Theodore Marvin "Ted" DiBiase, Sr. (born January 18, 1954); is a retired professional wrestler, manager, and color commentator. DiBiase achieved championship success in a number of well-known promotions, but is best recalled to mainstream audiences for his time in the WWF, where he wrestled as "The Million Dollar Man" Ted DiBiase. Among other accolades in the WWF, he was the first North American Heavyweight Champion, a three-time World Tag Team Champion (with Irwin R. Schyster) and the 1988 King of the Ring. DiBiase also created his own "world" championship, the Million Dollar Championship, a belt which he held twice. He was well known for his cutting-edge heel promos, which were often concluded with his trademark evil laugh. Although he never captured the WWF Championship, DiBiase frequently performed in main event matches and has been cited as one of the finest in-ring technicians in history.