I don't know if this would be an urban legend, but I'm sure it's hard enough to verify as far as I know.. Still, one of my favorite stories.
Junk Yard Dog is hot in the Mid South in the early 80's. So, he's in this program with The Freebirds. The Freebirds "blind him" and he's going to be forced to "retire." He comes out one night and the crowd is sobbing, their hero is gone.
He starts to make this speech and all of a sudden, The Freebirds music hits. Now, the whole time, he's been selling the fact that he's blind, glasses on and all that. The crowd is going crazy when all of a sudden this dude jumps the guard rail and gets into the ring in between JYD and the 'Birds. He pulls out a gun and tells JYD that he's got his back. The Freebirds are shitting bricks and JYD can't help, because he's "blind." Suddenly, security get into the ring and beat the hell out of him.
The Freebirds then get out of the ring and run to a car, driving to safety.
I've heard of this a few times, but never seen the incident in question, obviously. I think it's a good enough story to share, regardless.
Also, rumor has it that Bill Watts had "the room." A room that the boys would take fans into when they got too rowdy and beat the shit out of them. Lol.
And... Apparently, Jacqueline got a job in Memphis when she let Jerry Jarrett bang her in the showers or something along those lines. Lol.