Ultima Lucha featured a number of professional wrestling matches with different wrestlers involved in pre-existing scripted feuds, plots and storylines.

On episode 33 ("Death vs. the Dragon") Mil Muertes defeated Drago and became the #1 contender for the Lucha Underground Championship.

[17] Aero Star (real name unrevealed[Note 1]) defeated Cage, The Mack and Marty the Moth (Martin Casaus) on episode 33 "Death Vs. the Dragon" to win the third medallion.

[11] On Episode 36 (The Beginning of the End) Bengala (Ricardo Fuentes Romero), King Cuerno and Sexy Star all won gold medallions.

[14] A week later ("The Beginning of the End") Pentagón Jr. came to the ring to confront Vampiro, or "Ian Hodkinson" as he called him since was no longer a wrestler.

[17][24] When Mil Muertes returned to Lucha Underground his manager Catrina introduced a trios of matched wrestler initially referred to as her "Disciples of Death".

He would later team with Daivari and Big Ryck as they lost a match for the Lucha Underground Trios Championship against Son of Havoc, Angélico and Ivelisse at the end of the show.

[15] Part 1's commentators were Matt Striker and Vampiro, the ring announcer was Melissa Santos, and the pre-show musician was Sergio Arau.

After an introductory video of the scheduled matches, Part 1 began where Dario Cueto kept both Black Lotus and his brother Matanza imprisoned within the Temple.

Mack could not put away Cage on several occasions, despite drinking Miller Lite beer and executing a stunner, or using a sit-out powerbomb through a table and a spinebuster onto a trash can.

[29] Next, the Lucha Underground Trios Championship was defended by the team of Angelico, Ivelisse (who wrestled on crutches) and Son of Havoc, against the challengers, the Disciples of Death (accompanied by Catrina).

[29] Part 1 ended with El Dragon Azteca arriving at the Temple's entrance and fighting a hooded man to a draw.

Melissa Santos remained as the ring announcer, but Michael Schiavello replaced Vampiro at the commentary table for a spot alongside Matt Striker.

Suddenly, Black Lotus turned on El Dragon Azteca (due to thinking he murdered her parents) and seemingly killed him with a palm strike to his spine.

Big Ryck disposed of Sexy Star with a uranage, but was himself attacked with a chair by the interfering DelAvar Daivari and a springboard 450° splash by Jack Evans.

Fenix countered Evans' octopus hold with knee strikes, then used a Fire Driver and pinned him for the victory and the championship.

[33] The main event of Part 2 saw Prince Puma (alone without Konnan) defending the Lucha Underground Championship against Mil Muertes (accompanied by Catrina).

When Puma ascended to the top rope again, Muertes met him there and hit a super Flatliner, leading to the pin, the win and the title.

[31][32] Following the last match, various characters are shown leaving the Temple: Dario Cueto with Black Lotus and Matanza; Fenix trailed by King Cuerno; Angelico; Ivelisse with Son of Havoc; Vampiro and Pentagon Jr.; Drago and Aero Star.

Joel Dehnel, writing for Pro Wrestling Torch, said that Part 1 was a "really strong start to Ultima Lucha.

For the main event between Drago and Hernandez, Favel said it "worked as a spirited brawl, but failed to capture the intensity of the supposed feud that had brewed between these two men".

Lastly, Favel disapproved of the storyline involving Black Lotus, which he felt "brought the momentum of the card to a screeching halt, and further served to prove why wrestling as a soap opera doesn't work.

Ferguson considered Ultima Lucha a "constant reminder of the place for blood feuds and pure hatred as a motivating factor in professional wrestling", while the "roughness of 39 episodes of brutal fighting comes through" in Part 2.

Yet, Ferguson disapproved of "El Patron spanking Melina and Matt Striker having an orgasm over it", and she was also not invested in Texano, Blue Demon and their storyline.

[36] Jeremy Peeples, writing for the Wrestling Observer, described Part 2 as "a stellar show overall – with only the Demon-Texano match dragging it down in any way, and that was short."

The progression of the storyline between Dario Cueto and Black Lotus was described as "bizarre, but great", while Peeples highlighted the Vampiro-Pentagon match as an "unholy war" and "the most violent match on US television in ages", featuring blood licking that was "easily the most disgusting act [in professional wrestling] since Lynn-Corino in ECW".

Vampiro, who entered as "the world's most badass priest", was said to have performed above expectations given "his age and many injuries", and was "a bigger star in this one match than he ever was in WCW".

[32] John Moore, writing for Pro Wrestling Dot Net, said that Part 2 "didn't disappoint", and as a season finale it "tied up everything well, while also making you want more in the future".

Moore praised the main event as "great", where both wrestlers made each other "look good" while "all of the action was extra smooth, from the moves to the selling", while describing Prince Puma as the "human video game protagonist".

[40][41] During that same episode, it was also revealed that Crew member Cortez Castro was really Officer Reyes, an undercover policeman out to nab Dario Cueto.