Great turnout here, just a few quips to keep the ball rolling
I don't really think that Goldberg's "jets were cooled" (to paraphrase) by November of 1998 (if the live crowd at WWIII is any indication), and it was only two months prior to Starrcade '98 that Goldberg had his title match with DDP at Halloween Havoc. Yes, the PPV ended early and a lot of people who ordered the PPV were pissed...but remember when TNT ran the main event for Halloween Havoc on Nitro the next night? I believe the rebroadcast of that match was the highest rated wrestling segment EVER on broadcast television. Maybe it's since been beaten (Rock & Mankind "this is your life" possibly?), but I seem to remember something about that match doing not only big numbers for TNT, but it also garnered the biggest television audience EVER for a wrestling match (at least up until that point).
A big chunk of the television audience must have known the result of the match (Goldberg pinning DDP), but they still tuned in to watch the actual fight. That doesn't sound like Goldberg's heels had been cooled yet to me, either...I mean, I doubt they were tuning in just to watch DDP lose - it was to watch Goldberg win.
I think the allure here was that it was Goldberg's first matchup against a big babyface. And by god DDP was getting big with all his exposure with the Mailman Karl Malone and Banana Chin Leno.
Whether or not Goldberg's streak ended at the "right" time or not, I always wanted to see either Sting or Bret Hart to be the one to beat him (and beat him cleanly). There was a great main event on Nitro one night between Sting (in the red Wolfpac paint) & Goldberg during Goldberg's first title reign in 1998, where the finish of the match saw Goldberg in the Scorpion Death Lock with seemingly no hope for escape. Hogan came out, and managed to kick Sting in the back of the head without being "seen" by the ref (or Sting, or Goldberg). Goldberg hit the Spear & Jackhammer, and the match ended (look it up on youtube, that match was great). I was really upset that the finish of that match never warranted a Sting vs. Goldberg rematch (I know they wrestled much later for the title, with Sting as a heel if memory serves - maybe Halloween Havoc 99?). I still feel Goldberg should have tapped for his first loss (or at least do the "pass out/not be able to raise his hand a third time" thing).
While I find the notion of losing to an almost equal babyface tantalizing, it really doesn't work. Because there is no hook unless one of them turns heel. How many 'I respect you' promos will you get by god? With an uber heel, you can work a bigger program and tell a more broader story. Thats why the Fingerpoke happened just a week later of Goldberg's loss.
And while we are on it, I think the Fingerpoke was good. Screwing the fans on Live TV is fine. The bigger picture was, the original nWo was finally back AND with a great addition like Scott Steiner. Now Goldberg has an established heel group to go against and again, as I said in the OP, it was the events that happened AFTER his loss that made it worse. Goldberg decided to 'believe his own hype' and severed the tendons in his right arm during that limo window break spot. He was shelved for like 6 months I think.
I don't disagree with the fact that they had a face take the title off Goldberg, in fact I think that was a better move than using a heel. Unfortunately, WCW used one of their biggest faces (Kevin Nash) to beat Goldberg using heel tactics. Giving the title back to Hogan was absurd, I thought at the time (and still do). IMHO, the nWo "elite" never should have been formed, but maybe they didn't have a good way to make the two feuding nWo factions dissolve on their own. They could have come up with something better than this.
I think Goldberg's reign could have continued, it would have been better than just handing the title to Hogan (which is what ultimately happened). Handing the title to Hogan didn't help Goldberg regain any steam, and that's what taking the title off of him should have done. The fans wanted a "redemption" story for Goldberg after he lost the title, but they (we) didn't get it. I believe the streak ended too soon, especially looking at the way the story went in early 1999. WCW was soooo good all through 1998, and they basically shit the bed at Starrcade that year. Of course, losing Jericho & The Giant to the WWF in '98 didn't help matters either. Seeing Jericho and Paul Wight on Raw definitely played a big part in my transition to being more of a WWF fan in 1999, but the way WCW handled Goldberg's title loss (and the continuing nWo story after the Wolfpac was gone) didn't help matters either.
Again, the nWo elite was needed because quite frankly, there was no good heel on WCW TV back then. Goldberg would have his redemption story had he not suffered that injury. Nash actually gives some real good insight on this on the Legends of Roundtable: nWo episode. All the pieces were setting up Goldberg going up against the nWo.
The problem was less about how and when the streak ended. But what happened afterwards. And not just the fingerpoke of doom. But running Ric Flair vs Hogan for the WCW World title on PPV in 1999 was just wrong. WWF was pushing Austin, Rock, Foley and Triple H while WCW ran the same main event for years and years and years.
I can see them using Goldberg as champ for longer but with limited PPV matches. He was already starting to just appear on every other PPV. But I don't doubt that Kevin Nash was over enough to end the streak. Because when I watched the buildup to Starrcade live I legitimately bought him as a threat.
Too much Hogan, Flair and Savage in the main events. The same thing they were running in 1995. The same thing WWF was running in 1991-1992. Why wouldn't everyone turn the channel to watch something new?
Politics they said, politics.
The problem with Goldberg appearing for just a few PPVs is that he doesn't quite come across as a fighting champion then. See Cena has been a juggernaut and he proves that by going out there and ending almost every Raw for the past 7 years or so. Dominance is key.
The old guard were there because, guys like Hogan and Nash didn't wanna lose to the new guys. And their list of new guys had Kidman, Vampiro and shit. Although Sting did job to Vampiro, Russo's shennanigans was shitcanning any new bloods from rising. Oh, except for Jeff Jarrett.
I liked the idea of Scott Steiner being the guy to end the streak as both were fairly huge at the time and Steiner could have used that big win as an excuse to break away from the NWO and do his own singles career[which he ended up doing at the end anyway]. Another great choice to end the streak was DDP. I liked their feud and thought he was the one WCW guy that had the chance to actually do it. Sting & Booker T both got decent matches with Goldberg too and they made you think they might be the ones to end his winning streak.
A lot of love for Steiner here, and I actually liked him a lot back then too. He just had something about him. Too bad he was roided out of his mind and people didn't like getting in the ring with him. But see, Steiner would have been cheered like heck had he pinned Goldberg, people were that sick of it. In fact, that was the best booking ever. The other biggest face in Nash pins Goldberg finally and the crowd goes nuts. Then Nash and co screw the fans and Hogan wins the championship. Now, Goldberg has a big machine to go up against and the No 2 face in Nash and Wolfpac are dead.
If we are going with someone ending the streak to create big new star, Chris Jericho was the obvious choice. He did a lot of great promo work to setup his feud with Goldberg and never got the opportunity to capitalize on the payoff. I know most will agree with me here mostly because Jericho was a mid-card guy who was doing cruiserweight matches. But still, he was getting great fan reaction and his promos were both funny and good setup for their feud that never really happened. WCW was notorious for not making new stars and this would have freshened up the main event picture at the time. I guess all worked out though since Jericho went onto WWF and became the first WWF Undisputed champion. If we are talking about upcoming talents who were over enough with the crowd and deserved the win Jericho was the guy to do it. It would have established and cemented him as a main eventer for years to come and made for interesting television. It never would have happened realistically but it is fun to imagine what would've happened if it did.
Horrendous choice in Jericho. Absolutely not. Jericho was irritating in his promos in 1999. He was a comedy heel of sorts in WCW. While I do think WCW needed another star, I'd go with Benoit. If they would've built Benoit as a submission king for a good year, have him make guys like Giant, Nash, Hall tap out and all, a confrontation with Goldberg would have been epic.