arr cade , ▁the ▁first ▁to ▁be ▁broadcast ▁via ▁closed - circ uit ▁networks ▁and ▁regarded ▁as ▁their ▁flags hip ▁event ▁of ▁the ▁year ▁on ▁Thanks g iving ▁Day . ▁ ▁On ▁Saturday , ▁July ▁ 1 4 , ▁ 1 9 8 4 , ▁in ▁what ▁would ▁become ▁known ▁as ▁Black ▁Saturday , ▁Mc M ah on ▁bought ▁N WA ▁member ▁Georgia ▁Championship ▁Wrestling ▁( GC W ) ▁and ▁merged ▁it ▁into ▁the ▁W WF , ▁with ▁the ▁W WF ▁taking ▁over ▁GC W ' s ▁long - time ▁TV ▁slot ▁on ▁T BS ▁which ▁had ▁been ▁home ▁to ▁GC W ’ s ▁flags hip ▁week ly ▁program , ▁World ▁Championship ▁Wrestling , ▁for ▁ 1 2 ▁years . ▁Mc M ah on ' s ▁purchase ▁led ▁to ▁a ▁long standing ▁rival ry ▁between ▁himself ▁and ▁W T BS ▁owner ▁Ted ▁Turner , ▁who ▁would ▁later ▁enter ▁the ▁professional ▁wrest ling ▁promotion ▁business ▁by ▁the ▁end ▁of ▁the ▁de cade . ▁This ▁moved ▁proved ▁dis astr ous ▁for ▁the ▁already ▁established ▁GC W ▁audience ▁and ▁the ▁new ▁W WE / GC W ▁program ’ s ▁ratings ▁pl um met ed . ▁Los ing ▁money ▁on ▁the ▁deal ▁and ▁des per ately ▁looking ▁for ▁help , ▁Mc M ah on ▁turned ▁to ▁Jim ▁Bar nett , ▁who ▁directed ▁him ▁to ▁N WA ▁President ▁Jim ▁Cro ck ett , ▁Jr ., ▁the ▁owner ▁of ▁Jim ▁Cro ck ett ▁Prom ot ions ▁( J CP ), ▁who ▁then ▁bought ▁the ▁World ▁Championship ▁Wrestling ▁program ▁from