Jericho and Austin spent the weeks before No Way Out getting back at each other, including a segment where Jericho knocked out Austin and poured beer all over him. Afterwords, he successfully defended the title again against Maven on the same night where Austin became the #1 Contender. Jericho had just retained the title against The Rock at the 2002 Royal Rumble. McMahon said he wouldn't bring the nWo out if Ric Flair handed over his 50% ownership of the WWF, however, Flair refused.Īfter defeating Kurt Angle on the Januepisode of WWF Raw, Stone Cold Steve Austin earned a match at No Way Out for the Undisputed WWF Championship against champion Chris Jericho (who defeated Steve Austin to become the 1st Undisputed Champion at Vengeance). The biggest storyline for No Way Out was when Vince McMahon revealed that he would unleash the New World Order (nWo) upon the World Wrestling Federation.
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