... Sheamus.
The Miz started off at number one and lasted almost towards the end but ended up getting dumped out by The Big Show almost as soon as the big man came in.
Highlights of the Rumble include Ricardo Rodriguez coming out to Alberto Del Rio's music but driving out in a busted hoopty as opposed to a top of the line sports car, a Socko versus Cobra showdown between Mick Foley and Santino Marella and surprise entrants such as a returning Kharma, The Road Dogg and each member of the commentary team.
In the end, the final four were The Big Show, Randy Orton, Sheamus and Chris Jericho. Orton tossed out the world's largest athlete but soon saw himself on the outside of the ring courtesy of The Ayatollah of Rock and Rollah.
Sheamus and Jericho battled it out with Jericho nearly eliminating The Great White and even sinking in a Walls of Jericho. Sheamus nearly tosses his opponent out but the recently returned Superstar skinned the cat and staved off elimination. Both men ended up on the top of the turnbuckle and nearly fell to the outside but managed to stay on the apron. A Codebreaker from Jericho nearly put Sheamus' lights out.
A second Codebreaker was countered and Jericho was forced to skin the cat for the second time. One Brogue Kick later and Jericho feet hit the mat making Sheamus the 2012 Royal Rumble winner. The Great White is on his way to WrestleMania 28.
Catch the ongoing Royal Rumble play by play here for each and every punch, kick and slam. List of entrants and eliminations after the jump.
1. The Miz, eliminated by The Big Show
2. Alex Riley, eliminated by The Miz
3. R-Truth, eliminated by R-Truth
4. Cody Rhodes, eliminated by The Big Show
5. Justin Gabriel, eliminated by Mick Foley
6. Primo, eliminated by Mick Foley
7. Mick Foley, eliminated by Cody Rhodes
8. Alberto Del Rio Ricardo Rodriguez, eliminated by Santino Marella
9. Santino Marella, eliminated by Cody Rhodes
10. Epico, eliminated by Mick Foley
11. Kofi Kingston, eliminated by Sheamus
12. Jerry Lawler, eliminated by Cody Rhodes
13. Ezekiel Jackson, eliminated by The Great Khali
14. Jinder Mahal, eliminated by The Great Khali
15. The Great Khali, eliminated by Cody Rhodes
16. Hunico, eliminated by Kharma
17. Booker T, eliminated by Cody Rhodes
18. Dolph Ziggler, eliminated by The Big Show
19. "Hacksaw" Jim Duggan, eliminated by Cody Rhodes
20. Michael Cole, eliminated by by Kharma/Booker T
21. Kharma, eliminated by Dolph Ziggler
22. Sheamus
23. THE DEE-OH-DOUBLE-GEE~!, eliminated by Wade Barrett
24. Jey Uso, eliminated by Randy Orton
25. Jack Swagger, eliminated by Sheamus/The Big Show
26. Wade Barrett, eliminated by Randy Orton
27. David Otunga, eliminated by Chris Jericho
28. Randy Orton, eliminated by Chris Jericho
29. Chris Jericho, eliminated by Sheamus
30. The Big Show, eliminated by Randy Orton