Pro Wrestling Radio interview

Steamboat addresses WWE purchasing WCW:

I definitely think it does not leave too many options for the guys. If you have another company out there, it at least gave you somewhat of a chance if things did not work out with one organization, you could try and go work for the other. I think that, there was certainly enough money backing WCW, I put some of the blame on the boys. Having people that were up in the office trying to run a wrestling company without that much of any kind of wrestling company background. As you know, first, second, and even third generation families, all usually ran most of the companies that were around in wrestling. Here we got people, they may be great business people but the wrestling business is a different kind of business, you know?