WWE Wrestling tour tickets WCW was in dire straits with the WWF consistently beating them in the ratings war. It only survived because Ted Turner retained control over it as a result of Turner Broadcasting System's merger with Time Warner. After Time Warner merged with AOL, Turner's power was considerably reduced, and the newly merged company decided to get rid of WCW entirely. In March 2001, WWF Entertainment, Inc. acquired World Championship Wrestling, Inc. from AOL Time Warner for a number reported to be around $7 million. With this purchase, WWF was now the largest wrestling promotion in the world, and the only one in North America with mainstream exposure. It remained so until the launch of Total Nonstop Action WWE Wrestling concert tickets Glens Falls Civic Center in 2002.
In April 2002, about a month before the name change, WWE Wrestling decided to create two separate rosters, one on Raw, the other on SmackDown! due to the overabundance of talent left over from the Invasion storyline (which involved talent from the absorbed ECW and WCW rosters interacting in WWF storylines). This is known as the WWE Wrestling Brand Extension. Following the Brand Extension, a yearly Draft Lottery was instituted to exchange members of each roster and generally refresh the lineups.
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