The King of Pancrase tournament was a mixed martial arts event held by Pancrase Hybrid Wrestling. It took place at Sumo Hall in Tokyo, Japan on December 16 and 17, 1994. The event was a 16-man tournament to crown the first ever champion of Pancrase. It featured the opening round and quarterfinals of the tournament on the first day, and the semifinals and finals on the second day.

Sebastiaan "Bas" Rutten is a Dutch-American actor, former mixed martial artist, kickboxer and professional wrestler. As a kickboxer, he fought 16 times, winning the first 14 matches by knockout, 13 in the first round, and losing his final two fights, one of them against Frank Lobman for the European Muay Thai title in 1991, with Rutten losing by KO in the first round. In MMA, he was a UFC Heavyweight Champion and a three-time King of Pancrase world champion. After his loss to Ken Shamrock in 1995, he finished his MMA career on a 22 fight unbeaten streak.