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The accidental death of Owen Hart still remains one of the most unfortunate incidents in the history of professional wrestling. He was enjoying his best form when he passed away, and he was also supposed to be one of the upcoming top stars of WWE. He was doing an amazing job at the age of 34.
It was the Over the Edge pay per view event of 1999. The biggest attraction of the event was Stone Cold Steve Austin defending the World Championship against the Undertaker in the main event of the show. Another attraction of the show was the WWE Intercontinental Championship match in which The Godfather was supposed to defend the championship against Owen Hart.

Natalya remembered the passing of Owen Hart
But Hart was supposed to play his Blue Blazer gimmick, and he was also about to perform his special entrance. But the unfortunate accident occurred during this entrance as the rope tore and he fell onto the ground. He was instantly rushed to the hospital, but unfortunately, he could not be saved. This incident took his life.
Owen Hart passed away during the Over the Edge event of 1999
This incident is still remembered as one of the worst incidents in the history of professional wrestling, and Owen Hart's passing is still considered one of the saddest moments in wrestling history. One of his family members, Natalya Neidhart, who is also a famous WWE star, recently remembered the incident and discussed rewatching Over the Edge. Speaking with Chris Van Vliet on the INSIGHT podcast, she said the following;

Over the Edge event never returned after 1999
"I was at my uncle's house," said Natalya, "I was at The British Bulldog's house. Davey's house. TJ [Wilson] was there with me. We were watching the pay-per-view." That was their tradition, Nattie would describe, but quickly, it was clear that something was wrong. "My grandfather had gotten a call from Vince," she said. "And it was just like, that was when we knew that Owen was not okay."
"I think that was the hardest thing my family ever went through," she remembered. "I think it just caused this domino effect of chaos and [I don't think my grandmother] ever got over it and I think, I do believe that she died from a broken heart. She was never okay after that. And so, it was very hard on my grandfather because my grandmother was his everything. So it was just a very, very traumatic time for our family." Said the former WWE Women's Champion.
h/t to Wrestling Inc. for the transcription