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The 1998 Gran Alternativa tournament was held on July 14, 1998 in Mexico City, Mexico. The finals saw Emilio Charles, Jr. and Tony Rivera defeat Bestia Salvaje and Guerrero de la Muerte. Unlike previous tournaments the finals was more storyline driven as Emilio Charles, Jr. had been feuding with Bestia Salvaje and Tony Rivera and Guerrero de la Muerte already had a Luchas de Apuesta, hair vs. hair match scheduled. The win did not provide any extra momentum for Tony Rivera who remained in the same position for the rest of his CMLL stint.