The Rey de Reyes (English: "King of Kings") 1998 was the second annual Rey de Reyes professional wrestling tournament and show show promoted by Asistencia Asesoría y Administración (AAA). The event took place on March 1, 1998 in the Toreo de Cuatro Caminos arena in Naucalpan, Mexico State, Mexico. The Rey de Reyes tournament consisted of a semi-final round of four four-man elimination matches and a final match with the winners of each of the semi-finals facing off in an elimination match until only one man remains. The final of the 1998 Rey de Reyes tournament pitted Perro Aguayo, Latin Lover, Cibernético and Octagón against each other. Besides the five tournament matches the show also featured a Mini-Estrella match, an Eight-man "Atómicos" tag team match and a Steel Cage match.