Around the time of this movie's release, David Arquette made a string of appearances on WCW television. In lieu of spending any of the money paid to him from WCW, David instead chose to give all of his WCW earnings to the family of deceased wrestler Brian Pillman.
Martin Landau's character is based upon legendary wrestling coach Stu Hart. Hart was almost elderly but still strong and more skilled than people a fraction of his age, as Landau's character is.
For promotional purposes, WCW head writer Vince Russo wrote for David Arquette to make many guest appearances and win the WCW World Heavyweight Championship on an episode of WCW Thunder (1998). Most people called this the worst move in WCW's history and the final nail in its coffin, before going out of business in 2001. Arquette himself even admitted that it was not a good idea, only doing it because booker Russo kept talking him into it.
Oliver Platt accidentally struck Randy Savage in the face during the filming of a fantasy scene. The footage of the incident, which was shot over Savage's shoulder, can be seen in the blooper reel shown during the closing credits.
According to David Arquette in a 2007 WWE.com interview, WWE superstar Shane Helms served as his stunt double.