Ted DiBiase is best known for his role as the villainous "Million Dollar Man" of the World Wrestling Federation. Having been raised by his wrestler father, "Iron Mike DiBiase", who he admired greatly, Ted chose to follow in his dad's footsteps. After receiving honors in high school football and going to college on a football scholarship, Ted became a professional wrestler in the summer of 1975. Ted paid his dues in the early years of his wrestling career, traveling thousands of miles by car, spending many nights in less than luxurious hotels, and making little money. His big break came in the spring of 1987 when he headed for New York and the WWF to become the "Million Dollar Man." It was from here that his career skyrocketed.
Among other accolades in the WWF, DiBiase was the first North American Heavyweight Champion, a three-time Tag Team Champion (with Irwin R. Schyster) and the 1988 King of the Ring. DiBiase also created his own championship, the Million Dollar Championship. He held the WWF World Heavyweight Championship belt in 1988 after purchasing it from André the Giant, but this period is not recognized by WWE as an official title reign. Nonetheless, DiBiase frequently headlined WWF cards, including WrestleMania IV and the first ever SummerSlam in 1988.
Ted literally traveled the world with the WWF wrestling in some of the biggest venues in the world. Places like Madison Square Garden, The Superdome, The Skydome, The Tokyo Dome, and Wembly Stadium, all became familiar places to Ted. After six years with the WWF and seeing his likeness made into a doll and his face on everything from t-shirts to pinball machines, he ended his active career working the World Championship Wrestling (WCW) from the fall of 1996 to the fall of 1999, spending a total of twenty-five years in the industry. As he was ending his wrestling career, Ted was already turning his talents elsewhere and looking to the future.