In February 1989, the Replacements appeared on the cover of Musician Magazine with a headline crowning them “The Last, Best Band of the ‘80s.” The unofficial title didn’t sit well with one of the era’s biggest stars: Jon Bon Jovi. The Replacements had developed a strong following throughout the ‘80s thanks to their pioneering alt-rock style. With earnest lyrics and the raw vocals of frontman Paul Westerberg, the group carved themselves a distinctive niche among underground rock fans. They weren’t scoring platinum albums or chart-topping hits, but they were highly respected by the “cool kids.” At the other end of...