-2-3 Kid, and even offered Ramon a job as his

servant A domestic worker or domestic servant is a person who works within the scope of a residence. The term "domestic service" applies to the equivalent occupational category. In traditional English contexts, such a person was said to be "in service ...

. Ramon was furious with DiBiase and turned face during their feud. 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. At SummerSlam 1993, Razor Ramon defeated Ted DiBiase in what would be DiBiase's last WWF match. Later in the event, I.R.S. defeated the 1-2-3 Kid. DiBiase went on a leave of absence for several months, and Schyster returned to singles competition, feuding with Ramon. After a brief run in All Japan Pro Wrestling, DiBiase retired as an active wrestler.

Reunions

Mike Rotunda, who portrayed Schyster, and Ted DiBiase continue to be close friends in real life, and they have reunited on several occasions following the disbanding of Money Inc. In 1994, DiBiase formed the Million Dollar Corporation, a

stable A stable is a building in which livestock, especially horses, are kept. It most commonly means a building that is divided into separate stalls for individual animals and livestock. There are many different types of stables in use today; the ...

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. In 1996, DiBiase and Rotunda (the latter as V.K. Wallstreet) were briefly together again in

World Championship Wrestling World Championship Wrestling, Inc. (WCW) was an American professional wrestling promotion founded by Ted Turner in 1988, after Turner Broadcasting System, through a subsidiary named Universal Wrestling Corporation, purchased the assets of Nati ...

as members of the New World Order. Money Inc. made a surprise one-night return at Raw Family Reunion on October 9, 2006. They joined

Arn Anderson Martin Anthony Lunde (born September 20, 1958), better known by the ring name Arn Anderson, is an American professional wrestling road agent, author, and retired professional wrestler. He is currently signed to All Elite Wrestling (AEW) as a ...

and

Rowdy Roddy Piper Roderick George Toombs (April 17, 1954 – July 31, 2015), better known as "Rowdy" Roddy Piper, was a Canadian professional wrestler, amateur wrestler, and actor. In professional wrestling, Piper was best known to international audiences for his ...

to assist

Ric Flair Richard Morgan Fliehr (born February 25, 1949), known professionally as Ric Flair, is an American professional wrestler. Regarded by multiple peers and journalists as the greatest professional wrestler of all time, Flair has had a career spanni ...

, who was facing

Mitch Mitch is a short form of the masculine given name Mitchell. It is also sometimes a nickname, usually for a person with the surname Mitchell. It may refer to: People * Mitch Altman (born 1956), hacker and inventor * Mitch Apau (born 1990), Dutc ...

. They prevented the rest of Mitch's

Spirit Squad The Spirit Squad was an American professional wrestling stable in World Wrestling Entertainment (WWE) consisting of Kenny, Mikey, Johnny, Mitch, and Nicky. The team's ring personas were those of an all-male cheerleading squad. Before forming ...

from getting involved in the match, helping Flair secure the victory. At the 15th Anniversary special edition of ''Monday Night Raw'' on December 10, 2007, Money Inc. had a brief reunion during a 15-man over-the-top-rope

battle royal Battle royal (; also royale) traditionally refers to a fight involving many combatants that is fought until only one fighter remains standing, usually conducted under either boxing or wrestling rules. In recent times, the term has been used in a ...

. 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. They were also reunited on an episode of RAW in 2010 where they fought with fellow legends after a match between DiBiase's son

Ted DiBiase Theodore Marvin DiBiase Sr. (born January 18, 1954) is an American retired professional wrestler, manager, ordained minister and color commentator. He is currently signed to WWE working in their Legends program. DiBiase achieved championship ...

and

Christian Christians () are people who follow or adhere to Christianity, a monotheistic Abrahamic religion based on the life and teachings of Jesus Christ. The words ''Christ'' and ''Christian'' derive from the Koine Greek title ''Christós'' (Χρι ...

Championships and accomplishments

** WWF Tag Team Championship ( 3 times) *''

Pro Wrestling Illustrated ''Pro Wrestling Illustrated'' (''PWI'') is an American internationally sold professional wrestling magazine that was founded in 1979 by publisher Stanley Weston. ''PWI'' is headquartered in Blue Bell, Pennsylvania, and published by Kappa Publish ...

'' **PWI ranked them No. 61 of the 100 best tag teams during the "PWI Years" in 2003

References

External links

* * {{good article WWE teams and stables WWE World Tag Team Champions