Maybe I’m overthinking this but it’s been driving me crazy for 30 years since I was a kid. In 1992 Hulk Hogan is gone from the WWF for nearly a year. His longest absence by far since he got there. He teased retirement and may not come back. The company is looking for a new flagship star. Ultimate Warrior and Randy Savage are the two guys most likely to carry to fill the role. They them up as the Ultimate Maniacs and they choose freaking red and freaking yellow as the primary colors of their tights and in their logo, instantly reminding everyone of Hogan and looking like cheap Hogan knockoffs. Do you think this was a Savage/Warrior decision or did Vince tell them to wear red and yellow because those are the ”official” WWF top baby face colors and is it a miracle he didn’t force Bret to wear those colors also?
I think you’re overthinking it. Nobody tells the Macho Man how to accessorize, brother.