The differences in working for WWF and WCW: "The major difference between WCW and the WWF is the WWF is a well-oiled machine that was run very well by Vince McMahon, who had his finger on the button all the time and knew what he was doing. I couldn't say that for WCW, I'm sorry but they were the worst organization, in the time that I was there, it was kind of like too many chiefs and not enough Indians. There were times that we would go on the live show and they didn't even know what they were going to do in the last segment yet."
His thoughts on his son, Ted, Jr. parting ways with WWE last September: "At a place and a time in my life, I was putting my life back together and I really came to understand that there was no amount of money that I could make that was worth being away from my family for any length of time, which is a decision that my son had recently made. I didn't want my sons to wrestle. Not because I didn't love wrestling and the lifestyle, but because of the demand that it takes from you in terms of being away from family."
What is missing in today's wrestling product: "In my opinion, that's the one thing today that's really missing, and again, I'm not taking anything away from John Cena, Cena is a great guy, he is a consummate pro, he is one of the hardest working guys I have ever seen. But, it's like every good run has it's run and I think it's run its course in terms of he has been there so long but what are they gonna replace him with? Where is that next bigger than life superstar? You had Hogan, then you had Austin, then you got the Rock, you had Shawn Michaels, but it's like, where is that next star? That is the question that I'm asking…who is it gonna be?"
Turning down an opportunity to work for the WWF in 1984: "I went back to Atlanta in 1984. This was when Vince was starting to make his move. We did a television in Atlanta and in walks Pat Patterson and they get all the guys together and Pat makes this big announcement of what is about to happen that the WWF was now going to have its show on TBS…I remember Pat saying to the guys there, ‘Now, I don't want any of you to worry, nobody is losing their job, everybody has got a job. So, I got Pat off to the side, and I said, ‘look, with all due respect, you and I have known each other a long time…you and I both know there is a difference in having a job and having a position.' I said, right now, I know you guys have your key guys in position, so I think I'm gonna go back to Mid-South and I am going to wait for a better time. So, I went back to Mid-South in 1984…"
The original plan for WrestleMania 4, him almost becoming WWE Champion, and how plans changed: "The show with the twin referee's at Market Square Arena; the set up for WrestleMania 4 was exactly what it was supposed to be. Andre puts the belt around my waist, basically signifying that he had sold it to me, and I actually wore the belt for about a week or two weeks, then they come out with the Jack Tunney announcement…so they vacate the title and that was the whole idea to set up WrestleMania 4. Now, originally, the thought was that I would in some underhanded way, win at WrestleMania 4. I think there were a couple of things. One thing, the Honky Tonk Man was the Intercontinental Champion and for whatever reason, he didn't want to drop the belt to Randy Savage, which is I think what they originally thought about doing there. I remember Pat Patterson came to me and he said, ‘Ted, what would put more heat on you, if we do what we normally do, your built as a heel and in some underhanded way you get the title and you have the run with Hogan and of course you drop the title then he goes on with somebody else, or you don't win the title at WrestleMania, and eventually, you create your own belt.' In other words, I don't need your title, I am gonna create my own title and I am going to defend it every night. So, I said, ‘That's the...