On the night of the match, J. J. Dillon (Blanchard was injured) and Ole Anderson were waiting in the cage to see who Dusty would bring out.
It turned out to be "The Russian Nightmare" Nikita Koloff, a top heel in the promotion, with whom Magnum had previously been feuding.
Rhodes and Koloff participated in the 1987 Jim Crockett, Sr. Memorial Cup Tag Team Tournament.
They received a bye into the second round before defeating the teams of Bill Dundee and The Barbarian, Rick Rude and Manny Fernandez, and The Midnight Express (Bobby Eaton and Stan Lane) to advance to the finals.
In the final round, they defeated Lex Luger and Tully Blanchard, two members of the Four Horsemen, to win the tournament and its kayfabe prize of one million dollars.