* All Japan Pro Wrestling
o World's Strongest Tag Team League (1977, 1979, 1982) – with Dory Funk, Jr.
* Cauliflower Alley Club
o Iron Mike Mazurki Award (2005)
* Championship Wrestling from Florida
o NWA Florida Heavyweight Championship (1 time)
o NWA Florida Tag Team Championship (1 time) – with Dory Funk, Jr.
o NWA Florida Television Championship (1 time)
o NWA North American Tag Team Championship (Florida version) (1 time) – with Dory Funk, Jr.
o NWA Southern Heavyweight Championship (Florida version) (2 times)
o NWA World Heavyweight Championship (1 time)
* Eastern Championship Wrestling / Extreme Championship Wrestling1
o ECW Television Championship (1 time)
o ECW World Heavyweight Championship (2 times)2
o Hardcore Hall of Fame (2005)[21]
* Georgia Championship Wrestling
o NWA Georgia Tag Team Championship (1 time) – with Dory Funk, Jr.
o NWA Georgia Television Championship (1 time)
* International Wrestling Association of Japan
o IWA World Heavyweight Championship (2 times)
* Juggalo Championship Wrestling
o JCW Heavyweight Championship (1 time)
* Mid-Atlantic Championship Wrestling / World Championship Wrestling
o NWA United States Heavyweight Championship (Mid-Atlantic version) (1 time)
o WCW Hardcore Championship (3 times)
o WCW United States Heavyweight Championship (1 time)
o WCW Hall of Fame (Class of 1995)
* NWA Hollywood Wrestling
o NWA Americas Heavyweight Championship (1 time)
o NWA International Tag Team Championship (3 times) – with Dory Funk, Jr.
o NWA World Tag Team Championship (Los Angeles version) (1 time) – with Dory Funk, Jr.
* NWA Western States Sports
o NWA Brass Knuckles Championship (Amarillo version) (2 times)
o NWA International Tag Team Championship (2 times) – with Dory Funk, Jr.
o NWA Western States Heavyweight Championship (7 times)
o NWA Western States Tag Team Championship (2 times) – with Ricky Romero
o NWA World Tag Team Championship (Texas version) (2 times) – with Dory Funk, Jr.
* Pro-Pain Pro Wrestling
o 3PW Heavyweight Championship (1 time)[12]
* Pro Wrestling Illustrated
o PWI Feud of the Year (1989) vs. Ric Flair
o PWI Most Inspirational Wrestler of the Year (1997)[22]
o PWI Wrestler of the Year (1976)
* Professional Wrestling Hall of Fame and Museum
o Class of 2004
* Southwest Championship Wrestling
o SCW Southwest Heavyweight Championship (1 time)
o SCW World Tag Team Championship (1 time) – with Dory Funk, Jr.
* St. Louis Wrestling Club
o NWA Missouri Heavyweight Championship (1 time)
* Stampede Wrestling
o Stampede Wrestling Hall of Fame[23]
* United States Wrestling Association
o USWA Unified World Heavyweight Championship (1 time)
* World Wrestling Federation / World Wrestling Entertainment
o WWF Tag Team Championship (1 time) – with Cactus Jack
o WWE Hall of Fame (Class of 2009)
* National Wrestling Alliance
o NWA Hall of Fame (Class of 2009)[24]
* Wrestling Observer Newsletter awards
o 5 Star Match (1984) with Dory Funk, Jr. vs. Bruiser Brody and Stan Hansen on December 8
o Best Brawler (1989)
o Best Heel (1989)
o Best on Interviews (1989)
o Feud of the Year (1989) vs. Ric Flair
o Wrestling Observer Newsletter Hall of Fame (Class of 1996)