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The National Wrestling Alliance World championship belt, which had been in Ric Flair's possession since Jim Crockett Promotions introduced the "big gold belt" in the mid-1980s, will be auctioned off by Highspots via Ebay this Monday. This is the belt that was originally worn by Jack Brisco, Dusty Rhodes and Harley Race, among others, which was chronicled in the excellent "Ten Pounds of Gold" book that was released this past summer.
The decision to auction off the belt is apparently the latest maneuver in an ongoing issue between Highspots and Flair over money owed going back many months. The word that has been making the rounds, as previously noted on the site, is that Highspots loaned Flair a sum that has yet to be paid back. Sources indicate that Flair's side claimed the debt was paid off via appearances Flair made for Highspots.
Sources indicate another part of the ongoing issues may be over Highspots' decision to release DVDs featuring Flair from last August's NWA Legends convention (a Flair/Harley Race Q&A Session and the 2009 Hall of Heroes induction ceremony where Flair inducted Blackjack Mulligan) as Flair's side has apparently claimed Highspots didn't have the rights to release the DVDs. Highspots previously worked with Flair on several shoot interview DVD releases and booked him for a number of appearances on independent events in the last year.
It should be noted that Flair has yet to also pay off money advanced to him by Ring of Honor from the time period he was working as the "ROH Ambassador" on the ROH on HDNet Television series, so this is not the only case of issues between Flair and a former business partner regarding money coming to light.
The auction for the belt (unless other forces intervene) will begin on Monday. For more information, email Highspots@aol.com.
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