Arn Anderson's final reign as champion began on January 8, 1995 when he won the WCW World Television Championship for the umpteenth time. Anderson helped restore the prestige of the belt, which he held for about six months before selling it to The Renegade.
He then had a brief feud with his friend Flair, being assisted in the feud by Brian Pillman. The whole storyline led to a new reunification of the Four Horsemen with Flair, Anderson, Pillman, and Chris Benoit in formation. At the end of 1996, Arn rarely fought in the ring, preferring to act behind the scenes given the constant health problems due to injuries remedied in his career.
On August 25, 1997, during an episode of WCW Monday Nitro, Anderson formally announced his retirement from the ring. In 2000, Anderson became a member of the short-lived Old Age Outlaws stable. Led by Terry Funk, the veteran group faced the newly reborn New World Order.
In 2001 WCW was acquired by the World Wrestling Federation, ending the storyline in which Anderson was involved. Arn Anderson spoke at length on his YouTube channel about the night Sting suffered a career-ending neck injury at the hands of Seth Rollins, after Rollins hit him with a buckle bomb at Night Of Champions 2015.
Arn Anderson on Sting's injury
"I don't know if I would have had any problems doing it," Arn Anderson said. "The key is, and this is entirely up to the guy giving it to you, you need to hit that buckle right above your shoulder blades, not with your neck.
And I think Sting hit it with his neck, and that's one of those things that there's not much margin for error. To be honest with you, not being a precisionist, I wouldn't want to do that to a guy and trust myself to get it perfect.
And I don't know that I would have ever wanted to take it. I've been in the ring with some great workers, but anything that I can't see that's behind me - I wasn't a big fan of german suplexes or this buckle bomb because you can't see where you are in the air.
You can't adjust and it's just blind faith," Arn added. "Not that Seth Rollins was ever reckless; I don't believe that, or that he did anything too quickly or maliciously. I'll never believe that. It was just an accident.
Accidents happen in this business, and if you're not used to hitting that buckle - and it's been years since Sting hit turnbuckles - and to hit one that way where you can't even see where you're landing, it's just pure accident. That's all it could have been, if I was a betting man."