The last three chapters of Drawing Heat summarizes the death of Wildman’s wrestling business,
which of course was symptomatic of the small time promoter/wrestler across North
America, as well as regional promoters. This was due to the territorial
expansion of McMahon’s empire, with the regionals and locals having draw and
financial problems, as well as cultural changes where American wrestlers were
winning for America—good guys were winning. There were marketing changes with the
advent of Wrestlemania and larger TV audiences. The nature of the fan was drawn
away from the local wrestling shows and local wrestlers themselves, to shows
which featured heretofore unknown intercontinental heroes. The fan base around
the country began to increase due to the “modernization” of wrestling
personalities and media.
It was interesting that Freedman said his image of wrestling
had vastly changed, from first watching arcane antics to now where wrestling
was a nightly gamble. Freedman mentions it was sad to see Wildman beg the arena
manager just for a chance so Wildman could have the opportunity of losing
money!
Later we see Wildman’s economics where all can be overcome
by working harder as this made the biggest difference; labor would save the
year from financial loss. Wildman said he would cut costs, book more dates,
become more focused on the road. This was Wildman’s true economy of man. In the
end, the more Dave / Wildman worked, the deeper the hole he dug. All the while
his costs rose dramatically, arena rents, overhead, and the cycle of not being
able to book first tier wrestlers because he could not afford them. In the end,
after a multi-year valiant struggle, and being $200,000 in the hole, it was Tunney’s new commissioner that got him.