Money in the Bank ladder match The Money in the Bank Ladder Match is a standard six man ladder match exclusive to World Wrestling Entertainment with the premise of the winner receiving a contract for a match for the World Heavyweight , WWE , or ECW Championship at a time and place of their choosing within one year of winning the match . These matches have been held at WrestleMania since their inception at " WrestleMania 21 " in 2005 . Those who win the match later began to be regularly referred to by the WWE as " Mister Money in the Bank " . In the same way that championships are represented by title belts , the " Money in the Bank " is represented by a briefcase carried by the winner supposedly containing the contract which is cashed in for a title match . The appearances of the briefcase is usually customized for the person who is holding it . The contract ( if it hasn ' t yet been cashed in ) can also be defended in matches ( ladder or not ) in much the same way a championship is . Like the Royal Rumble , the winner of the Money in the Bank match is usually perceived ( by fans and backstage insiders of the business ) , as a rising star and or star who has worked hard in WWE and is positioned to be inserted into the main event picture soon after . History . 2005 . The " Money in the Bank " match was created by Chris Jericho in early 2005 . He pitched the idea on an episode of " RAW " and General Manager Eric Bischoff signed it for " WrestleMania 21 " , naming Chris Jericho , Christian , Chris Benoit , Edge , Kane , and Shelton Benjamin as the participants . The winner of the match would be the person who ascended the ladder and unlatched a hanging briefcase containing the guaranteed contract . Edge won the match . He then carried and used the briefcase as a weapon for the next nine months including once putting it on the line against Matt Hardy at " WWE Homecoming " , in a match where the loser had to leave " RAW " . Edge used the contract at the January 2006 " New Year ' s Revolution " , defeating WWE Champion John Cena in less than two minutes directly after Cena had retained his title in an Elimination Chamber match . Cena reclaimed the title at the " Royal Rumble " , exactly three weeks later . 2006 . The " Money in the Bank " idea was revived by Carlito on a February 2006 episode of " RAW " . Mr . McMahon approved the suggestion and set up " qualifying matches " for the match that would take place at " WrestleMania 22 " . It was later announced that the match was to be " interpromotional " and that General Manager Theodore Long would also set up " qualifying matches " to select three members of his roster to compete . In the " RAW " brand qualifying matches ; Rob Van Dam defeated Trevor Murdoch , Shelton Benjamin defeated Chavo Guerrero , and Ric Flair defeated Carlito . On " SmackDown ! " Finlay defeated Bobby Lashley and Matt Hardy defeated The Road Warrior . Lashley , however , was able to get into the match by winning a " Last Chance Battle Royal " . Rob Van Dam won this " Money in the Bank " ladder match after pushing Benjamin and Hardy off of a ladder , while he was on another ladder , and retrieving the briefcase . That April , Van Dam defended the contract and won the Intercontinental title in a match against Shelton Benjamin in a " contract vs title " match at " Backlash " . This match was the first match in which the Money in the Bank contract would not be contested in a ladder match . Rob Van Dam cashed in his contract at the Extreme Championship Wrestling pay - per - view " One Night Stand " , and defeated John Cena to win the WWE Championship . The match ended with Cena getting screwed after Edge , the # 1 contender to the title , interfered on behalf of Van Dam and speared Cena through a table , knocking him out long enough for Van Dam to hit his Five Star Frog Splash and allow Paul Heyman to replace the unconscious referee to count the pinfall . Rob Van Dam would successfully defend the title against Edge two weeks later at " Vengeance " . However , Van Dam would go on to lose the title to Edge in a triple threat match that also featured John Cena on the July 3 , 2006 episode of RAW . This happened directly after Van Dam being arrested for drug possession . 2007 . The third Money in the Bank Ladder match took place at WrestleMania 23 and featured eight participants from RAW , SmackDown ! and the new ECW brand . Raw ' s qualifying matches saw 2005 winner Edge defeat 2006 winner Rob Van Dam ( from ECW ) . Jeff Hardy defeated Shelton Benjamin and a no contest between Carlito and Ric Flair that resulted in a rematch in which Randy Orton bribed his way into and won to qualify . On SmackDown ! King Booker defeated Kane in a falls count anywhere match , Matt Hardy defeated Joey Mercury and Finlay defeated MVP and Chris Benoit in a triple threat match . ECW ' s qualifying matches featured ECW ' s CM Punk defeating Raw ' s Johnny Nitro and SmackDown ! ' s Mr . Kennedy defeating ECW ' s Sabu . The match would be won by Mr . Kennedy , who would then appear on both Raw and SmackDown ! regularly bragging of his win , eventually declaring he would cash it in at WrestleMania XXIV . A countdown clock was put up on WWE . com counting down the days until he was to cash it in . On the May 7 , 2007 edition of Raw he was challenged by Edge to put the briefcase on the line that night , which Kennedy accepted . On the way to the ring for the match he was sneak attacked by Edge who would quickly defeat a beaten down Kennedy for the contract . The next night at the WWE Friday Night SmackDown ! taping World Heavyweight Champion The Undertaker and challenger Batista would wrestle for the title in a steel cage match . The match would end in a draw when both escaped at the same time , and a bloody Undertaker would then be attacked by a returning Mark Henry afterwards . Finally Edge made a surprise appearance and cashed in the contract , winning the World Title from The Undertaker and effectively becoming a part of the SmackDown ! roster . He would go on to feud with Batista and was forced to vacate the title in June due to injury . 2008 . The fourth Money in the Bank ladder match took place at WrestleMania XXIV and featured seven participants from the 3 brands . In the Raw qualifying matches , Jeff Hardy defeated Snitsky , 2007 winner Mr . Kennedy defeated Val Venis , Chris Jericho defeated Jeff Hardy in a match that was only a qualifier for Jericho , and Carlito defeated Cody Rhodes . On SmackDown ! , Shelton Benjamin defeated Jimmy Wang Yang , WWE Tag Team Champion John Morrison defeated co - champion The Miz and Montel Vontavious Porter defeated Jamie Noble at a house show . On ECW CM Punk defeated Big Daddy V . On March 11 , 2008 , Hardy was suspended for 60 days due to a Wellness Policy violation and removed from the match , he was not replaced and the match only featured seven participants as a result . CM Punk would win the match . Shortly after this he would briefly align himself with ECW Champion Kane to feud with WWE Tag Team Champions John Morrison and The Miz , failing twice to capture the championships . On the June 23 , 2008 three hour draft edition of Raw , Punk would be drafted to Raw from ECW . On the next Raw , Friday Night Smackdown ' s World Heavyweight Champion Edge appeared on Raw to brag that Raw had no World Title ( WWE Champion Triple H was drafted to SmackDown ! ) and the Raw superstars would never get a shot at his title again . Edge was then attacked by rival and Raw draftee Batista who left him laid out in the middle of the ring . Punk took advantage of this and cashed in the contract and defeated Edge for the World Title , bringing it to Raw in the process . He successfully defended the title against JBL later that night . 2009 . The Money in the Bank ladder match at the 25th Anniversary of WrestleMania was one of the most intense contests yet . Though it is usually a match that favors quicker , more agile Superstars , this particular iteration had some powerhouse ringers in the form of Mark Henry and Kane . But once again , CM Punk overcame all of the competition , climbing to the top of the ladder to retrieve his second Money in the Bank briefcase and become the first Superstar to win consecutive Money in the Bank Ladder Matches . A few months later , after joining the Smackdown roster , CM Punk once again picked an opportune moment to cash in his contract . At Extreme Rules , Jeff Hardy survived a brutal , punishing Ladder Match of his own to win his first World Heavyweight Championship . The charismatic enigma didn ' t have long to celebrate however , as The Straightedge Superstar traded in his briefcase immediately after the match , hitting Hardy with multiple Go to Sleeps to win his second World Heavyweight Title . 2010 . February – April . On the February 22 episode of " Raw " , it was announced that the sixth annual Money in the Bank ladder match would take place at WrestleMania XXVI . The first qualifying match was held later that night , where Christian defeated Carlito to qualify . Three more qualifying matches were held on the February 26 episode of " SmackDown " , with Dolph Ziggler defeating John Morrison and R - Truth in a Triple Threat match , Kane defeating Drew McIntyre , and Shelton Benjamin defeating CM Punk to qualify . The March 1 episode of " Raw " saw both Jack Swagger and Montel Vontavious Porter qualify by defeating Santino Marella and Zack Ryder respectively . Matt Hardy was the next to qualify for the match when he defeated Drew McIntyre on the March 5 episode of " SmackDown " . In what was initially declared as the final qualifying match , Evan Bourne defeated William Regal on the March 8 episode of " Raw " to become the eighth competitor . Due to his favorable association with WWE Chairman Vince McMahon , McIntyre was given a third chance on the March 12 episode of " SmackDown " to qualify for the match . In what would also be made a WWE Intercontinental Championship defense by SmackDown general manager Theodore Long , McIntyre defeated local competitor Aaron Bolo to qualify . On the March 23 episode of " Raw " , the number of participants was once again increased to a record ten , when Kofi Kingston defeated Vladimir Kozlov to qualify . At WrestleMania XXVI , Jack Swagger won the match after knocking Christian off a ladder with the briefcase itself . The following night on " Raw " , Swagger attempted to cash in his shot against the WWE Champion John Cena after ambushing Cena . However , as Cena recovered too quickly from the ambush , Swagger cancelled his match and retained his contract . The next night , at the taping for the April 2 , 2010 episode of " SmackDown " , after Edge attacked then World Heavyweight Champion Chris Jericho , Swagger cashed in his contract and successfully claimed the World Heavyweight Championship . June – November . In February 2010 , WWE announced that " Money in the Bank " would be the title to their July 18 pay - per - view event at the Sprint Center in Kansas City , Missouri . The event included two Money in the Bank ladder matches featuring the Raw and SmackDown brands respectively . Unlike previous iterations of the match , the winners can only challenge for their own brand ' s World Championship . All eight competitors for the Raw brand ' s match were announced on the June 28 episode of " Raw " by [ [ List of WWE Raw guest host Rob Zombie . The eight competitors were [ [ Randy Orton ] ] , [ [ The Miz ] ] , [ [ Ron Killings | R - Truth ] ] , [ [ Chris Jericho ] ] , [ [ Evan Bourne ] ] , [ [ Ted DiBiase , Jr . | Ted DiBiase ] ] , [ [ John Morrison ( wrestler ) | John Morrison ] ] and [ [ Edge ( wrestler ) | Edge ] ] . On the July 5th episode of Raw , R - Truth was involved in an injury storyline with The Miz and was subsequently removed from the match and replaced by [ [ Mark Henry ] ] . Two days later , WWE announced six of the competitors for the SmackDown brand ' s match through its official website : [ [ Matt Hardy ] ] , [ [ Kane ( wrestler ) | Kane ] ] , " Dashing " [ [ Cody Rhodes ] ] , [ [ Christian ( wrestler ) | Christian ] ] , [ [ Kofi Kingston ] ] and [ [ Big Show | The Big Show ] ] . On the July 9th episode of SmackDown , [ [ Drew McIntyre ] ] and [ [ Dolph Ziggler ] ] both competed in qualifying matches and were added to the match . At the PPV , Kane won the " SmackDown " Money in the Bank match . He cashed it in the same night by defeating [ [ Rey Mysterio ] ] to win the World Heavyweight Championship . He also became the quickest man to cash in the briefcase . For " Raw " , [ [ The Miz ] ] won that brand ' s Money in the Bank contract . After a couple of aborted attempts ( which due to the bell not sounding to start the matches , allowed Miz to keep the briefcase ) , Miz finally cashed in his title opportunity on the November 22 , 2010 episode of " Raw " , immediately after Randy Orton successfully retained the WWE Championship against [ [ Wade Barrett ] ] in which [ [ Nexus ( professional wrestling ) | The Nexus ] ] attacked Orton before the match and injured his right leg . Miz went on to defeat Orton with a Skull Crushing Finale to win his first WWE Championship . 2011 . [ [ WrestleMania XXVII ] ] was the first such event in six years that did not feature a Money in the Bank ladder match . However , a second [ [ Money in the Bank 2011 | Money in the Bank ] ] pay - per - view took place on July 17 , 2011 at the [ [ Allstate Arena ] ] in [ [ Rosemont , Illinois ] ] . Raw ' s [ [ Alberto Del Rio ] ] and SmackDown ' s [ [ Bryan Danielson | Daniel Bryan ] ] won their respective brands ' 2011 Money in the Bank Ladder Match . At the end of the night , after CM Punk won the WWE Championship from [ [ John Cena ] ] , [ [ Vince McMahon , Jr . | Vince McMahon ] ] ordered Del Rio to come in and attempt to cash in his briefcase against Punk . ( Punk had threatened to leave the company after the pay - per - view , as his contract was expiring . ) Del Rio came out to do so , but got taken out with a kick to the head , and Punk fled through the crowd . A similar cash - in attempt was performed on then - champion Rey Mysterio on the July 25 , 2011 episode of " Raw " , but Del Rio was again unable to cash in the briefcase . However , Del Rio was able to cash in his briefcase and defeated CM Punk for the WWE Championship at [ [ SummerSlam ] ] on August 14 , 2011 . On the July 22 , 2011 episode of " SmackDown " , Daniel Bryan announced that he was going to cash his contract in at [ [ WrestleMania XXVIII ] ] . On the November 25 , 2011 episode of " SmackDown " , Daniel Bryan cashed in on World Heavyweight Champion [ [ Mark Henry ] ] , who had been knocked out by the [ [ Paul Wight | Big Show ] ] . Bryan got the pinfall victory and was awarded the championship , however SmackDown General Manager [ [ Theodore Long ] ] overruled the match due to Henry not being medically cleared to compete , the first time a Money in the Bank cash - in match was reversed . Since the match never officially took place , Bryan was given the briefcase back and again reiterated that he planned on cashing in at WrestleMania XXVIII . On December 18 , 2011 at the [ [ TLC : Tables , Ladders & Chairs 2011 | TLC : Tables , Ladders & Chairs ] ] pay - per - view Big Show defeated Mark Henry to win the World Heavyweight Championship , Bryan then cashed in his briefcase on Big Show to win his first World Heavyweight Championship . 2012 . For the second straight year , a Money in the Bank ladder match didn ' t take place at [ [ WrestleMania XXVIII | WrestleMania ] ] . But a third [ [ Money in the Bank 2012 | Money in the Bank ] ] pay - per - view took place on July 15 , 2012 at the [ [ US Airways Center ] ] in [ [ Phoenix , Arizona ] ] . There were the usual two Money in the Bank ladder matches ; however , the matches were no longer separated by brands ( RAW and SmackDown ) . Instead , they were separated by Championship ( WWE Championship and World Heavyweight Championship ) . [ [ Seth Rollins ] ] defeated [ [ Brock Lesnar ] ] ( c ) ( w / [ [ Paul Heyman ] ] ) & [ [ Roman Reigns ] ] in a Triple Threat Match to win the [ [ WWE World Heavyweight Championship ] ] at [ [ WrestleMania XXXI ] ] Match history . Money in the Bank defenses . Along with the official Money in the Bank ladder matches that have taken place at WrestleMania , there have been matches in which the current holder of the Money in the Bank contract has placed their championship shot on the line against an opponent . The Money In The Bank contract has only changed hands once in a defense to date . [ [ zh : Money in the Bank ] ] External links . [ [ Category : Match types ] ] [ [ Category : Money in the Bank ] ]