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Named in honor of the WWE Universe, the championship was established on July 25, 2016 to be the major championship of the Raw brand.
Its creation came as a result of the re-introduction of the brand extension and a subsequent draft on July 19, 2016, in which the WWE Championship, the promotion's original world title, became exclusive to Smack Down Live.
WWE employees responded in the aftermath of the title's debut.
Seth Rollins chastised the Summer Slam crowd's reaction, writing on Twitter: "More important than a title's appearance is what it represents for the men fighting over it. On-screen Raw General Manager Mick Foley, while acknowledging that he himself might have chosen a different belt design, echoed Rollins' response in a lengthy Facebook post.
He recalled being presented with the WWF Hardcore Championship, a title belt made of broken metal pieces held together by duct tape, which challengers "made... As of August 31, 2019, there have been 4 reigns and 1 vacancy.