The third and final Jim Crockett Sr. Memorial Cup Tag Team Tournament was held over two nights, April 22 and 23, 1988. Scheduled to feature 24 teams, the tournament included a few changes to the original lineup.

"The Nature Boy" Ric Flair

"The Russian Nightmare" Nikita Koloff

The Midnight Rider

The Outlaw

"Gorgeous" Jimmy Garvin

"The GamesMaster" Kevin Sullivan

Sting

"The Total Package" Lex Luger

Road Warrior Hawk

Road Warrior Animal