The first ever Leyenda de Plata tournament was held in 1998 from July 24 to 31st in Arena Mexico, Mexico City, Mexico. The tournament was held to commemorate the 15 year anniversary of El Santo's death in 1983. Unlike later tournaments there was no final, instead El Santo's son, El Hijo del Santo faced the winner of the Cibernetico to determine the first winner. Scorpio, Jr. won the cibernetico, outlasting Atlantis, Shocker, Olímpico, Pantera, El Felino, Negro Casas, Tony Rivera, La Fiera, Dr. Wagner, Jr., Blue Panther, Satánico, Karloff Lagarde, Jr., Black Warrior, Último Guerrero and Violencia. Scorpio, Jr. defeated El Hijo del Santo by count-out to win the Leyenda de Plata.