The 1992 WWE Royal Rumble was the fifth annual Royal Rumble. It took place on January 19, 1992 at The Knickerbocker Arena in Albany, New York. The main event, as in past Royal Rumble events, was the event's namesake match. The 1992 Royal Rumble match was historic because for the first time in the history of WWE, the last man standing in the match would win the WWE Championship, which had been vacated in December 1991. The match was won by Ric Flair, who last eliminated Sid Justice to win the match and the WWE Championship. Featured matches on the undercard were The Natural Disasters vs. The Legion of Doom for the WWE World Tag Team Championship, The Beverly Brothers vs. The Bushwhackers & Roddy Piper versus The Mountie for the WWE Intercontinental Championship.

• Ric Flair
• Sid Eudy
• Hulk Hogan
• Randy Poffo
• Robert Remus
• Mark Calaway
• Roddy Piper
• Rick Vigneault