SuperClash III was held on December 13, 1988 from the UIC Pavilion in Chicago, Illinois. It was the third annual SuperClash event produced by the American Wrestling Association and the first and only AWA show to be broadcast on pay-per-view. The Texas-based World Class Wrestling Association (formerly known as "World Class Championship Wrestling"), women wrestling promotion Powerful Women of Wrestling, and Memphis-based Championship Wrestling Association also provided talent for the show.
The show was not a financial success and soon after the WCWA was bought out by Jerry Lawler and Jerry Jarrett and merged with the CWA to become the United States Wrestling Association (USWA).
The PPV was built around talent from the AWA, WCWA, PWOW, CWA and others.
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