| Elim. | Ent. | Name | By |
|---|---|---|---|
| 1 | 2 | Koko B. Ware | Ted DiBiase (1) |
| 2 | 3 | Marty Jannetty | Ted DiBiase (1) |
| 3 | 4 | Jake Roberts | Randy Savage (5) |
| 4 | 5 | "Macho King" Randy Savage | Dusty Rhodes (10) |
| 5 | 7 | The Warlord | André the Giant (10) |
| 6 | 9 | Bad News Brown | Rowdy Roddy Piper (6) |
| 7 | 6 | Rowdy Roddy Piper | Bad News Brown (9) (already eliminated) |
| 8 | 12 | Red Rooster | André the Giant (10) |
| 9 | 8 | Bret "Hit Man" Hart | Dusty Rhodes (10) |
| 10 | 11 | André the Giant | Demolition (Ax (13) & Smash (15)) |
| 11 | 16 | "African Dream" Akeem | Jimmy Snuka (17) |
| 12 | 10 | Dusty Rhodes | Earthquake (19) |
| 13 | 13 | Ax | Earthquake (19) |
| 14 | 19 | Earthquake | Ted DiBiase (1), Smash (15), Haku (20), Snuka (17), Bravo (18) & Neidhart (17) |
| 15 | 18 | Dino Bravo | Ultimate Warrior (21) |
| 16 | 15 | Smash | Haku (14) |
| 17 | 20 | Jim "The Anvil" Neidhart | Ultimate Warrior (21) & Rick Martel (22) |
| 18 | 1 | Ted DiBiase | Ultimate Warrior (21) |
| 19 | 17 | "Superfly" Jimmy Snuka | Hulk Hogan (25) |
| 20 | 14 | Haku | Hulk Hogan (25) |
| 21 | 23 | Tito Santana | Ultimate Warrior (21) & Rick Martel (22) |
| 22 | 24 | The Honky Tonk Man | Hulk Hogan (25) |
| 23 | 26 | Shawn Michaels | Ultimate Warrior (21) |
| 24 | 22 | Rick "The Model" Martel | Ultimate Warrior (21) |
| 25 | 21 | The Ultimate Warrior | Hulk Hogan (25), Rick Rude (28) & Barbarian (27) |
| 26 | 27 | Barbarian | Hercules (29) |
| 27 | 29 | Hercules | Rick Rude (28) |
| 28 | 28 | Rick Rude | Mr. Perfect (30) |
| 29 | 30 | Mr. Perfect | Hulk Hogan (25) |
| – | 25 | Hulk Hogan | – |
Winner: Hulk Hogan (25).
Intercontinental champion Ultimate Warrior had to vacate his title when he captured the WWF championship at WrestleMania VI.
| Tito Santana | Tito Santana | Tito Santana | Mr. Perfect |
| Akeem | |||
| Brutus Beefcake | (2xCO) | ||
| Dino Bravo | |||
| Mr. Perfect | Mr. Perfect | Mr. Perfect | |
| Jimmy Snuka | |||
| Roddy Piper | (2xDQ) | ||
| Rick Martel |
Source: Sebbes Wrestlingrecensioner