#2 Turned down WCW: Rob Van Dam

As the Monday Night War raged on, both the WWF and WCW knew they needed the most-talented stars, many of whom could be found in ECW. As both companies raided the promotion (much to Paul Heyman's chagrin), one talent that WCW tried to obtain in 1997 was Rob Van Dam.
Van Dam, who spoke on the PW Torch Livecast about the deal, even had a character already created for him: Glacier. A rip-off of Mortal Kombat's Sub Zero, Glacier failed to make any waves in WCW, and even having someone as talented as RVD probably wouldn't have helped.
Instead, Van Dam remained loyal to ECW, signing with the WWF after the extreme company's demise and would be a key player in ECW's revival as a brand in WWE in 2006.
Major rumor about recently released stars HERE