Ted Dibase The " Million Dollar Man" is an American retired professional wrestler, manager, ordained minister and color commentator. He is signed to WWE as of 2023, where he works in their Legends program. DiBiase achieved championship success in a number of wrestling promotions, holding thirty titles during his professional wrestling career. He is best recalled by mainstream audiences for his time in the World Wrestling Federation (WWF), where he wrestled as "the Million Dollar Man" Ted DiBiase. He has been named as one of the best technical wrestlers,and greatest villains, in wresting history.
Ted DiBiase was trained by Dory Funk Jr. and Terry Funk. He made his professional wrestling debut as a referee in June 1974 in the Amarillo territory owned by the Funks. He then went to the Mid-South territory of Bill Watts being promoted as the son of Iron Mike in 1975 where he wrestled for four years. His first match was a loss against Danny Hodge. By February 1978, DiBiase would unseat Dick Slater to become Missouri State champion only to lose to Dick Murdoch after a few weeks on television.
DiBiase also spent time in the Georgia area where he had an early face run. One legendary angle had DiBiase enduring four piledrivers (one on the concrete floor and three in the ring) administered in the WTBS studio arena by The Fabulous Freebirds before his tag team partner, Tommy "Wildfire" Rich, threw in the towel (the angle of DiBiase being badly injured was so real the TBS studio audience could be seen crying). Rich and DiBiase later feuded, leading to a loser leaves town match which DiBiase won, but instead of Rich leaving the area, he donned a mask calling himself "Mister R." The feud culminated in a match between Mister R and DiBiase, Rich appeared from backstage and distracted DiBiase. Mister R then rolled up DiBiase to get the win and unmasked as Brad Armstrong. Both DiBiase and Rich left the territory shortly thereafter.In the early to mid-1980s, DiBiase participated in angles in various territories feuding with the likes of Ric Flair best known from this point in his Mid South return with the likes of Bob Roop, Paul Orndorff, Dick Murdoch, The Fabulous Freebirds and One Man Gang. DiBiase turned heel against the Junkyard Dog and formed a group called The Rat Pack with Jim Duggan and Matt Borne, ran Mid-south for months. Aligning with Skandor Akbar, Dibiase caused a riff with the group, namely Duggan. The two would feud until DiBiase lost a loser leaves town match. He also held various championships.
DiBiase made his return to the WWF as a babyface on May 15, 1987, at a house show in Houston, Texas. He came out to the ring to announce to those in attendance that it was only fitting that he was now competing in the WWF. Moments later The One Man Gang and Slick came to the ring for Gang's scheduled match. The referee had to force DiBiase to leave before there was a confrontation. At the next house show on June 7, DiBiase would have his first match and lose to The One Man Gang. He went on to lose two additional house show confrontations to The Gang. DiBiase would tag-team with Sam Houston on June 26 against The One Man Gang and Ron Bass (Houston had run in to assist DiBiase against The Gang at one of the earlier house show matches); towards the end of the match, DiBiase (kayfabe) turned on and attacked Houston after Houston missed a dropkick on Bass, leaving him to get double-teamed and pinned. His actions during the match served to effectively turn DiBiase heel, right before the onscreen debut of his new gimmick. On a June 27 episode of WWF Superstars, DiBiase had his first vignette. He would now be known as "The Million Dollar Man", a millionaire who wore a gold-studded, dollar-sign-covered suit and, in time, a custom-made, diamond-encrusted and self-awarded "Million Dollar Championship" belt. The Million Dollar Man character was based on the type of wrestler who Vince McMahon would want to be.