All matches took place in Houston, TX at the Sam Houston Coliseum on May 13, 1988.

- Quarter-Finals

- Barry Windham pinned the Midnight Rider (Italian Stallion); after the bout, Dusty Rhodes made the save

- Lex Luger fought Al Perez to a double count-out at 15:05

- Nikita Koloff pinned Ivan Koloff at 8:17

- Semi-Finals

- Nikita Koloff pinned NWA Tag Team Champion Tully Blanchard at 9:33 with a roll up after Blanchard became distracted by Dusty Rhodes at ringside; Blanchard received a bye into the semi finals

- Finals

- Barry Windham (w/ JJ Dillon) pinned Nikita Koloff to win the title at the 15-minute mark by using the ropes for leverage after Dillon tripped Koloff from the floor

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