Internet Wrestling Alliance, established 1997
Once upon a time, e-wrestling was an enjoyable sport. Back in the days of the WWF bowing down to WCW, e-wrestling began to flourish. Fed-heads could find talent in chatrooms without being booted or nuked - yes, Uncle Sam didn't have defenses against Nuke, feel free to laugh now. In any case, e-wrestling was fun.
The Internet Wrestling Alliance formed as a body to attempt to regulate the quality to e-wrestling, and eventually, crown a true World's Champion. However, these attempts failed. Micromanaging, presidents were unable to keep the Alliance afloat, leading to loss of talent.
The IWA Championship held no percieved value. Eventually other "umbrella" organizations formed, but crash often, leaving a constant world's championship to be left unknown.... well, not anymore.
Uncle Sam has ressurected the IWA and hopes to lead it to a higher high. Starting off by announcing two tournaments. One will act as a comedic relief brawl of today's political situation featuring bouts such as George W. Bush v. Osama bin Laden.
More importantly, the other will be a sanctioned Tournament of Champions, where twenty will enter, and one will leave as the Internet Wrestling Alliance's 2002 Undisputed Champion, and the IWA World's Champion. While the current (seven-time) champion still holds seven other world's titles and a slew of other, major championships, no one recognizes the IWA Championship. His title of IWA World's Champion is now referred to as the IWA Classic Champion.