It was first introduced by the promotion while an affiliate of the Frontier Wrestling Alliance (2001-2004) and later recognized by AWA Superstars (2005-2007).
The title is traditionally defended in an annual tournament, typically held in December, although it has been occasionally defended in singles matches during the year.
The inaugural champion was The Kamakazi Kid, who defeated Brass Munkey in a tournament final on December 12, 2002 to become the first FWA-Carolinas Rising Generation League Champion.
The Kamakazi Kid and Ultra Dragon both hold the record for longest title reign at 378 days each.
[1] Roo D. Lewis' only reign was the shortest in the history of the title lasting only 76 days.