It was established in 1993 to honor wrestlers who began their careers long before the 1990s, mostly alumni of the National Wrestling Alliance (NWA)'s Jim Crockett Promotions (JCP) territory, the predecessor of WCW.
Wrestlers were inducted by Gordon Solie, a senior commentator in professional wrestling, and received their plaque during the "Legends Reunion" segment at WCW's May pay-per-view event, Slamboree.
[5] During the following Hall of Fame ceremony on May 22, 1994, at Slamboree 1994 at Civic Center in Philadelphia, Pennsylvania, Harley Race led the Class of 1994.
[6] Ole Anderson, The Crusher, posthumous inductee Dick the Bruiser, Ernie Ladd, and Masked Assassin were also inducted that year.
[7] Also inducted that year were posthumous inductee Big John Studd, Terry Funk, Antonio Inoki, Angelo Poffo, Dusty Rhodes, and Gordon Solie.