Feeling homesick and noticing a void in the Puerto Rican wrestling scene, Colón returned to Puerto Rico in 1973. Colón and Croatian-born wrestler Victor Jovica founded a promotional company, Capitol Sports Promotions, which aired wrestling television shows each Saturday and Sunday on WAPA-TV. He wrestled during a time where local stars such as Barrabas, Black Georgie and Miguel Pérez, Sr. shared the spotlight with international wrestlers such as Argentine-born Rocca, Cuban-born Huracán Castillo and others. He set the stage for local stars such as Los Super Médicos, Los Invaders and Chicky Starr to develop. His wrestling company was also responsible for inviting major American wrestling stars such as Randy Savage, Ric Flair, Bruiser Brody, Stan Hansen and others to wrestle in Puerto Rico. The nemesis of Colón's character was Abdullah the Butcher, with whom he staged a long-standing feud which lasted almost two decades. Colón is quoted as saying: "Eighty percent of the blood I've shed in the ring I've shed because of Abdullah."