Hennig made a face turn on August 10, 1974 at a TV taping in Minneapolis, now sporting a full red beard and calling himself "the Axe" when he saved the High Flyers, Jim Brunzell and Greg Gagne, from an attack. The event had Hennig opposing his former allies, Nick Bockwinkel and Ray Stevens, and manager Bobby Heenan (who Bockwinkel and Stevens hired following their recent loss of the AWA World Tag Team title to The Crusher and Billy Robinson the previous month) as they assaulted the Flyers during an episode of "AWA All-Star Wrestling".