Looking for his first WWE Championship, Kane challenged “Stone Cold” Steve Austin for the WWE Championship at the 1998 King of the Ring.

Before the match could even begin, Mr. McMahon promised that there would be a new WWE Champion when all was said and done. This was a first blood match, which did not bode well for Austin, since Kane was wearing a mask. During the match, Mankind came down to the ring to try and take out Austin due to past differences, but Austin connected with a stunner. Undertaker also made an appearance, as he tried to take out Mankind. He swung at him with a chair but hit Austin instead, busting The Texas Rattlesnake wide open. The referee saw Austin’s blood and called for the bell.

Kane’s reign as WWE Champion only lasted one day, as he lost the title back to Austin the next night on Raw.