The group included WCW World Heavyweight Champion Scott Steiner and his valet, Midajah, his brother WCW United States Heavyweight Champion Rick Steiner, Jeff Jarrett, Lex Luger, Buff Bagwell and Road Warrior Animal.
Mid-way through the match, Flair revealed Road Warrior Animal as the mystery man and recruited Jarrett so Steiner could keep his title.
The next night on Nitro, Flair revealed all of this as a plan, announcing the creation of the stable which he initially named "The Elite".
WCW's Commissioner, Ernest Miller, came out and booked the title match, which ended in a disqualification as both sides interfered.
That match ended in no contest as Nash, KroniK, Miller, Scott Steiner, Luger, Bagwell and Animal interfered.
A brawl ensued after the match, while Nash and DDP were knocked out in their locker room after an attack earlier that night.
On the next episode of Nitro, Nash choked Flair in order to make him put Miller in charge that night.
However, Nash held David Flair hostage and blackmailed Ric into booking a rematch between Miller and Storm at SuperBrawl Revenge, and booking a match between Dustin Rhodes and Rick Steiner, where if Dustin would win, he would get reinstated and Nash would get a title shot against Steiner.
At SuperBrawl Revenge, Rick Steiner defended his United States Heavyweight Championship against Dustin Rhodes, Totally Buff defeated KroniK to get a tag titles shot, Ernest Miller won his commissioner job back from Lance Storm, and DDP defeated Jarrett after he lost an impromptu match to Chris Kanyon before the match.
On the March 5 episode of Nitro, Booker T challenged Rick to a United States Championship match, that was ended with an interference from both DDP and Scott; leading to a tag team main event match that ended with a beat-down by Scott on DDP.
On the next episode of Thunder, Flair booked Dustin against both Scott and Jarrett, where Steiner won with his lead pipe only for Booker T to make the save.
The group broke up before the final episode of Nitro, where Booker T won the WCW World Heavyweight Championship from Steiner.