Ok. So Tully Blanchard had lost Baby Doll to Dusty for 30 days. She had run away from Dusty and was supposedly in Hawaii. But during a title defense, Magnum lost the US Belt to Tully because Baby Doll disguised as a cop, ran down to ringside and gave Tully a foreign object. Tully then managed to survive a series of rematches with the belt and then said Magnum was getting no more shots. Magnum then is asking for one more shot, an "I Quit" match. The NWA won't sanction it. But then Jim Crockett over rules the NWA and the match is on for Starrcade.
Then two guys who are dripping with hate brutalize each other in the greatest match of all time. It ends with the bad guy trying to stab the hero with a shard of wood, butbthe hero manages to knock him away and get the shard, whic he plunges into the bad guy's eye, and the bad guy quits.
Magnum is left standing, bloody and enraged, while holding the quivering Tully by the hair. He looks at him with disgust, tosses the shard away, throws the quivering Blanchard down, slings HIS US Belt over his shoulder and walks out of the cage looking back at Tully with a look of disgust and the look of a real man who had the roughest day at work ever, but won in the end.