Eric Bischoff is the man most responsible for breathing new life into Ted Turner's WCW promotion in the '90s, propelling a historic wrestling war against Vince McMahon and the WWE.

Bishoff was able to recruit Hulk Hogan, the long-time face of professional wrestling, to WCW in 1994. The former continued to bring in more and more of Vince's top superstars, including Kevin Nash, Scott Hall, Lex Luger and 'Macho Man' Randy Savage.

But WCW really began to take off in 1996, when Bischoff made the bold move to turn Hogan heel - which led to the end of Hulkamania. Instead, Hogan formed the villainous and legendary New World Order stable with Nash and Hall.

The nWo was greatly responsible for helping WCW take a long-term lead over WWE in the Monday Night Wars. But Bischoff and WCW officials became overly obsessed with the group, and they relied entirely on Hogan and co. to carry the show on a weekly bass.

Overtime, the nWo grew completely stale, and wrestling fans grew more interested in WWE and the entire Attitude Era product. To this day, fans wonder how different the wrestling world could have been if WCW tried to adapt, rather than let one stable take up the majority of the show.

But on the 83 Weeks podcast (h/t SEScoops), Bischoff explained why he doesn't have any regrets in giving so much television time and attention to the iconic stable that he crafted.

"Look in retrospect, it’s easy to have 20/20 hindsight," Bischoff. "nWo was so hot, we were trying to keep it fresh. We were trying to find ways to keep it fresh. We had played out the black and white, I think to the extent that we possibly could have, as long as we possibly could have. I think it was time. In order to create story, we had to create dissension. I’m comfortable with the decision we made even looking bad at it now."

Related: Every WCW/WWE Hulk Hogan World Title Reign, Ranked

The final straw took place on the Jan. 4, 1999 episode of WCW - which marked the infamous "Fingerpoke of Doom' incident - where Hogan and Nash reformed the stable after briefly fighting on opposite sides.

WCW quickly began to sink from then on out, and McMahon opted to buy out his rival competition in 2001. Hogan, Nash and Hall returned to WWE in 2002 and briefly reformed the trio.

nWo Started And Destroyed WCW's Rise

The ironic part is that without the nWo's rise to power, WCW probably wouldn't have had a chance against WWE in the Monday Night Wars. But at the same time, WCW's obsession with pushing the nWo ultimately led to the downfall of the company. Vince learned to adapt by bringing in new superstars and new ideas - namely Steve Austin and The Rock. WCW didn't understand that fans were growing tired of the same-old, same-old. And that's why we're still watching Vince's product today.

Next: SmackDown Star To Undergo Huge Change, Something "You've Never Seen"