In 2007, the tournament was altered to have the first stage consist of 16 competitors to begin and eight to advance to the second part, where the order of elimination will determine the sedings. All eight will advance to the second stage where the winner in the final will be the winner of the tournament, thus removing the third stage. The first stage occurred at Bound for Glory on October 14. The Quarterfinals of Stage 2 occurred on TNA Impact! on October 18 and October 25. The Semifinals occurred on November 1. The Final occurred at Genesis on November 11.