Before the event aired live on PPV, Sting and Jimmy Garvin defeated The Sheepherders (Butch Miller and Luke Williams) by disqualification in a non-televisedtag team match. In prior weeks of TV it was mentioned that The Rock and Roll Express would face The Sheepherders at this event, but no explanation was ever given as to why this did not occur, although behind the scenes, both Morton and Gibson had left the promotion the day before.[2]
Preliminary matches
When the live broadcast commenced, Nikita Koloff defended the NWA World Television Championship against Bobby Eaton in the opening match. Koloff started focusing on Eaton's arm but Eaton gained the control of the match. The action continued back and forth with both men exchanging moves. Eaton eventually regained momentum and performed a Diving Elbow Drop and a Hammerlock. Koloff finally got out of the Hammerlock but Eaton attacked Koloff again and performed a Missile Dropkick. Eaton applied another Hammerlock and Koloff got out of the move and tried to hit a Lariat, which he called Russian Sickle. However, Eaton caught Koloff's arm and applied a third Hammerlock. The action continued until Koloff performed a Russian Sickle and the twenty–minute time limit of the match expired. As a result, Koloff retained the title.[2][3]
In the next match, Barry Windham defended the NWA Western States Heritage Championship against Larry Zbyszko. Windham controlled the earlier part of the match until Zbyszko began focusing on Windham's injured knee and continued to attack it. Windham eventually made a comeback by performing a Powerslam. He tried to perform a Diving Elbow Drop but Zbyszko continued to attack his knee. Windham countered with a Dropkick and tried to perform a Backdrop Suplex but he suffered some pain in his knee that allowed Zbyszko to get a near-fall. Windham eventually gained control of the match by performing a Gutwrench Suplex and applied a Sleeper Hold. Zbyszko held the ropes to be released and rolled out, causing Windham to follow him. Zbyszko shoved him into the ringpost. Windham tried to perform a Lariat but Zbyszko collapsed and Windham fell to the floor. Zbyszko took advantage and smashed Windham's face on a ringside table. The action returned to the ring where Windham tried to perform a Sunset Flip but Zbyszko countered it with a near-fall. Zbyszko tried to perform a Swinging Neckbreaker but Windham countered it into a Backslide. Zbyszko tried to perform a Piledriver but Windham countered with a Back Body Drop, allowing both men to get knocked out. Zbyszko missed a charge on Windham into the corner, allowing Windham to hit ten punches in the corner. The referee was attacked by Zbyszko and Windham tried to pin him with a roll-up. Zbyszko's valetBaby Doll gave him her shoe and Zbyszko hit him with the shoe to win the championship.[2][3]
In the final match on the undercardRic Flair defended the NWA World Heavyweight Championship against Road Warrior Hawk. Hawk dominated Flair with his power moves, while Flair's moves seemed to have no effect on Hawk until Flair hit Hawk with a Low Blow, raked his eyes and delivered a Knee Drop. Flair started getting control of the match until Hawk performed a Shoulder Neckbreaker. After Hawk missed a Jumping Fist Drop, Flair applied a Figure Four Leglock. Flair eventually broke the hold and tried to climb the top rope but Hawk tossed him down. Hawk performed a Clothesline on both Flair and the referee. Flair was clotheslined outside the ring and also pulled Hawk outside the ring, where Hawk hit him with a powerslam. Hawk performed a Superplex and tried to pin him but Flair's manager J. J. Dillon broke the attempt with a chair. Hawk's manager Paul Ellering woke up the referee as Flair nailed Hawk with a chair, for which he was disqualified. However, Flair retained the title.[2][3]
Main event match
The main event was a Steel CageBunkhouse Stampede. The objective of the match was to throw the opponent out of the cage door or send him out via the top of the cage for the elimination. The participants were Tully Blanchard, Arn Anderson, The Barbarian, The Warlord, Dusty Rhodes, Ivan Koloff, Lex Luger and Road Warrior Animal. Animal eliminated first Koloff over the top of the cage, and then Warlord through the cage door, but was himself eliminated by The Barbarian after a Big Boot. Blanchard and Anderson double-teamed Luger and tried to eliminate him through the cage door but all three men were eliminated at the same time. Rhodes and Barbarian were the remaining participants and continued to fight each other. Barbarian hit Rhodes with a Diving Headbutt but was unable to eliminate him. Both men climbed the over the top of the cage, where Rhodes hit Barbarian with two Bionic Elbows to win the Bunkhouse Stampede for the third consecutive time.[2][3]
Aftermath
The Bunkhouse Stampede event met little success and was badly criticized. Especially, its booking was not appreciated due to Dusty Rhodes winning every Bunkhouse Stampede Battle Royal.
Along with Rhodes' booking, the event was marred by the tickets having the wrong start time on them (a 6:30 start time was incorrectly advertised as 7:30, causing a majority of the fans to miss the first half of the event).
Larry Zbyszko would hold the NWA Western States Heritage Championship for all of 1988, eventually being vacated when Zybszko went to the AWA after Ted Turner's buyout of JCP. Baby Doll would be fired after her then-husband Sam Houston went to the WWF, which was considered a conflict of interest, and ending a short-lived feud with her former charge, Dusty Rhodes, and Zbyszko would join forces with Gary Hart and Al Perez. The Warlord and Barbarian would team up to form The Powers of Pain with their manager, Paul Jones, and began feuding with the Road Warriors. Nikita Koloff would go on to lose the NWA World TV Title to Mike Rotunda of the Varsity Club and would hold the title for over a year, then Koloff began to gradually step away from wrestling when his then-wife Mandy fell ill. Jimmy Garvin would team up with his kayfabe brother Ron Garvin in a feud with Kevin Sullivan and the Varsity Club over Jimmy's valet, Precious, while The Sheepherders would fall into the mid-card, finally making it to the final match for the vacant NWA United States Tag Team Championship in November, 1988 before leaving for the WWF and becoming The Bushwhackers.