The event featured an eight-man tournament for the vacant championship. The tournament began with
Dean Malenko defeating the Japanese wrestler
Osamu Nishimura by submission using a
standing figure-four leglock, followed by
911 squashing the surprise
wild card entrant,
Doink the Clown, with a series of
chokeslams. Douglas, the-then
ECW Heavyweight Champion, pinned
the Tazmaniac with a
roll-up, followed by
2 Cold Scorpio defeating
Chris Benoit in an "aerial showcase" by reversing Benoit's
superplex into a
small package. In the semi-finals, 2 Cold Scorpio defeated 911 by count-out after 911 was distracted by Douglas (disguised as Doink the Clown), while Douglas pinned Malenko following two
piledrivers. In between the semifinals and the finals, there was a scheduled
tag team bout for the
ECW Tag Team Championship between champions
the Public Enemy (
Johnny Grunge and
Rocco Rock) and challengers
Cactus Jack and
Terry Funk. After Funk was forced to withdraw from the event due to missing a flight,
Tommy Dreamer was teased as Funk's replacement but was attacked by the Public Enemy, with Rocco Rock putting him through a table using a
diving senton.
Mikey Whipwreck was then announced as Funk's surprise replacement. Cactus Jack and Whipwreck went on to score an
upset victory over the Public Enemy, with Whipwreck pinning Rock after Cactus Jack jostled him while he was on the top rope, causing him to fall and hit his groin on the ring rope. In the final bout of the tournament, Douglas pinned 2 Cold Scorpio following a
belly-to-belly suplex. After being presented with the NWA World Heavyweight Championship belt, Douglas began to deliver an acceptance speech before abruptly throwing down the
title belt and instead picking up the ECW Heavyweight Championship belt, proclaiming himself to be the "ECW Heavyweight Champion of the world". ==Aftermath==