"Wrestlemania 4" remains a controversial event for many long-time WWE fans. That was the event where Ted DiBiase was supposed to actually win the WWF World Championship belt, but backstage politics kept him from the title. However, PWS reported on Jan. 18 that DiBiase did a recent interview and explained that he had the option to win the title and chose not to.
The original legend was that The Honky Tonk Man refused to lose his Intercontinental title to "Macho Man" Randy Savage and the WWE had to scramble. Ted DiBiase was supposed to win the world championship, but the WWE changed things up to have Randy Savage win the world championship instead.
The storyline was that Andre the Giant beat Hulk Hogan for the world title and then gave it to Ted DiBiase. The WWE disallowed that and set up a tournament for the belt. That is where the changes occurred.
DiBiase said that the WWE did not just take away his world title opportunity, and it was actually a decision they made together. According to DiBiase, Pat Patterson came up to him and asked him what he thought would be better for him - winning the tournament by cheating and then eventually losing the title to Hulk Hogan or losing the tournament and then saying he doesn't need the title, instead creating his own belt.
Ted DiBiase said the second option was clearly the "ticket" and that is what he thought would make him a bigger villain. As a result, Randy Savage won the world title and the Mega Powers tag team with Hulk Hogan was created while Ted DiBiase created the Million Dollar Title and went on to be one of the WWE's biggest villains.