In early 2000, WCW decided that
Kevin Sullivan's booking style was not as successful as they had hoped. So, they decided to bring back former WCW president
Eric Bischoff and former
World Wrestling Federation (WWF) head of creative
Vince Russo, putting them together to run WCW, with the thought that they could keep each other in check. On-screen, Bischoff and Russo took over and declared all WCW titles vacant on April 10, 2000. They also declared a new stable with both of them at the head called The New Blood, which consisted of most of the younger wrestlers in WCW as well as longtime talent that had been largely in the background for years, feuding with "
The Millionaire's Club", the older stars of WCW, who they claimed held them all back. On April 16, at
Spring Stampede in
Chicago, Illinois, all of the titles were filled with matches between the New Blood and the Millionaire's Club. The New Blood won all of the vacant WCW titles, with the exception of the WCW Hardcore Championship, which was won by
Terry Funk. Following Spring Stampede,
Hulk Hogan feuded with the New Blood, during which time he would occasionally wear a black denim vest, with the initials "F.U.N.B." on the back in white. During a televised promo, Hogan explained what the initials stood for, saying "The N.B. stands for New Blood, and you can guess what the
F.U. means, brother!". The idea was to get the younger talent over and generate more interest among the younger fans that watched the WWF instead of WCW, although it later evolved into a
New World Order (nWo)
rehash, especially as it followed up to the recent
nWo 2000 group. The feuds continued for another month or so before the New Blood disbanded due to WCW management making the decision that it was not working, as the Millionaire's Club got most of the positive fan reaction. The true end of the angle occurred on July 9 at
Bash at the Beach in
Daytona Beach, Florida, after the infamous Russo shoot promo, which caused Hogan and Bischoff to leave the promotion. However, the New Blood theme continued in WCW coinciding with the
New Blood Rising pay-per-view in August 2000. == Impact ==