The May 17, 1987 edition of Wrestling Challenge is a Professional wrestling television show of the World Wrestling Federation. It was taped on April 24, 1987 at the Veterans Memorial Coliseum in Phoenix, Arizona.
- Numbers in parentheses indicate the length of the match.
- (c) refers to the champion(s) heading into the match.
- Ricky Steamboat defeats Butch Reed (w/ Slick) by Count Out (6:08)
- The Hart Foundation (Bret Hart & Jim Neidhart) (w/ Jimmy Hart) defeat Jack Miller & Joe Mirto
- Koko B. Ware defeats Dave Wagner
- The Killer Bees (B. Brian Blair & Jim Brunzell) defeat The Islanders (Haku & Tama) by DQ
- Billy Jack Haynes defeats Iron Mike Sharpe
- Killer Khan (w/ Mr. Fuji) vs. Outback Jack ended in a No Contest
- Dark match: Hulk Hogan, Jake Roberts & Tito Santana defeat Butch Reed, King Harley Race & The Honky Tonk Man