What's clearly awesome about this is that Jake Roberts obviously wasn't even on the set. All of this shit is totally retarded and Roberts is still carrying it as best he can based on sheer raw promo skill.
Oh, this is when Bill Watts had the book? Goddamned, I thought for sure this was a Bill Herd idea. (Bill Herd's prior experience was managing a bunch of Pizza Huts and they put him in charge of WCW. It did not go well.)
I was hoping the wheel landed on a Death Match, because I don't recall seeing the facepaint guy anyplace else so I was hoping maybe Jake Roberts killed him. But wikipedia says that it landed on something called a "Coal Miner's Glove Match," which sounds like some a cornucopia of gay.