WRESTLEFILE EVENT FILE

Saturday Night's Main Event XXXVIII (2025): Jacob Fatu Loses the Match and Wins the Night

The factual record, historical context, match-by-match analysis, and WrestleFile verdict.

WWEJanuary 25, 2025Frost Bank Center
THE WRESTLEGRADEB+8.1 / 10FINAL EVENT SCOREMASTER FILE RANK#400OF 1015
PROMOTION
World Wrestling Entertainment
DATE
January 25, 2025
VENUE
Frost Bank Center
LOCATION
San Antonio, Texas
ATTENDANCE
15,575
EVENT TYPE
TV Special
THE FILE

Saturday Night's Main Event XXXVIII understands the assignment better than the December revival did. It has four matches, three championships, one hometown Shawn Michaels appearance and almost no dead weight. The show is compact enough to feel like network television and important enough to feel one step below a premium live event. Then Jacob Fatu gets disqualified, keeps attacking Braun Strowman and somehow becomes the most memorable person in a night that also includes Gunther, Jey Uso, Rhea Ripley, Bron Breakker and Sheamus.

Read the Full FileContinue the event-level analysis

That is the trick of this episode. The best wrestling comes from Gunther and Jey in the main event, where Jey survives enough punishment to make a title change briefly imaginable without turning Gunther into something less than the World Heavyweight Champion. Breakker and Sheamus deliver the most physical match underneath it, working like two men who have been told the Intercontinental Championship should hurt to chase. Rhea Ripley and Nia Jax open with a solid power match that asks Ripley to fight from underneath instead of simply overpowering another challenger.

Fatu and Strowman are different. Their match is only decent, but the ending is an outstanding piece of character presentation. Fatu ignores the referee, shoves him down, destroys Strowman after the bell, knocks aside security and keeps returning for more moonsaults while the audience cheers the violence. A disqualification normally makes the loser look reckless or stupid. Here it makes Fatu look uncontrollable, which is exactly the point.

The Cody Rhodes-Kevin Owens contract signing is similarly efficient. Shawn Michaels is the obvious moderator in San Antonio, Owens is angry enough to make a contract signing feel personal, and Michaels getting one Sweet Chin Music spot gives the hometown audience its nostalgia without allowing the segment to consume the entire show. The Winged Eagle belt and ladder stipulation are then visually ready for Royal Rumble one week later.

WrestleFile lands at B+ / 8.1. The commercials interrupt the televised versions of several matches and Fatu-Strowman never becomes great wrestling, but the show keeps finding ways to make its stars feel larger when they leave than when they entered. Gunther retains, Breakker retains, Ripley retains, Jey loses and Fatu technically loses. Somehow almost everyone comes out stronger. For a two-hour television special seven days before the Royal Rumble, that is exceptionally efficient wrestling television.

Event ContextBackground, stakes & historical setting

Saturday Night's Main Event XXXVIII took place on January 25, 2025, at Frost Bank Center in San Antonio, Texas. WrestleTix later estimated 15,575 tickets distributed, while some event listings cite a larger announced attendance figure. WrestleFile uses 15,575 with medium confidence because it is the strongest independent ticket estimate tied directly to the event.

The special was the second Saturday Night's Main Event of WWE's modern NBC revival after the December 2024 return. It aired live on NBC and Peacock in the United States, while international availability varied by market. The NBC broadcast averaged 1.494 million viewers with a 0.33 rating among adults 18-49, down from the December special but still giving WWE another substantial network television audience.

Four televised matches filled the wrestling portion of the show. Rhea Ripley defended the Women's World Championship against Nia Jax, Bron Breakker defended the Intercontinental Championship against Sheamus, Braun Strowman faced Jacob Fatu, and Gunther defended the World Heavyweight Championship against Jey Uso. LA Knight defeated Carmelo Hayes in a dark match before the broadcast and is not included among WrestleFile's match grades.

The show also contained a major Royal Rumble segment. San Antonio native Shawn Michaels moderated the contract signing between Undisputed WWE Champion Cody Rhodes and Kevin Owens for their ladder match one week later. Owens attacked Cody and attempted a Package Piledriver on Michaels before Cody intervened and Michaels hit Owens with Sweet Chin Music. Jesse Ventura also returned to the Saturday Night's Main Event presentation and joined commentary for the Intercontinental Championship match.

VIEWING GUIDE

Watch, Skim or Skip?

WATCH
  • Gunther vs. Jey Uso - World Heavyweight Championship
  • Bron Breakker vs. Sheamus - Intercontinental Championship
  • Jacob Fatu's post-match destruction of Braun Strowman
  • Cody Rhodes-Kevin Owens contract signing with Shawn Michaels
SKIM
  • Rhea Ripley vs. Nia Jax - Women's World Championship
  • Braun Strowman vs. Jacob Fatu before the disqualification
SKIP
    MATCH-BY-MATCH ANALYSIS

    The Card, On the Record

    01Rhea Ripley (c) def. Nia Jax - Women's World ChampionshipB-

    Rhea Ripley and Nia Jax open with the right kind of match for a short television special. Jax attacks before the bell and immediately forces Ripley into a different role from her usual power-dominant presentation. Ripley has to move, counter and find unusual ways to create leverage against an opponent she cannot simply throw around whenever she wants.

    The best moments come from that adaptation. Ripley uses a Code Red, survives the middle-rope offense and eventually counters the Annihilator position with an electric-chair drop. Jax also shifts her weight during a Riptide attempt and creates a nearfall that briefly makes the champion look vulnerable. The match never becomes a classic, but it has enough escalation to feel like a championship defense rather than filler.

    B- / 7.4 reflects a strong opener whose biggest strength is variety. Ripley retains with the Riptide after finding a way through the size disadvantage, while Jax loses without being flattened. Both women leave in essentially the same hierarchy, which is appropriate this close to Royal Rumble.

    The match also benefits from ending before the formula becomes repetitive. Their chemistry is based on impact and contrast, not twenty minutes of intricate counters. In this setting, around ten minutes is exactly enough.

    VERDICT

    A strong, compact opener that makes Ripley solve a size problem instead of simply overpowering another challenger.

    02Bron Breakker (c) def. Sheamus - Intercontinental ChampionshipB+

    Bron Breakker and Sheamus wrestle like the Intercontinental Championship has been hidden inside a car crash. The appeal is obvious from the first exchange: Sheamus can absorb Breakker's speed and power without looking overwhelmed, while Breakker is athletic enough to turn standard heavyweight spots into something much more violent. The spear on the floor after Sheamus launches himself from the steps is the perfect example.

    Sheamus' championship pursuit gives the match emotional clarity. He has won almost everything else available to him in WWE, so the Brogue Kick nearfall matters more than a generic challenger getting two. Breakker's foot reaches the rope, Sheamus realizes how close he was, and the audience briefly believes the missing title might finally be his. That nearfall is the entire match in miniature.

    Breakker recovers, survives another attack and finishes with the Spear. B+ / 8.3 gives the match credit for excellent physical chemistry without pretending they emptied every possible idea. Several reviewers make the same point: the match feels like something WWE can revisit later with even higher stakes.

    This is the best kind of non-final chapter. Breakker retains cleanly enough to strengthen his reign, Sheamus loses without losing the audience's sympathy, and the next meeting already has a reason to matter. The title feels more valuable after eleven minutes than it did before them.

    VERDICT

    A bruising, high-level title defense that turns Sheamus' unfinished championship chase into the match's emotional engine.

    03Braun Strowman def. Jacob Fatu by disqualificationC+

    Braun Strowman and Jacob Fatu spend the opening minutes trying to establish which enormous man can move the other one farther. Strowman wins the first exchanges, Fatu answers with the suicide dive, and the match settles into a series of power collisions that are perfectly acceptable without becoming especially imaginative. Strowman's slower movement keeps the pace from matching the violence the rivalry promises.

    Then Fatu stops caring about the match. He traps Strowman in the corner, hits repeated running attacks, shoves the referee down when told to stop and gets disqualified. As wrestling, that is an abrupt ending to a contest that never found a higher gear. As character work, it is the beginning of the part everyone remembers.

    Fatu continues after the bell, knocks aside security, leaves Strowman bleeding from the mouth and hits repeated moonsaults even after Tama Tonga tries to calm him. The crowd starts asking for more. C+ / 6.8 grades the match itself while recognizing that the surrounding segment is far more effective than the score might suggest.

    The strange success is that Strowman officially wins and Fatu leaves feeling like the dominant force. WWE uses the disqualification not to protect Fatu from a pin but to show that the rules are beneath his immediate priorities. That distinction turns an average match into one of the night's defining scenes.

    VERDICT

    An average match attached to an outstanding monster angle, with Fatu deliberately losing the decision so he can win the audience's attention.

    04Gunther (c) def. Jey Uso - World Heavyweight ChampionshipA-

    Gunther against Jey Uso works because the match never asks the audience to forget who Gunther is. He controls long stretches with chops, kicks and power, repeatedly cutting Jey off whenever the challenger begins to create rhythm. Jey is not presented as Gunther's equal in technique or damage. He is presented as the man who keeps finding one more burst of offense after the champion thinks the fight is over.

    That distinction matters in the closing stretch. Jey lands the superkick, finds the Spear, later connects with another Spear and the Uso Splash, and suddenly a crowd that understands the likely result is reacting to a believable championship nearfall. Gunther does not need interference or a mistake to escape. He survives, blocks another Spear attempt and ends the match with consecutive powerbombs.

    A- / 8.8 makes this WrestleFile's Match of the Night. The reported Observer rating is even higher, while several television reviews are slightly cooler because commercial breaks remove large sections from the home-viewing experience. The in-ring structure is excellent even if the broadcast presentation makes the full rhythm harder to appreciate.

    The match gains another layer seven days later when Jey wins the Royal Rumble. Suddenly this is not merely a failed January title shot. It becomes evidence that Jey can push Gunther to the edge before earning another chance to choose his WrestleMania opponent. The loss becomes part of the next victory.

    VERDICT

    A terrific champion-underdog main event that gives Jey believable hope without compromising Gunther, then becomes more meaningful one week later.

    BOOKING VERDICTA-

    The booking is strong because WWE resists the temptation to create championship changes simply because the show is on NBC. Rhea Ripley has only recently regained the Women's World Championship, Bron Breakker is still being established as a centerpiece of the Intercontinental division, and Gunther remains central to the WrestleMania season. All three champions retain, but each match gives the challenger enough credibility that the outcome does not feel like a foregone conclusion from the opening bell.

    Breakker-Sheamus is particularly smart. Sheamus is chasing the one major WWE singles championship that has repeatedly escaped him, so the nearfalls matter even when Breakker is the more logical long-term champion. The rope break after the Brogue Kick keeps Sheamus alive emotionally without requiring a disputed finish. Breakker then wins with the Spear, leaving both men credible and keeping the championship attached to the younger star.

    Fatu-Strowman is the night's most aggressive creative choice. Strowman officially wins by disqualification, but the result is almost irrelevant because Fatu refuses to stop attacking him. The post-match moonsaults and security destruction turn the loss into a statement: normal competitive consequences do not matter to Fatu as much as hurting somebody. It is exactly the sort of defeat that can strengthen a monster character.

    Gunther defeating Jey is also more important in hindsight because Jey wins the Royal Rumble seven days later. The title loss establishes that he can push Gunther without defeating him, which creates a ready-made championship story if Jey later chooses Gunther for WrestleMania. A- reflects a show where every major result protects the immediate champion while opening another door for the challenger.

    CROWD & PRESENTATIONA-

    Frost Bank Center gives the show the right scale. It is large enough to make the network special look substantial but compact enough that the audience feels close to the ring. San Antonio also gives WWE a natural nostalgia advantage. Shawn Michaels can appear without explanation, Ted DiBiase, Dory Funk Jr., Jim Duggan, Alundra Blayze, Mark Henry, Arn Anderson and Tully Blanchard can be shown around ringside, and the retro Saturday Night's Main Event identity feels connected to an actual wrestling city rather than pasted onto a random arena.

    The broadcast presentation is deliberately old and new at the same time. Jesse Ventura and Joe Tessitore appear from a podium, Lilian Garcia uses a hanging microphone, and the opening sequence leans into the history of the series. Meanwhile, Breakker's speed, Fatu's violence and the modern production around Gunther-Jey make clear that WWE is not trying to reproduce 1987 move for move. The nostalgia acts as framing rather than the entire attraction.

    Commercial breaks are the biggest weakness. Cook's review notes that Gunther-Jey is especially difficult to judge from the NBC version because two breaks remove meaningful chunks of the match, and the same issue affects other bouts. The current Peacock episode runs about 83 minutes, which makes the special easy to revisit but also reminds the viewer how much televised wrestling was divided by advertising.

    The crowd is strongest for the biggest emotional peaks: Sheamus nearly winning the Intercontinental Championship, Michaels hitting Sweet Chin Music, Fatu repeatedly returning for more damage and Jey's late nearfalls against Gunther. Fatu's reception is especially telling because the audience begins cheering a man who has just been disqualified for refusing to obey the referee. A- reflects a presentation that feels lively, intentional and unusually efficient despite the limitations of network television.

    HISTORICAL SIGNIFICANCEB-

    The most important historical thread is Jey Uso. He challenges Gunther for the World Heavyweight Championship and loses after pushing the champion deep into the match. Seven days later, Jey wins the men's Royal Rumble by last eliminating John Cena. The San Antonio title match therefore becomes a useful prologue to the biggest singles victory of Jey's career rather than an isolated unsuccessful challenge.

    Jacob Fatu's post-match attack is the other moment that grows larger with time. WWE already presents him as dangerous, but destroying Braun Strowman after intentionally getting disqualified gives the character a different level of menace. The audience cheering repeated moonsaults confirms that the violence is not merely heat; Fatu is becoming an attraction in his own right. Several reviews identify the angle as one of the strongest parts of the entire broadcast.

    The Cody Rhodes-Kevin Owens contract signing directly sets the visual terms for their Royal Rumble ladder match. Shawn Michaels moderating in San Antonio brings the history of ladder matches and the Winged Eagle championship into the same segment without requiring a long retrospective package. Michaels' superkick gives the hometown crowd a classic beat while keeping the central issue on Cody and Owens.

    The event also continues WWE's experiment with Saturday Night's Main Event as a network-era special rather than a conventional premium live event. NBC drew 1.494 million viewers, Peacock carried the simulcast, and WrestleTix estimated more than 15,000 tickets distributed. B- reflects a show that does not change wrestling history overnight but serves as an important bridge between the January television cycle and Royal Rumble.

    WHAT AGED WELL
    • Gunther vs. Jey Uso works even better knowing Jey wins the Royal Rumble one week later and can immediately point back to this loss.
    • Jacob Fatu's post-match destruction of Braun Strowman is more memorable than many clean victories because it establishes personality through violence.
    • Bron Breakker and Sheamus wrestle an Intercontinental Championship match that feels physical without exhausting the rivalry's possibilities.
    • Shawn Michaels moderating Cody Rhodes and Kevin Owens in San Antonio is nostalgia with a direct storyline purpose.
    • Rhea Ripley defeating Nia Jax by adapting her offense gives the opener more texture than a simple power contest.
    • The two-hour network format keeps the show focused and prevents secondary material from overwhelming the important stories.
    WHAT AGED POORLY
    • Commercial interruptions make the broadcast versions of the stronger matches feel less complete than the in-arena performances.
    • Braun Strowman vs. Jacob Fatu is remembered almost entirely for what happens after the bell rather than the match itself.
    • All three champions retaining reduces result uncertainty even though the individual matches work.
    • The Cody-Owens contract signing briefly risks making Shawn Michaels the star of somebody else's feud when he superkicks Owens.
    • The retro celebrity cameos are fun in San Antonio but add little for viewers with no attachment to earlier Saturday Night's Main Event eras.
    • The network special sits awkwardly between television episode and premium event, which can make historical classification less obvious.
    RESEARCH VERDICTWhere the Evidence Lands

    Critical response to Saturday Night's Main Event XXXVIII ranges from very positive to unusually harsh, but the center is clearly favorable. Thomas Hall at 411Mania gives the show 8.5 out of 10 and Steve Cook gives it 8.0, both praising the efficient card and the Fatu angle. RDB Reviews is a major outlier at 4 out of 10, criticizing short matches and commercial interruptions. Cagematch audience reaction also places the event well above average.

    The reported Wrestling Observer ratings identify Gunther-Jey as the strongest match at 4.5 stars, followed by Breakker-Sheamus at 3.75, Rhea-Nia at 3 and Fatu-Strowman at 2.75. That shape matches WrestleFile's assessment even if the exact numbers differ. Gunther-Jey is the best complete match, Breakker-Sheamus is the strongest undercard bout, and Fatu-Strowman succeeds more as character development than as bell-to-bell wrestling.

    Hall's individual grades are somewhat lower than the complete-show score, with B for Gunther-Jey and Rhea-Nia and B- for Breakker-Sheamus and Fatu-Strowman. Cook is more enthusiastic about Breakker-Sheamus and less enthusiastic about the televised main event because the commercial breaks remove so much action. Those differences reinforce the importance of judging both the in-ring work and how the NBC audience actually received it.

    WrestleFile lands at B+ / 8.1. The show does not have the depth of a major premium live event, but it is not trying to. It succeeds as a focused two-hour special with one excellent main event, one very good secondary title match, a solid opener, a star-making angle and a useful Royal Rumble contract segment. That is more than enough to justify the grade.

    RESEARCH SOURCESSources & Methodology
    23 sources

    These sources support the event record, historical context, critical reception, and streaming information used throughout this Event File.

    1. Cagematch - Saturday Night's Main Event XXXVIIIEvent identity and retrospective audience-rating reference.
    2. Cagematch - Saturday Night's Main Event XXXVIII ratingsRetrospective audience-score comparison.
    3. Bleacher Report - Saturday Night's Main Event live gradesIndependent results, grades and immediate reaction.
    4. WrestleZone - Saturday Night's Main Event results and gradesIndependent match grades and event reaction.
    5. WrestleZone - NBC viewershipNBC audience and adults 18-49 rating.
    6. RDB Reviews - Saturday Night's Main Event XXXVIIICritical outlier review and complete-show score.
    7. TheSportster - January 2025 matches rankedCard-wide retrospective ranking and assessment.
    8. WhatCulture - Saturday Night's Main Event ups and downsIndependent creative assessment of the show.
    9. 411Mania - Steve Cook review8.0 complete-show score and match-by-match analysis.
    10. 411Mania - Thomas Hall review8.5 complete-show score and match-by-match analysis.
    11. ScreenRant - January 2025 ending explainedPost-show storyline meaning and Royal Rumble context.
    12. StadiumRant - Saturday Night's Main Event reviewIndependent assessment focused on Breakker-Sheamus and overall intensity.
    13. PWTorch - January 25 NBC ratings reportNielsen audience and adults 18-49 comparison with December.
    14. Fightful - January 25 network television ratingsNBC viewership and demographic cross-check.
    15. WWE - Saturday Night's Main Event resultsOfficial winners, championship results and Fatu post-match attack.
    16. WWE - January 25 Saturday Night's Main EventOfficial event page and network presentation details.
    17. TJR Wrestling - reported Observer ratingsReported Wrestling Observer ratings for the four televised matches.
    18. WrestleTix via Wrestlenomics - January 25Independent final ticket-distribution estimate.
    19. PWTorch - live Saturday Night's Main Event reportShow-time ticket estimate and detailed match context.
    20. WrestleRant - January 25 reviewIndependent match-by-match perspective.
    21. WrestleTalk - January 25 resultsMatch times and result cross-check.
    22. Peacock - January 25, 2025 full episodeCurrent direct U.S. viewing page and runtime.
    23. Apple TV - January 25, 2025 episodeRuntime and card cross-check.
    WHERE TO WATCH

    Stream This Event

    Checked August 14, 20261 OPTION
    United States

    Peacock - Full episode

    Watch on PeacockPeacock currently lists the January 25, 2025 episode as Season 10, Episode 1 with an 83-minute runtime.

    WrestleFile lists only streaming options we have specifically confirmed. Availability varies by country and can change.