At SummerSlam 1989, Hulk Hogan and Brutus Beefcake teamed up to take on Randy Savage and Zeus in the main event, a clash that saw Hulk Hogan pin Zeus after his trademark Leg drop . Hogan and Beefcake would once again team up after being attacked in the locker rooms during the closing moments of the 1989 Survivor Series PPV by Savage & Zeus.
It was decided that the feud had to be settled in a steel cage match, which was featured on a “Mini-PPV” as a double feature with the movie “No Holds Barred”. Hulk Hogan and Brutus Beefcake were successful in the cage, after which Zeus was not seen in the WWF. After the steel cage match, Hulk Hogan and Brutus Beefcake both went back to working singles matches.
On February 1, 1993 (shown on Television February 15), Brutus Beefcake faced off against “The Million $ Man” Ted DiBiase with his Money Incorporated partner Irwin R. Schyster and manager Jimmy Hart at ringside. IRS would interfere in the match with Money, Inc. double teaming Beefcake, even going so far as to hitting him in his surgically reconstructed face with a metal briefcase. The actions of Money, Inc. were so horrible that life time heel (bad guy) Jimmy Hart took objection to it and tried to protect Beefcake from further harm.
At this point in time, Hulk Hogan was not active in the WWF, having gone into semi-retirement a year earlier, but the attack on his life-long friend brought the Hulkster back to the WWF. With newly turned babyface manager Jimmy Hart at their side, Hulk Hogan and Brutus Beefcake joined forces, swore vengeance on Money, Inc. and then officially named themselves “The Mega-Maniacs.”
Due to the attack by Money, Inc, Beefcake took to wearing a red and yellow protective facemask when competing in the ring and Brutus's entire outfit changed to red and yellow as a show of unity with Hulk Hogan.
Leading up to WrestleMania IX, the Mega-Maniacs took on the Beverly Brothers during house shows to get ready for their shot at the WWF World Tag-Team titles at WrestleMania. The Mega-Maniacs were not successful in their challenge as they lost to Money, Inc. when Hulk Hogan used Beefcake’s steel face plate on the champions. Later in the night, Hogan would win the WWF World Title in an impromptu match.
The Mega-Maniacs would team up and take on Money, Inc. several times during the months of April and May on the house show circuit with the World Champion not defending his title once. Hogan would lose the title to Yokozuna at June's King of the Ring pay-per-view, and both he and Beefcake would leave the WWF soon after.