Old-School WWF fans may remember a wrestler named Michael Saxton - a "jobber" with a Michael Jackson gimmick. Newsday's "Steel Cage" column remembers Saxton, and even has a rare video of the man himself here. (Note: Saxton doesn't appear until about 10:00 into the video).
Jobbers like Saxton no longer exist in the WWE. In 1985 (when this clip was recorded), televised bouts were predominantly one-sided squash matches intended to put over established stars. There was a stable of wrestlers like Saxton, Steve Lombardi and Rusty Brooks whose sole purpose was to lose miserably each and every week.