The eleventh match was a WWF Intercontinental Championship match between defending champion The Ultimate Warrior and "Ravishing" Rick Rude with Bobby Heenan in his corner. As the Warrior was doing his usual running entrance, Rude tried to jump-start the match by attempting a knee to Warrior's stomach, only to find that the Warrior was still wearing the Intercontinental belt and hurt his knee with no effect to the champion. Warrior then shoved Rude into the corner 3 times from mid-ring before slapping on a bearhug. Rude hit a missile dropkick on Warrior and went for a cover, but Warrior no-sold and grabbed a second bearhug on Rude. Rude bit but Warrior hit him with a back body drop. He went for a Warrior Splash but Rude hit his knees on Warrior. Rude followed with a back to belly piledriver and got a near-fall on the champion. Rude hit a jawbreaker on Warrior and clotheslined him for a near-fall. He hit Warrior with a Russian legsweep and got another near-fall. Rude hooked on a surfboard but Warrior grabbed the ropes. He powered out hitting Rude with a running shoulder block. He delivered Rude a backbreaker and tried to lift him up, but dropped him clumsily in the ropes. Warrior hit Rude a series of Irish whips in every corner. He missed a Warrior Splash. Rude went for a Rude Awakening but Warrior powered out and clotheslined Rude to the apron. He tried to suplex him back into the ring, but just before he completed the move Bobby Heenan pulled Warrior's leg out from under him, which caused Rude to fall on top of the champion, and held onto it so the weakened Warrior could not escape as Rude pinned him. Rude won the match and became the new WWF Intercontinental Champion in what was Warrior's first pinfall loss in the WWF. Following the match, an enraged Warrior chased Heenan around and into the ring and hit him with a gorilla press drop.