On the latest episode of his “Everybody’s Got A Pod” show, WWE Hall of Famer Ted DiBiase discussed the Million Dollar Championship Belt that was specifically made for him in WWE.
The luxurious title was specifically designed for DiBiase, who only had a maiden run as WWE Champion. The iconic title has since been used for various wrestlers that the Million Dollar Man has managed over the years.
According to DiBiase, the Million Dollar Championship was worth $40,000 in 1998.
You can check out some highlights from the podcast below:
On the creation of the title: “Just so all you fans know, because I get this question all the time, ‘well, how much is that? Is it real?’ I said, ‘it’s not. It’s not real diamonds. It’s not solid gold.’ But all the stones in that belt are what they call cubic zirconium. And that’s that they’re almost diamonds. I don’t know what. I don’t know what the difference is between a diamond and almost a diamond, but I know all those little diamonds in the face of that belt. The little ones back in 1988 were 50 bucks a piece.”
On the title’s value at the time: “The estimated value of the $1,000,000 belt in 1988 was $40,000. My goodness, yeah. And I carried it. What I did, what I did is I took a Halliburton briefcase and I gutted it and I’ll say I did, but what they did for me and they put foam padding in it and they made a ring box. Basically out of a briefcase and the $1,000,000 belt would sit right down there perfectly. You know, fold it up and that’s how I carried it around, and like I said, its estimated value is $40,000 and it was, insured.”
