2001 will never be looked back upon as being a great year for wrestling. Wrestling always has its ups and downs, but usually there is someone doing well when someone else isn't. This past year, with the exception of the Pride promotion, nearly every company did worse than would have been expected one year ago.
Sometimes, like in 1993, when wrestling was at something of a creative lull with some of the major companies, new promotions with new ideas (UFC, K-1, Pancrase, ECW, Michinoku Pro) form and spark the business to a stronger rebound. This year was the year of the creative lull, but instead of new promotions, we saw WCW and ECW fold once, and then the fantasy versions of them fold a second time in an angle so botched that in many people's eyes it forever removed the tag genius booker and replaced it with one very lucky SOB on the Vince McMahon resume. We saw RINGS on the brink of going under.