Hugh Downs introduces this segment of 20/20

Hugh Downs:
What is pro wrestling really all about? Well, John Stossel has gotten a rare, inside look at a business that is filled with flamboyant personalities.

John Stossel (in the tie) and Hulk Hogan walk through Manhatten's theatre district

Stossel (in a voice over):
I've interviewed lots of celebrities, but no one ever attracted a crowd like this. Of course, the other celebrities weren't wearing a red sleeveless t-shirt in the winter.

Hulk Hogan

Stossel:
The Hulk is the World Wrestling Fedeation Champion. Of course there happens to be other Federation's and other World Champions. But The Hulk's group is the biggest, So The Hulk's the biggest star. His real name, by the way, is Terry Jean Bolea.

MSG (wwf) Wrestling fans

Stossel:
Why does Professional Wrestling sell out all 22,000 seats at Madison Square Garden when that's something Professional Basketball and Boxing don't often do?

John Stossel:

"You know, this stuff kind of makes me mad. Because this isn't really wrestling.
It's Rasslin'.
I was a high school wrestler.
That's Wrestling!"

Stossel:
This is what amateur wrestling looks like.
It resembles an Olympic match.
The trouble with it, in the eye's of the money people, is that it's boring.

Cowboy Bob Orton Jr.

Stossel:
Is this a real sport?
Are they really wrestling?
Are they really trying to win?
I wonder what the fans think?

Fan # 1

"I think it's all fake, ya know.
It's a form of entertainment".

Fan # 2

"Well, it's fun but it's fake. Like...they don't hit 'em in the head and everything and make 'em bleed".

Fan # 3

"No.
I don't think it's fixed. No baby. They hit it too hard on the ground for it to be fixed".