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#2 WWE King of the Ring
There are few things better in WWE than a well-booked tournament. Quite a few things can be accomplished through it, like an increased urgency and quality in matches as well as the creation of new stars. The King of the Ring tournament has done a lot for WWE over the years.
At its best, King of the Ring helped to advance the careers of legends like 'Stone Cold' Steve Austin and Triple H. At the very least, it has provided WWE fans with some fun action with stakes attached to it. Last year's King of the Ring tournament is a perfect example, with a multitude of excellent matches on RAW and SmackDown.
It instantly improved WWE's weekly product and should become an annual occurrence. The company could make King of the Ring a really big thing again, especially with the deep roster that they currently have. It should return as a pay-per-view, with a rich history behind it.
Events centered around tournaments are generally memorable, with the drama of King of the Ring seemingly guaranteeing an entertaining show. It would certainly liven up any part of WWE's year between any of the 'big four' pay-per-views.
