I found this site a while ago...
http://www.anagramsite.com/ Post any wrestling related ones...
Ones worth noteing (I will post more when I think of more):
Lesbian
in sable
Brock Lesnar
blockers ran
World Wrestling Federation
forewarnings worded little
Nipple H (AKA Stephanie McMahon)
help pin
The best one, if Triple H were still champion:
WWE Champion
now we cap him