Name: Ted DiBiase
Year Inducted: 2007
Induction Category: Modern Era
Theodore Marvin DiBiase was born into a wrestling family in Miami, Florida
on January 18, 1954. His stepfather was "Iron Mike" DiBiase, who had a
strong influence on him as a child. After Iron Mike died when Ted was
fifteen, his mother, former wrestler Helen Hild, slipped into depression and
Ted moved to a town in Arizona to live with his grandparents. After his
junior year at West Texas State University, he stepped into the squared
circle to follow in his father's footsteps.
After wrestling in Amarillo, Texas and Baton Rouge, Louisiana, Ted moved to
Atlanta to continue his career. While there, he met his future wife Melanie
and they were married in 1981. After the birth of their first son, the
DiBiase's moved to Mississippi where he continued wrestling for Mid-South.
The WWF took notice of his talent. They developed Ted into the "Million
Dollar Man" and he was surrounded by money, limousines and life in the fast
Ted's career as a wrestler has taken him to Europe, Japan, India, Canada,
and all of the fifty states. Ted has held many wrestling titles including
the WWE Tag Team Championship with I.R.S. as "Money Incorporated" and he was
even crowned WWE Champion when he "bought" the championship from Andre the
Giant on live network TV. Due to a neck injury several years ago, Ted was
forced to give up the physical side of professional wrestling.
After leaving the ring, he played the role of manager, spokesperson, and
color commentator for both WWE and WCW. In WCW, he was known as "Billionaire
Ted". He also traveled the NASCAR circuit as a WCW representative. Ted's
WCW contract expired in 1999 and he returned to the WWE in April 2005
working as a road agent and writing consultant until October 2006.
Between 1999 and 2005, Ted found new roles outside of professional wrestling.
He was a spokesperson for the Sunshine Foundation, an organization that
grants wishes for critically ill children and he founded Heart of David
Ministries, for which he continues to travel the world as an evangelist
furthering the Gospel of Jesus Christ. He also has his own wrestling
promotion, the Power Wrestling Alliance, which he runs as an outreach of
Heart of David Ministries. Ted DiBiase is now an ordained minister and
Evangelist. His website is www.MillionDollarMan.com. When Ted has some
downtime, he enjoys scuba diving.
From Wrestle Mania superstardom to a marriage on the brink of divorce, Ted's
story affects people of all ages, including Harley Race, Terry Funk,
publicist/agent Bobby Riedel and Johnny Ova, 22 year old indy pro wrestler.
Harley Race weighed in on Ted by stating, "I knew Ted since he was a young
man, and he was one of the greatest wrestlers in the business then, and
stands out even today. The Million Dollar Man is a class act. Him going to
the Hall of Fame was a given. Congrats Ted, I'm proud to call you my friend."
Melanie DiBiase summed up her family's response to Ted's PWHF Induction by
commenting, "I am very excited to see this honor bestowed on my husband.
This is the legacy he is leaving our three boys as his father, Iron Mike
DiBiase, left it to him. It is an honor I know he treasures, as does his
family. Our family thanks the Hall of Fame committee for its thoughtful
- Bobby Riedel