Born to Jim Crockett and Elizabeth Crockett in Charlotte, Jim Jr. graduated from Myers Park High School in Charlotte, North Carolina in 1960. He and his younger siblings were largely uninvolved in professional wrestling until their father's death in 1973. The elder Crockett had been a promoter of wrestling and other forms of entertainment since 1931.
Taking over Jim Crockett Promotions
Although Jim Crockett Sr. had decided his son-in-law John Ringley would run JCP, Jim Jr. reluctantly took over ownership of the company that same year. Crockett brought in wrestler George Scott as head booker, and he signed wrestlers from across the country, from veterans such as Wahoo McDaniel to younger wrestlers like Ric Flair.
Crockett was elected to a second term as NWA President in 1985. He bought Vince McMahon's Saturday night TV time slot on Superstation WTBS and his business began to flourish. During that year, he organized the first annual Jim Crockett Sr. Memorial Cup, in which wrestlers from eight NWA regional territories participated in a day-long tag team tournament at the Louisiana Superdome in New Orleans. The Road Warriors defeated Ron Garvin & Magnum T.A. after 7½ hours to win the tournament. Although Crockett had organized the tournament as a tribute to his father, several rival promoters suspected he was using the event to further his own plans for expanding his promotion nationally. Their suspicions increased as Crockett began holding wrestling events in Memphis and Florida without contacting the local NWA promoters. He eventually purchased promotions based in Oklahoma and Kansas City in the Mid-South territory and began airing his own televised wrestling events, which were syndicated across the United States.
Third term
Crockett was elected to a third term as NWA President in 1987. That same year he bought out Championship Wrestling from Florida and the Universal Wrestling Federation, thus acquiring such talent as wrestler Sting and commentator Jim Ross. Although initially planning to keep the UWF and NWA as separate promotions in order to promote an annual inter-promotional event similar to the Super Bowl, Crockett instead moved the old UWF headquarters from Tulsa, Oklahoma to Dallas, Texas. and incorporated its stars into his own promotion. Crockett promoted his company, JCP, as the NWA, since he owned six NWA territories and was the NWA President, much to the confusion of fans.
Crockett attempted a return to wrestling with a wrestling Internetbroadcast network in 1994 called the World Wrestling Network. It was short-lived, and he left the sport for good in 1995. Crockett also brought the NWA back to the Dallas Sportatorium for an equally brief tenure during this time.
Post-wrestling career
Since his retirement from professional wrestling promoting, Crockett has worked as a Texas realtor and mortgage loan originator.