Hulk Hogan Real American Award Superstar Billy Graham Woman of the Year Miss Elizabeth Sherri Martel Fabulous Moolah Dolly Parton Yoko Ono Jesse "The Body" Award Rick Rude Butch Reed The Ultimate Warrior Hercules Sherri Martel Bobby "The Brain" Heenan Scholarship Award The Islanders (Haku and Tama), André the Giant, Hercules, King Kong Bundy, and Harley Race Best Ring Apparel Harley Race Demolition Randy Savage The Honky Tonk Man Davey Boy Smith and Dynamite Kid Manager of the Year "None of the above" Bobby Heenan Mr. Fuji Jimmy Hart Slick Best Performance by an Animal George Steele Frankie Damian Matilda Greatest Hit Jim Duggan André the Giant The Honky Tonk Man Bam Bam Bigelow Rick Martel and Tito Santana Best Vocal Performance Jim Duggan Junkyard Dog One Man Gang Jimmy Hart George Steele Song of the Year No winner (envelope eaten by Sika) Vince McMahon (performed "Stand Back") Koko B. Ware The Honky Tonk Man Jimmy Hart (performed "Girls in Cars") Best Group One Man Gang Best Personal Hygiene Nikolai Volkoff, Boris Zhukov, and Slick King Kong Bundy Sika Hillbilly Jim George Steele Humanitarian of the Year Ted DiBiase Best Head Gene Okerlund and Bam Bam Bigelow