It was a big surprise and a very nostalgic moment for fans from the 1970s and 1980s who so connected with the "ten pounds of gold", which was the top title and top belt in all of professional wrestling during the territory years.
Nitro was in St. Louis, MO, that night, historically the most important city on the National Wrestling Alliance map. Flair spoke generally about how important it was to work there for Sam Muchnick if you wanted to become NWA champion one day. He also spoke eloquently about seeing that belt for the first time.
That had to be a very cool moment for old-school fans of St. Louis wrestling.
Here is a transcript of Flair's remarks as they pertained to the "ten pounds of gold."
"In the year nineteen hundred and seventy eight, Terry Funk told me if I wanted to be a star in this business I had to get to St. Louis on Friday night. You know what I'm talkin' about. I had to be at the Kiel or The Arena, I had to be live at the Chase, I had to be in St. Louis if I wanted to be a star.
And then I saw this for the first time. It was around the waist of the legendary Jack Brisco. And I said, "Jack, do you think I could ever be World champion?" He said, "Kid, keep workin'. Work at it every day and every night and maybe by the grace of God you might get it some day.
And then there was Terry Funk, and then it was Harley Race, and then it was Dusty Rhodes.
And then it was my turn.
And this is what we all desired to have and be, the World Heavyweight championship. We gave up everything. We gave up life, we gave up our families, we worked every day, we partied all night. We were the champions of the World. The best this sport had to offer."
That episode of WCW Monday Nitro is available on demand on the WWE Network. The interview with Flair is at approximately 25:20 into the program.
A very bright moment during a really sad time in WCW.