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Tony Schiavone question

Reading that review for Eric Bischoff's book where Eric got promoted over Tony Schiavone and got to be head booker of WCW, I just want to know what the fate of WCW would have been if Schiavonewas given that gig instead? Did he have a good mind for the business or would WCW continue having the same fate where they would get more in debt as the years rolled on.

I think if Tony got the job, WCW would still be around today in roughly the same position TNA is -- the second-rate promotion still chugging along and using the guys WWE can't or won't use.  Bischoff's thing was taking the big chance of going on Monday nights, and while it was spectacularly successful for a while, he also racked up big losses and of course made them a product that AOL/TW didn't want to support any longer.  I'm sure Tony would have just kind of done the same stuff as Jim Ross and the other previous bookers, and wouldn't have gone after Hogan, and we would have just kind of run with Sting and Luger and Flair and the usual guys for years and years.  I'm sure they wouldn't have come anywhere near WWE, but they likely wouldn't have lost nearly enough to justify killing them, either.  

However, Tony probably would have joined the rotating crew of fired Executive VPs like everyone else, and maybe Bischoff would have got the job after all?