The tournament to determine the new WWF Intercontinental Champion was held between September 8 and October 5, 1997, with the finals occurring on October 5 at the pay-per-view. The tournament brackets were:
Tournament brackets[]
| Quarterfinals | Semifinals | Finals | |||||||||||
| Brian Pillman | DQ | ||||||||||||
| Dude Love | |||||||||||||
| Brian Pillman | |||||||||||||
| Owen Hart | DQ | ||||||||||||
| Owen Hart | DQ | ||||||||||||
| Goldust | |||||||||||||
| Owen Hart | Pin | ||||||||||||
| Faarooq | |||||||||||||
| Faarooq1 | |||||||||||||
| Ken Shamrock | |||||||||||||
| Faarooq | DQ | ||||||||||||
| Ahmed Johnson | |||||||||||||
| Ahmed Johnson | Pin | ||||||||||||
| Rocky Maivia | |||||||||||||
Notes:
1 Ken Shamrock initially won the match. But he was injured so Faarooq advanced.