DATELINE: SEPT. 27, 1993 – NEW HAVEN, CT
On Monday Night RAW, The World Wrestling Federation announced that Shawn Michaels had been stripped of the WWF Intercontinental Championship.
The on-air reason for The Heartbreak Kid being stripped of the title was for failing to defend it within 30 days. Michaels was actually being suspended for testing positive for steroids.
Michaels would briefly walk out on the company for a time following the incident. The fallout of the title being vacated would lead to Michaels’ later return, and his classic ladder match with Razor Ramon for the ‘undisputed’ Intercontinental title.