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Money Inc. was a heel professional wrestling tag team in the World Wrestling Federation (WWF) from February 1992 to August 1993 consisting of "The Million Dollar Man" Ted DiBiase and Irwin R. Schyster (I.R.S.).

History[]

Formation (1991)[]

Ted DiBiase and Irwin R. Schyster were paired by the WWF creative team, who believed that DiBiase's egotistical millionaire persona would pair well with Schyster's tax collector persona. DiBiase & Schyster made their first appearance as a team on June 22, 1991, defeating Roddy Piper & Virgil. The pair then made their first television appearance on the November 17, 1991 episode of Wrestling Challenge in another victory, this time over The Bushwhackers (Butch Miller & Luke Williams).

First Tag Team Championship reign (1992)[]

DiBiase & Schyster got their first shot at the WWF Tag Team Championship in February after The Natural Disasters's (Earthquake & Typhoon) manager, Jimmy Hart, turned on his team and, in exchange for a bribe, gave DiBiase & Schyster a contract for a title opportunity. Making their debut as Money Inc., DiBiase & Schyster defeated The Legion of Doom (Hawk & Animal) on February 7, 1992 to win the WWF Tag Team Championship. After winning the championship, DiBiase forfeited his Million Dollar Championship to the WWF so he could focus on the tag team championship.

Money Inc. then began a feud with The Natural Disasters, who were furious about Jimmy Hart's betrayal, which lead to a match at WrestleMania VIII. At WrestleMania, Money Inc. were defeated by count out, allowing them to retain the WWF Tag Team Championship. Money Inc. would go on to retain the championship against the likes of The Bushwhackers, The Natural Disasters, and High Energy (Koko B. Ware & Owen Hart) in the build-up to SummerSlam 1992. Money Inc. were scheduled to face The Legion of Doom in a rematch for the title at SummerSlam, however, DiBiase & Schyster were defeated in a dark match by The Natural Disasters on the August 8, 1992 episode of WWF Superstars, ending their 164 day reign.

Second Tag Team Championship reign (1992-1993)[]

Money Inc. still faced The Legion of Doom at SummerSlam 1992, in a bout without any titles involved, but were defeated. DiBiase & Schyster eventually got their rematch against The Natural Disasters on the November 1, 1992 episode of Wrestling Challenge. Money Inc. were attacked before the match by The Nasty Boys (Brian Knobbs & Jerry Sags), another team managed by Jimmy Hart, who were originally scheduled to face The Natural Disasters but were replaced with DiBiase & Schyster by Hart. During the match, The Headshrinkers (Samu & Fatu) interfered to help Money Inc. win the match and the title for a second time.

Money Inc. defended the WWF Tag Team Championship against The Ultimate Maniacs (Randy Savage & The Ultimate Warrior) at Saturday Night's Main Event XXXI, retaining the title again after losing by count out, before teaming with The Beverly Brothers (Beau Beverly & Blake Beverly) in a Survivor Series match against The Nasty Boys and The Natural Disasters at Survivor Series 1992. Money Inc. & The Beverly Brothers were defeated after Sags pinned Schyster while he was celebrating eliminating The Natural Disasters.

On the February 15, 1993 episode of Raw, DiBiase faced Brutus Beefcake, but was disqualified after he and Schyster attacked Beefcake. DiBiase then held Beefcake, urging Schyster to hit him with his briefcase, however, Jimmy Hart tried to intervene, turing face in the process. Hart was eventually thrown out of the ring by Schyster, before he hit Beefcake with the briefcase. When Hulk Hogan made his return, he joined forces with Brutus Beefcake and Jimmy Hart to form The Mega-Maniacs, beginning a feud with Money Inc.

At WrestleMania IX, Money Inc. defended the WWF Tag Team Championship against The Mega-Maniacs, winning after Danny Davis disqualified Hulk Hogan for using Beefcake's face protector as a weapon. Money Inc. then began a feud with The Steiner Brothers (Rick Steiner & Scott Steiner), who ended Money Inc.'s 244 day reign as champions on June 14, 1993.

Third Tag Team Championship Reign and Break-up (1993)[]

Just two days after losing the WWF Tag Team Championship, Money Inc. won them back from The Steiner Brothers on June 16, 1993. However, three days later on June 19, 1993, The Steiner Brothers won the championship back from Money Inc., cutting their third reign short. After losing the championship, Money Inc. had a number of rematches against The Steiner Brothers, including a Steel Cage match at WWF SummerSlam Spectacular 1993, but were unsuccessful in winning the title.

Money Inc. eventually began a feud with Razor Ramon, after DiBiase offered a job as his servant to Ramon following his loss to The 1-2-3 Kid. During the feud, Ramon became a fan favourite and cost DiBiase a match against The 1-2-3 Kid. The feud culminated at SummerSlam 1993, where Ramon defeated DiBiase, and Schyster defeated The 1-2-3 Kid. DiBiase would then be absent for months, eventually retiring from wrestling, effectively breaking up the team.

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 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 as members of the New World Order.

Money Inc. made a surprise one-night return at Raw Family Reunion on October 9, 2006. Ric Flair had a match against Mitch of the Spirit Squad. All five members of the Spirit Squad were present, so Flair brought out Rowdy Roddy Piper, Money Inc., and Arn Anderson as his backup. Flair's allies kept the Squad in check, enabling Flair to win the match.

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. 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 and Christian.

In wrestling[]

Championships and accomplishments[]

  • PWI ranked them #61 of the 100 best tag teams during the "PWI Years" in 2003

External links[]

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