The USWA was created through a merger of The WCCW (from Texas) and the CWA (based in Memphis).
In 1993, the USWA began a talent exchange with the WWF, which saw Lawler sign on to Vince McMahon's federation, while several high profile WWF stars appeared in the USWA.
Although Lawler was working for the WWF, he ended up buying a stake in the USWA from Jarrett, and businessmen Larry Burton and Mark Selker in 1997, and the USWA went out of business by November of that year, resulting in a nasty lawsuit between Burton, Selker, and Lawler.
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