The Mega Powers were a tag team in the World Wrestling Federation (WWF) and World Championship Wrestling (WCW). The Mega Powers consisted of Hulk Hogan, and "Macho Man" Randy Savage with Miss Elizabeth (at the time Randy's wife, though portrayed on-screen as his girlfriend) as their valet.
When Honky Tonk shoved Miss Elizabeth, who was trying to stop them, she ran away to the backstage area; meanwhile, Honky completed his attempt to break his guitar over Savage's head. Shortly afterward, Elizabeth returned with Savage's former rival Hulk Hogan, at the time WWF Champion, who came and saved Savage from the assault. Afterwards, Savage extended his hand in friendship to Hogan, who accepted and the three paraded around the ring with their hands ajoined. Their alliance solidified Savage's face turn, which had been brewing for weeks as fan support grew for him. Later that night, Hogan stated that the combination of "Hulkamania" and "Macho Madness" may become the most powerful force in WWF history.
Hogan and André were both given byes in the first round of the tournament, fought to a double-disqualification in the quarterfinals. This had the side effect of giving Ted DiBiase a bye in the semifinals. Ultimately, Savage and DiBiase met in the final match of the tournament. The "Million Dollar Man" did all that he could to take out Savage (including the constant interference of Andre, who was acting as Dibiase's second for this match) but he couldn't keep him down. Savage eventually went to Elizabeth, whispering something to her. She ran backstage, as the fans were trying to figure out what was going on.
A few minutes later, Elizabeth reemerged with Hogan. André and DiBiase seemed shocked by the turn of events. Hogan got revenge on DiBiase by hitting him in the back with a steel chair while André had distracted the referee by preventing Savage from getting to the ropes while locked in DiBiase's Million Dollar Dream sleeper hold. Savage was able to hit his famous Flying Elbow Drop and got the three count. After the match, they celebrated as a group.
A few months later, with Hogan on leave of absence from the WWF and Savage feuding with Dibiase over the title. Dibiase and André attacked Savage 2-on-1 during an interview segment, prompting Savage to challenge the two to a tag team match versus him and the partner of his choosing, which was accepted. Savage then revealed that his partner would be the returning Hogan. They let all wrestling fans know that they have become The Mega Powers and that they would meet André and DiBiase at SummerSlam.
At the 1988 Survivor Series, Hogan and Savage captained a team that faced a five-member squad headed by Big Boss Man and Akeem (whom by now were being billed as the Twin Towers). Hogan and Savage eventually won the match (last eliminating Haku; Big Boss Man and Akeem had been counted out and disqualified, respectively); during the post-match posing, Hogan again began acting friendly toward Elizabeth, angering Savage. In a post-match interview, pro-heel commentator Ventura interviewed Savage, playing up Savage's growing anger regarding Hogan's behavior toward Elizabeth. However, Elizabeth was not the only reason Hogan and Savage had issues with each other during their stint as a team. At the 1989 Royal Rumble, Hogan accidentally eliminated Savage in the Royal Rumble match when he went to put out Bad News Brown. The two appeared to make amends at the behest of their manager, but Savage was clearly upset after the event (which was ultimately won by Big John Studd). Things came to a full boil on NBC's prime-time special, The Main Event (aired February 3 1989), when the two wrestled The Twin Towers.
During the match, Akeem threw Savage out of the ring. Savage was thrown onto Elizabeth, knocking her unconscious. Hogan saw what happened and carried Elizabeth from the ring to the medical area. When Elizabeth was revived, she implored a distraught Hogan to return to the ring to help Savage, who had been left to fight the two gargantuans on his own for several minutes.
Hogan eventually called for the tag, but Savage - who mounted a rally - slapped Hogan in the face. He took his World Title belt, and stormed back to the locker room. Hulk Hogan defeated The Twin Towers by himself. After the match, Hogan went to check on Elizabeth. Macho Man was back there too, who was caught in mid-tirade yelling to Elizabeth that as world champion he was tired of taking a backseat to both Hogan and Elizabeth in the Megapower pecking order. Upon Hogan's arrival, Savage accused Hogan of trying to steal Elizabeth from him. Hogan implored Elizabeth to try and talk some sense into him. Then out of nowhere, Savage attacked him by hitting him in the face with the title belt, sealing the end to their partnership and beginning their feud.
On April 2 1989, Hulk Hogan and "Macho Man" Randy Savage, decided to settle the score at WrestleMania V in Atlantic City for the WWF Championship. Elizabeth would be involved in the match but declared herself to be in a neutral corner, which ended with her being ejected from ringside after too many complications were caused in her attempting to assist both men out at different points in the match. Hogan and Savage were going blow for blow in this title match, but Hogan would eventually prevail after kicking out of a Macho Man Elbow drop, Hulking Up, and hitting the Leg Drop to become World Wrestling Federation Champion for the 2nd time.
The two would continue their feud in the months following WrestleMania. Savage would replace Elizabeth with a new manager, Sensational Sherri and align himself with Hogan's monsterous co-star from the movie No Holds Barred, Zeus (actor Tom Lister, Jr. in-character as his movie character). This extension of the angle would culminate at SummerSlam 89 when Hogan and Beefcake (with a return appearance by Elizabeth) would defeat Savage and Zeus in the main event and finalized after a cage match between the two teams during a pay-per-view event entitled No Holds Barred: The Match, The Movie.
Savage and Hogan would meet one last time on The Main Event's February primetime edition with Heavyweight Boxing Champion James "Buster" Douglas as the guest referee. Hogan would come out victorious yet again with Savage knocked out by Douglas post-match.
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