Ted is the adopted son of wrestler \"Iron\" Mike DiBiase who was Italian. DiBiase eliminated Roberts after pinning him with help from Virgil before being pinned himself by Hogan. In response, his mother suffered from depression and alcoholism, so DiBiase was moved to Willcox, Arizona to live with his grandparents. National Wrestling Alliance and return to MSW / Universal Wrestling Federation (1980–1987), All Japan Pro Wrestling (1983–1987, 1993), Second return to WWE (2004–2008, 2009–2019), WWE Hall of Fame and sporadic appearances (2009–present). Soon a feud with Savio Vega leads to a match, 1996-04-28, stipulating that if Austin loses Dibiase must leave the WWF. His actions during the match served to effectively turn Dibiase heel, right before the onscreen debut of his new gimmick. His adoptive father Mike died of a heart attack in the ring when DiBiase was 15. DiBiase continued to feud with Hercules; the two had a series of matches including a match that DiBiase won on the February 3 The Main Event II. As each week went by pretty soon Eric isn't the announcer anymore, he becomes part of the NWO and I just went to him one day and told him I'm not just going to walk out there and be Hulk Hogan's Virgil, you hired me to be the spokesperson for this, so if that's not what I'm going to do you can send me home. Ted was born to Helen Nevins, a wrestler, and Ted Wills, a singer and entertainer, but in 1959 was legally adopted by Mike “Iron” DiBiase, also a wrestler, so it is no wonder that he was predestined to became successful in wrestling. The Million Dollar Man character was based on the type of wrestler that Vince McMahon would want to be. DiBiase claimed that Hercules was his slave but started feuding with him after Hercules turned face. His first big in-ring angle came in late 1987 on an episode of Superstars of Wrestling, where he announced his plan to buy the WWF World Heavyweight Championship from Hulk Hogan, as Hogan refused and said that DiBiase would have to defeat him in the ring for the championship belt. The reason for the bye was a double-elimination of Hulk Hogan and André the Giant when they both were disqualified in their match, with DiBiase meant to face the winner. Before Steve Austin was Stone Cold, he was known as The Ringmaster and he was managed by Ted DiBiase. The referee had to force DiBiase to leave before there was a confrontation. He held the WWF World Heavyweight Championship once, although recognition of this reign was withdrawn by the company. Triple H was a aristocrat called Hunter Hearst Helmsley They defended the title against the Natural Disasters at WrestleMania VIII and lost the match by count-out, thus retaining the title. Theodore Marvin DiBiase Sr. (born January 18, 1954)[2] is an American retired professional wrestler, manager, ordained minister and color commentator. DiBiase then defeated Brutus Beefcake, Ken Patera, Ron Bass, and Randy Savage to win the 1988 King of the Ring tournament, receiving his first WWF success. He appeared on the Slammy Awards episode of Raw on December 12 alongside fellow legend Mick Foley, and presented the "Holy %&@*# Move of the Year" award, which was won by Mark Henry and Big Show. 61 of the top 100 tag teams of the "PWI Years" with Steve Williams, Stan Hansen, and, This page was last edited on 14 April 2021, at 23:37. At the time it wasn't a big deal to me, I was just doing my job. Although pro-heel commentator Jesse "The Body" Ventura served as the guest referee, Hogan pinned DiBiase to win the match. The Million Dollar Corporation (Irwin R. Schyster, Nikolai Volkoff, Ted DiBiase's Undertaker, Tatanka, Bam Bam Bigelow, Kama, King Kong Bundy, Sycho Sid, 1-2-3 Kid, Xanta Klaus) Syxx Austin eventually became DiBiase's Million Dollar Champion, carrying Ted's classic custom belt with him. DiBiase lost the Million Dollar Championship to Virgil at SummerSlam when Virgil smashed his head into an exposed turnbuckle and pinned him to get the victory. Ted DiBiase: The Million Dollar Man, p.147, Ted DiBiase with Tom Caiazzo, Pocket Books, New York, NY, 2008. A few weeks after WrestleMania, DiBiase attacked Roberts on WWF Superstars of Wrestling after Roberts defeated Virgil in a match. Regarding the end of his in-ring wrestling career: This included a match at SummerSlam between DiBiase and Ramon which DiBiase lost. DiBiase made an appearance at an IPW show in Newton, Iowa on July 14, 2006, where he watched his sons' tag team match. Sensational Sherri, who earlier in the night had turned on a losing Randy Savage, came down midway through the match to help DiBiase and became his full-time valet. '”- Ted Dibiase stated. RELATED: 10 Wrestlers Who Were Managed By Their Actual Spouses That gimmick didn't really work out, so Austin pushed for something new and "Stone Cold" Steve Austin was born. Less than a few months later, on the August 4, 1997, episode of Nitro, he made a face turn and began managing The Steiner Brothers, leading them to two World Tag Team Championships. DiBiase was announced as the first inductee of the WWE Hall of Fame Class of 2010 on the February 8 episode of Raw. DiBiase participated in the 1991 King of the Ring tournament drawing with Ricky Steamboat in the first round. However, WWF President Jack Tunney declared DiBiase was not the champion, as he did not win the title by pin or submission, and said that because Andre had surrendered the title, it was therefore vacant. 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