The Mega Powers 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 . History . World Wrestling Federation ( 1988 - 1989 ) . The alliance between Hogan and Savage began at the September 23 , 1987 taping of " WWF Saturday Night ' s Main Event " ( which aired October 3 ) . Savage was in the middle of a face turn when he sought to win the WWF Intercontinental Championship from The Honky Tonk Man . When Savage hit his Flying Elbow Drop finisher on Honky Tonk for the pin , The Hart Foundation ( who at the time were heels , all three managed by Jimmy Hart ) came in and attacked Savage , getting Honky Tonk disqualified . All three wrestlers attacked Savage brutally . 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 . Formation ( 1988 ) . The Mega Powers officially formed as a tag team at WrestleMania IV , after Hogan helped Savage win the WWF Championship in a 14 - man tournament . The tournament was made after Hogan lost the belt to André the Giant at The Main Event on February 5 , 1988 . Andre promptly sold the belt to " The Million Dollar Man " Ted DiBiase , causing WWF President Jack Tunney to strip André of the belt . 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 . Tag team debut ( 1988 ) . Their debut match as a tag team was at SummerSlam in 1988 . They went against André the Giant & " The Million Dollar Man " Ted DiBiase in a match billed as " The Mega Powers versus the Mega Bucks " . Jesse " The Body " Ventura , a longtime supporter of Savage ' s but a longtime adversary of Hogan ' s , served as referee for this match . The match didn ' t go as planned for the Mega Bucks . Elizabeth exposed her assets in skimpy panties after stripping off her skirt to the heels , resulting in the Mega Powers coming back to win the match . Ventura counted but stopped at two because he hesitated , so Savage forced the three - count . Feuding with The Twin Towers / Breakup ( 1988 - 1989 ) . After SummerSlam , The Mega Powers were on top of the wrestling world . However , the two had an uneasy relationship , particularly when it became obvious Hogan would act friendly and / or overprotective beyond reason toward Elizabeth . On two occasions on Saturday Night ' s Main Event , Hogan was insistent on Elizabeth appearing at ringside for his matches versus King Haku and Akeem for " extra inspiration . " In the latter instance , Elizabeth ' s safety was endangered by Akeem and his allies , Slick and The Big Boss Man when Big Boss Man grabbed Elizabeth and placed her in handcuffs ; before Big Boss Man could use his nightstick to strike Elizabeth , Savage ran out and made the save . While Savage showed concern for Elizabeth , he disregarded Hogan ( who was still reeling from being attacked by the heels ) . 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 . WrestleMania V : The Mega Powers explode ( 1989 ) . Hogan ' s first response to Savage ' s actions was to challenge him at WrestleMania for the WWF Title , which Savage eventually accepted . Most of the leadup to the match involved two things : the first being Savage showing ( heavily edited and out of context ) footage to prove that Hogan " lusted after " Elizabeth , after which Hogan would respond by showing the footage in its proper context and with explanation and the second was the question of whose corner would Elizabeth be in . 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 by her attempting to assist both men 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 monstrous 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 for a WrestleMania V rematch on the February 23 , 1990 edition The Main Event 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 . World Championship Wrestling ( 1994 - 2000 ) . Reunion ( 1995 - 1996 ) . After Hogan and Savage patched up their real life differences , Hogan talked WCW president Eric Bischoff into signing Savage . Initially called " The Monster Maniacs " ( presumably for legal reasons ) , Hogan and Savage teamed on January 25 , 1995 at Clash of the Champions to battle Kevin Sullivan and The Butcher . On March 24 , 1996 at WCW Uncensored , The Mega Powers reunited to take on eight opponents in a Doomsday Cage Match . The opponents were " The Nature Boy " Ric Flair , Arn Anderson , Kevin Sullivan , " The Total Package " Lex Luger , The Faces of Fear ( The Barbarian & Meng ) , Z Gangsta ( formerly known as Zeus ) , and The Ultimate Solution . They were known as The Alliance to End Hulkamania . At Clash of the Champions on January 23 , 1996 from Las Vegas , Nevada , the duo lost to Ric Flair and The Giant . Breakup ( 1996 ) . The team broke up again at Bash at the Beach on July 7 , 1996 . This time , it was Hogan who turned heel . Hogan came out seemingly to save Savage and Sting during their match with The Outsiders ( Scott Hall and Kevin Nash ) Hogan double - crossed Savage and Sting , dropping the leg on Savage three times , then forming the New World Order . WCW decided to work Hogan ' s and Savage ' s old real life feud into the storyline , going as far as having Hogan state that if Savage is going to accuse him of his divorce from Elizabeth , then he " doesn ' t need someone as ungrateful as ' The Nacho Man ' as a friend . " Later that year , the former friends faced off at WCW Halloween Havoc for the WCW World Heavyweight Championship . Savage almost had Hogan beat , but thanks to Ted DiBiase and the Giant , Hogan retained the title . nWo ( 1997 - 1998 ) . After losing to Hogan at Halloween Havoc 1996 , Savage went on hiatus . He returned to WCW in January 1997 , joining Sting in the rafters , showing no alliance to either WCW or the nWo for a while . At SuperBrawl 1997 , Savage appeared ringside for the match between Hogan and Rowdy Roddy Piper . Savage turned heel by slipping Hogan a pair of brass knuckles when the referee ' s back was turned . Hogan used the weapon en route to his very first pinfall victory over Piper , and after the match , Hogan and Savage brutalized Piper together . The pair would team often , sometimes with the Outsiders , in tag matches . However , in late 1997 , after Hogan lost the WCW World Heavyweight Championship to Sting , friction popped up between Savage and Hogan again , this time over who the leader of the nWo was . The feud came to a fever pitch when Savage took the title from Sting , only to have Hogan take it from him the next night . After that , the nWo split into two factions , with Hogan ( nWo Hollywood ) and Savage ( nWo Wolfpac ) on separate sides . This also split up the Outsiders , with Nash taking Savage ' s side and Hall taking Hogan ' s side . Millionaire ' s Club ( 2000 ) . In 2000 , Hogan and other legends formed the WCW faction known as the Millionaire ' s Club . During one memorable brawl at the end of a television taping between the Club and their opponents , Savage suddenly ran out and lent the Club his aid , turning the tide and effectively becoming a member after tapping fists with Hogan once the fighting ended . Hogan and Savage had reverted to face status by this time .