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Wrestling promoter Jim Crockett Jr. in grave condition

On Saturday's Wrestling Observer Radio, Dave Meltzer reported that legendary wrestling promoter Jim Crockett Jr. is in "grave condition" as both his liver and kidneys are failing.

"It's not looking good," Meltzer said.

Nothing else regarding the 76-year-old's condition is known at this time.

Wrestling was in Crockett Jr.'s family as his father founded Jim Crockett Promotions which Junior took over in 1977 after his father's death in 1973. Before that, he was an short-term owner of two minor league baseball teams. He became NWA President in 1980, the first of three terms he served in that position over the next 11 years.

During his second term, he purchased the Saturday night time slot Vince McMahon owned on WTBS and the rest is history. JCP eventually re-positioned itself as the NWA as he owned six territories and was president of the organization. 

He sold JCP to Ted Turner in 1988 who renamed the organization World Championship Wrestling. Once again, the rest is history. He flirted with getting back into the business several times, but instead settled on a life outside the business in Texas.