WCW was once the second-most popular wrestling/sports-entertainment promotion in the United States (and even beat its chief rival, WWE, for a decent stretch of time), but it made so many mistakes that Wrestlecrap and Figure Four Weekly were able to write a book about the company's downfall (The Death of WCW). The sheer amount of terrible angles, Gimmick Matches, backstage politics, Vince Russo booking, and horrendous business decisions led to a company worth $500,000,000 and backed by Ted Turner becoming a hollow shell of a promotion bought by Vince McMahon for just $3,000,000.