Masters attacked Michaels as he was making his entrance and put him in the Masterlock, swinging him around and throwing him to the mat. Masters stomped Michaels on the mat as the referee backed him up. The bell rang to officially start the match, and Masters went for the Masterlock again, but Michaels slipped away and threw some punches and chops. Michaels hit a kneelift and a clothesline, then clotheslined Masters from the ring and hit a pescado. Michaels chopped Masters on the floor and threw him into the ringsteps. Michaels hit another chop and went for a chair, but the referee took it away, allowing Masters to kick Michaels in the gut. They got back in the ring, with Michaels hitting Masters in the back, and Michaels dragged it back to the floor. Masters went for a powerbomb on the outside, ramming Michaels back into the ringpost twice before dropping Michaels on the floor on his side.
Masters got back into the ring, as Michaels struggled to get up on the floor. Michaels got back into the ring, and Masters hitting forearms to the back. Masters drove a knee into Michaels' back, then hit a legdrop for a two count. Masters hit a delayed vertical suplex, and scored a two count. Masters continued to hit Michaels in the back with forearms. Michaels tried to fight back with a chop, but Masters hit a backdrop for a two count, then delivered a side backbreaker. Masters got another two count, then pounded Michaels on the mat. An "HBK" chant started. Masters hit two backbreakers, holding onto the second and pushing down on Michaels' chin to add pressure to it. Michaels punched out of it, and tried to rally, going for a crucifix. Masters didn't go down, and spun Michaels into Masterlock position, but Michaels elbowed Masters and backed him into a corner. Michaels hit a chop, but Masters whipped Michaels into a corner.
Masters put Michaels in a Torture Rack (over the shoulders backbreaker), and Michaels began to fade. The referee checked Michaels arm, but Michaels kept it up on the third try. Michaels squirmed out of the hold and went into a sunset flip. Masters kicked out and hit Michaels with a clothesline. There was blood coming from Masters' nose. Masters gave Michaels a press slam, then called for the Masterlock. Masters went for the Masterlock, but Michaels squirmed, and grabbed the referee, and gave Masters a low back kick. Masters and Michaels fell to the mat. Masters got up first, but Michaels hit him with punches and chops. Michaels hit a flying forearm, then kipped up and hit a reverse atomic drop and a pair of clotheslines. Michaels slammed Masters and hit a top rope elbow. Michaels started to stomp in the corner, but missed the superkick, and Masters locked in the Masterlock. Michaels tried to kick off the ropes, but Masters held onto the hold. Michaels tried it again, but again, Masters held on. Michaels started to fade, and the fans chanted "HBK". Michaels hulked up, and kicked his legs over the top rope so he was on the apron. The referee forced Masters to break the hold.
Masters argued with the referee as Michaels was laying on the apron. Masters went after him, and Michaels yanked Masters throat first across the top rope. Michaels went to the top rope and jumped off, but Masters caught him. Masters spun Michaels around and went for the Masterlock, but Michaels ducked out of it and hit the superkick for the pin at the 18-minute mark. Winner: Shawn Michaels.
