| 1 | WM4 — Alliance Born — Hogan Supports Savage March 27, 1988 — WM4 Final Ringside The Mega Powers alliance was born at WM4 when Hulk Hogan threw a chair at ringside during Savage's championship final against DiBiase, then celebrated with Savage and Miss Elizabeth after the title win — the warmth of the moment masking the seeds of eventual jealousy. | WM4 — March 27, 1988 | Hogan at ringside supports Savage — Mega Powers born | Hogan's closeness to Elizabeth planted first jealousy seeds |
| 2 | SummerSlam 1988 — Mega Powers vs. Mega Bucks Miss Elizabeth As Special Referee — Mega Powers Peak The inaugural SummerSlam 1988 featured The Mega Powers (Hogan & Savage) vs. The Mega Bucks (DiBiase & Andre) with Miss Elizabeth as the special outside enforcer — the Mega Powers won in a triumphant peak of their partnership. | SummerSlam 1988 — August 29, 1988 | — | — |
| 3 | Saturday Night's Main Event — Savage's Jealousy Begins Twin Towers Attack — Elizabeth Carried by Hogan At a Saturday Night's Main Event, The Twin Towers brutally attacked Hogan and accidentally knocked Elizabeth unconscious — Hogan then carried Elizabeth to the back, infuriating Savage who saw Hogan carrying his manager/girlfriend. | Saturday Night's Main Event — Late 1988 | — | — |
| 4 | Royal Rumble 1989 — Hogan Eliminates Savage Accidentally January 15, 1989 — Tensions Escalate At the Royal Rumble on January 15, 1989, Hulk Hogan accidentally eliminated Randy Savage while trying to eliminate Bad News Brown — Savage was furious and the Mega Powers' relationship deteriorated further. | Royal Rumble — January 15, 1989 | — | — |
| 5 | The Main Event II — February 3, 1989 — Mega Powers Explode Savage Turns Heel — Attacks Hogan On The Main Event NBC special on February 3, 1989, The Mega Powers faced The Twin Towers in a tag match — Savage was thrown onto Elizabeth, Hogan carried her backstage again, Savage returned to slap Hogan, turned heel, and attacked him backstage — the full Mega Powers Explosion occurred on live television. | The Main Event II — NBC, February 3, 1989 | — | — |
| 6 | Savage Cuts Promo — 'The Cream Always Rises to the Top' Best Pre-WM5 Promo in Wrestling Randy Savage's pre-WM5 promos with Miss Elizabeth — particularly his 'The cream rises to the top!' rant — are considered some of the greatest character work in Golden Era WWF, perfectly articulating Savage's paranoid, jealous, self-righteous heel persona. | WWF TV Promos — January–April 1989 | — | — |
| 7 | Hogan Challenges Savage for WWF Title — WM5 Set The Title Match Officially Announced After Savage's heel turn and backstage attack, Hulk Hogan issued the formal championship challenge for WrestleMania 5 — Savage accepted as WWF Champion, setting up the most anticipated WM main event since WM3. | Challenge Issued — February/March 1989 | — | — |
| 8 | Miss Elizabeth's Neutral Corner Role at WM5 Neither Savage Nor Hogan's Corner — Neutral The WWF made the dramatic decision to place Miss Elizabeth in a neutral corner for the WM5 main event — neither in Hogan's nor Savage's corner, representing her status as caught between the two men. She was eventually sent to the back by the referee during the match. | — | — | — |
| 9 | WM5 Main Event — Hogan Wins in 17:54 The Cream Does Rise — But Not Savage's Hulk Hogan defeated Randy Savage with the Atomic Leg Drop at 17:54 to win his second WWF Championship — the Mega Powers Explode storyline's perfect pay-off with Hogan's victory over his former partner in the most emotionally resonant WM main event to that point. | WrestleMania 5 Main Event — April 2, 1989 | — | — |
| 10 | Post-WM5 — Savage's Continued Heel Run and Elizabeth Split Savage Continues Without Elizabeth After WM5, Randy Savage continued as the WWF's top heel — eventually separating entirely from Miss Elizabeth (who aligned with Hogan) before their real-life and on-screen reconciliation at SummerSlam 1991 in one of wrestling's most famous moments. | Post-WM5 1989–1991 | — | — |