The event opened with the Intercontinental Championship match between Goldust and the champion, Hunter Hearst Helmsley. Before the match began, Goldust attacked Helmsley up the aisle, but they then returned to the ring where they continued to brawl back and forth. Later into the match, Helmsley would attempt to hit Goldust with the Intercontinental Championship belt, however, Goldust countered and grabbed the belt and hit Helmsley with it, and as Goldust attempted to pin Helmsley, Mr. Hughes, who was at ringside as bodyguard for Helmsley, pulled Helmsley out of the ring. Hughes then continued his distraction on Goldust, which led to Helmsley deliviring a Pedigree and pinning Goldust for the win, thus Helmsley retained the Intercontinental Championship.
In the next match, Faarooq faced Ahmed Johnson. Johnson won the match by disqualification after members of the Nation of Domination, who were at ringside, interfered on Faarooq’s behalf.
The third match was the encounter of The Undertaker and Vader. Undertaker gained control early into the match, however, Vader gained control after Paul Bearer, who was at ringside in Vader’s corner, hit Undertaker with an urn. The Undertaker did not retaliate, as Vader hit a Vaderbomb on him, which gained a successful pinfall for the win.The next match was a six-man tag team match between the team of Héctor Garza, Perro Aguayo, and El Canek against the team of Jerry Estrada, Heavy Metal, and Fuerza Guerrera. A slow paced match between the two teams, as they exchange control of the match back and forth. Late into the match, the two teams brawled outside of the ring, as Aguayo hit Metal with a diving double foot stomp off the top rope, which gained a successful pinfall, thus Garza, Aguayo and Canek won the match.
The Royal Rumble match began with Ahmed Johnson and Crush, where the rivalry with Johnson and Faarooq continued, as Johnson eliminated himself after Faarooq came down the aisle to chase him. The final five wrestlers were The Undertaker, Vader, Bret Hart, “Diesel”, and Stone Cold Steve Austin. The first of those wrestlers to be tossed over the top rope was Austin, who entered the Rumble fifth and who was thrown out by Hart. However, the officials were occupied trying to separate Terry Funk and Mankind, who were brawling with each other outside the ring, and thus no one saw Austin’s elimination. Meanwhile, Vader and Undertaker began brawling with each other as a continuation of their feud and Hart began fighting with “Diesel” as Austin reentered the ring. Austin dumped both Undertaker and Vader out of the ring, while Hart eliminated “Diesel”. As Hart was celebrating, thinking he had won, Austin came in from behind and tossed him over the top rope. Since Austin was still considered to be in the match and was the only man left in the ring, the officials declared him the winner. With ten eliminations, Austin tied Hulk Hogan for the most eliminations in single Royal Rumble match. The record stood until 2001, when Kane eliminated eleven competitors. Roman Reigns holds the current record, eliminating twelve in 2014.The main event was a WWF World Heavyweight Championship match between Shawn Michaels and Sycho Sid. Sid dominated most of the match and works over on Michaels’s back early into the match, however Michaels retaliated by hitting a flying elbow drop on Sid. Michaels then attempts to deliver a Sweet Chin Music to Sid, however, he counters by tossing Michaels over the top rope onto ringside. As Sid threw Michaels back into the ring, Michaels accidentally hit referee Earl Hebner. Sid then delivered a Chokeslam and attempted to pin him, however, as the first referee was down, a second referee came out to count the pin, which got a two count. Sid then attacked the second referee, which allowed Michaels to hit Sid with a camera and delivered Sweet Chin Music, as the original referee slowly counted the successful pinfall, thus Michaels won the WWF World Heavyweight Championship.Shawn Michaels later vacated the WWF World Heavyweight Championship on the Thursday Raw Thursday special, where he gave his now-infamous “lost my smile” promo, citing knee problems as his reason to abdicate the title. Due to this and the controversial situation over the Royal Rumble ending, Stone Cold Steve Austin, Bret Hart, The Undertaker, and Vader were pitted against each other at In Your House 13: Final Four in a Four Corners match for the WWF World Heavyweight Championship, which saw Hart win the vacant WWF World Heavyweight Title. The next night on Raw, Austin interfered in a WWF World Heavyweight Title match between Hart and Sid, causing Hart to lose the title after only one day. On the March 17 edition of Raw, Hart and Sid faced off in a Steel Cage match for the WWF World Heavyweight Title. Sid won after interference by both Stone Cold and Undertaker. At WrestleMania 13, Undertaker defeated Sid for the WWF World Heavyweight Title, while Hart and Austin battled each other in a Submission match with Ken Shamrock as the special referee.