On February 18, 2008 WWE said using its website that the fourth annual Money in the Bank ladder match would take place at WrestleMania XXIV, with superstars competing from Raw, SmackDown and ECW. The winner will get a contract to challenge for any of the three WWE World Championships (the WWE Championship of Raw, the World Heavyweight Championship of SmackDown, or the ECW Championship) at any time and any place over a one-year period. Qualifying matches were done to find out who were the participants in the match. Jeff Hardy was at first supposed to be a part of the Money in the Bank ladder match, but was excluded from the event due to his suspension. WWE decided not to fill his spot with another superstar, making this year's Money in the Bank ladder match the first year to only have 7 participants.