Mr. Ass took on X-Pac to determine the 1999 King of the Ring. Before the match, Billy Gunn announced that he would go right after X-Pac’s fragile neck, and he did just that! X-Pac was able to hit the X-Factor, but he was too hurt to go for the cover. Later, Mr. Ass climbed to the second rope, but in a great show of athletism X-Pac jumped up and dropkicked him down across the ropes. X-Pac kneeled over in pain and Mr. Ass jumped off the middle rope and delivered an especially potent Fame-Ass-Er! Gunn got the pin and became the 1999 King of the Ring!

A briefcase containing all the official paperwork for control of the World Wrestling Federation hung over the ring as the Ladder Match got underway. Although Shane was apparently hurt during his match on HEAT, Commissioner Michaels ordered the match to go on anyway, forcing Mr. McMahon to find a "suitable replacement." And Mr. McMahon apparently found a hired gun in the "Lethal Weapon" Steve Blackman. However, before the match got underway, "GTV" cameras picked up Shane McMahon and his Mean Street cohorts celebrating that they had "pulled one over" on Commissioner Michaels. Shane was clearly not hurt, and when he realized he was on TV, he and the Posse tried to escape from the arena. But Commissioner Michaels cut them off, ordered Shane to go out to the ring, and told Blackman to take his "G.I. Joe-lookin’ ass" back to the locker room! So Austin got the opportunity to beat the hell out of Shane and Vince—and he took advantage of that opportunity. At one point, Austin dropped several ladders from the set onto both the McMahons! Back in the ring, Austin climbed the ladder and tried to grab the briefcase, and control of the Federation. But as Austin moved up the ladder, the briefcase moved up as well! Austin grabbed several officials around the ringside area trying to find out who was responsilble for raising the cable to which the briefcase was attached, but of course no one would admit to it. Inside the ring, Mr. McMahon recovered and began climbing up the ladder (and the briefcase seemed to lower). Austin climbed up the other side of the ladder and the two men had a slugfest on top of the ladder. When Shane recovered, he tipped over the ladder, sending both Austin and Mr. McMahon crashing to the floor. Shane grabbed the ladder, climbed up and grabbed the briefcase to win the match and total control of the company for the McMahons. Knowing that the cable with the briefcase was rigged and he was once again cheated out of a match, Austin was furious as the King of the Ring came to an end!