AEW Collision Results, Winners, Live Grades, Reaction and Highlights from May 3

Welcome to Bleacher Report's live coverage of AEW Collision on May 3.

The Double or Nothing card has started to come together with Adam Page vs. Will Ospreay and Jamie Hayter vs. Mercedes Mone already set as the two final matches in the men's and women's Owen Hart Cup tournaments.

This week's Collision continued to buildup for the PPV while also delivering the usual array of in-ring action. Here's a look at what AEW advertised for Saturday's show:

—Toni Storm vs. Lady Frost
—Harley Cameron vs. Megan Bayne
—Brody King vs. Josh Alexander

Let's take a look at what happened on this week's episode of Collision.

Adam Cole joined the commentary team to watch Toni Storm take on Lady Frost in a women's title Eliminator match. They shook hands in a show of respect before locking up.

The champ tried to take control, but Frost sent her out of the ring with a headscissor takedown and followed up with a dive off the apron to take her down.

The Timeless One regained the upper hand as Luther encouraged the crowd to cheer her on from ringside.

The announcer said Frost earned this Eliminator match by being so successful in Mexico recently, but this was always going to end with Storm getting the win. As great as Frost is, AEW has never booked her as a top level threat even though she is a fantastic performer.

The former gymnast came close a few times with some big spots, but Storm locked her in a crossface chicken wing for the submission victory. This was a great 10-minute match that made both competitors look good without overstaying its welcome.

Result: Storm defeated Frost

Grade: B+

Notable Moments and Observations

—The commentary table was nowhere near the ring, so Cole struggled to figure out where to go until someone showed him the way.
—Frost hit a nice moonsault off the apron.
—Cole sounded like he was having fun calling this match.

The next match had $100,000 on the line as Sammy Guevara, Kevin Knight, AR Fox and Rush competed in a Fatal 4-Way.

Knight and Rush sent the other two men out of the ring right away so they could trade strikes. Rush beat the newcomer down after a brief exchange, but The Jet was back up to his feet quickly.

Guevara and Fox came in and took them out so they could have a chance to show off for the crowd, too.

Rush had a big of a power advantage over the other three competitors, but all four men are capable of moving incredibly fast and taking to the sky, so this bout had a lot of fast-paced action.

This is one of those AEW matches that has a little bit of everything, so it's easy to find something to like about it. All four guys gave it their all to make this exciting. Rush and Knight fought to the back, which left Guevara to win the match and the 100k.

Result: Guevara won

Grade: B+

Notable Moments and Observations

—Matches for a cash prize used to be more common in pro wrestling and it's been fun to see them make a return in AEW.
—You have to applaud Dustin Rhodes for taking the time to put on his makeup every single time he is on camera. Even if he is just accompanying Guevara.
—Rush did some good selling in this bout, especially for Knight. He made the young man look like a tough competitor.
—Fox's inside out moonsault was wild.

Penelope Ford accompanied Bayne to the ring for her match against Cameron. The ventriloquist rushed Bayne in the corner and got an early advantage, but it didn't last long.

The Megasus weathered the storm and hit a unique belly-to-belly suplex to take control until the show cut to a break.

Cameron began to mount some offense when we returned, but this is another one of those bouts with an outcome that seemed set in stone before it even began.

As great as Cameron has been over the past several months, Bayne is being pushed as a major threat in the women's division. She was never going to lose to the girl who is best friends with a puppet.

This bout had some moments that could have looked better, but both stars brought a lot of energy and enthusiasm to the ring. Bayne scored the win, but Cameron had a better showing than expected.

Ford and Bayne continued to attack Cameron after the match until Anna Jay showed up with a piece of wood and made the save.

Result: Bayne defeated Cameron

Grade: B-

Notable Moments and Observations

—The rise in popularity of Cameron has been so much fun to watch. She isn't as polished in the ring as some of the other stars in AEW, but her charisma is unmatched.
—The way Bayne caught Cameron and threw her over her head was an impressive display of power.
—Cole is obviously one of the people who watches the product. You can tell how familiar he is with everyone by how he speaks during their matches.

Jon Moxley and Marina Shafir took out some security guards on the way to the ring for a promo. He promised to defeat Samoa Joe at Double or Nothing.

Up next was King taking on one of AEW's newest signings, Alexander. Thankfully, Don Callis was nowhere to be seen.

King scored the first takedown with ease thanks to his significant size advantage, so Alexander went after his arm instead. They worked a slow, methodical pace at first, but once they started throwing hands, things picked up a bit.

The flow of this match was much different from everything else on the show, but that worked to its benefit. King looked like a beast and Alexander looked like a dangerous competitor who knew how to neutralize his size.

This wasn't a flash or fast-paced bout, but it was a hard-hitting fight that made AEW's newest star look like he can hang with one of the most dangerous strikers in the company. They paced themselves well to make sure the final couple of minutes were the most exciting.

The announcer warned them when they only had one minute left. King hit his finisher but Alexander rolled out of the ring, making this a time limit draw. The crowd may not have been happy about it, but this was one of the better uses of a draw in recent memory.

Lance Archer showed up to help Alexander. King took them both out with a suicide dive, but they eventually regrouped and left him lying at ringside.

Result: Time Limit Draw

Grade: A-

Notable Moments and Observations

—The crowd was weirdly quiet during the first minute of this match.
—The way King chopped Alexander while he was lying across the top turnbuckle looked brutal.
—Alexander carrying King around on his shoulders was impressive, but he wasn't able to keep him up there.
—Looking up to see a guy like King flying at you with a suicide dive has to be one of the scariest things you could experience.

Max Caster came out to hold another open challenge with a five-minute time limit. Daniel Garcia answered the call.

The former TNT champion hit a swinging neckbreaker and then did his little dance before hitting a running dropkick followed by a piledriver for the win. This was a legit squash that was quicker than some jobber matches we have seen in AEW.

Result: Garcia defeated Caster

Grade: Incomplete

Up next was Bishop Kaun and Toa Liona taking on two local talents in a squash match. This was just another quick encounter to make GOA look like a dominant force.

Big Bill and Bryan Keith called them out for a fight in the parking lot after this was over. After a break, the fight in the parking garage got underway.

Result: Gates of Agony won

Grade: Incomplete

Notable Moments and Observations

—More and more fans actually chant along with Caster every week. He was almost laughing when he noticed the crowd chanting with him this time.
—Seeing Kaun and Liona get more promo time has been great. They make the most of the short time they are given.

Dax Harwood and Cash Wheeler took on Kyle O'Reilly and Roderick Strong in a 2-out-of-3 falls match in the main event.

In a somewhat surprising moment, Harwood tapped out to an ankle lock to give The Paragon a one-fall lead heading into the break.

If you know these four men, then you know they could put on a good match without even trying. But these are four guys who take pride in their ability, so they put in maximum effort every time they step into the ring.

The Paragon kept the upper hand after scoring the first fall and managed to maintain it for most of the time until the next commercial break. The announcers said they would stick with the match as long as it took, so the show went past the usual 10 p.m. finish into overtime.

FTR scored the second fall with the Shatter Machine, but the action barely slowed down for a second. It looked like The Paragon was going to win, but Stokely Hathaway got Harwood's foot on the bottom rope to break the count.

KOR and Roddy thought they had won, so it gave FTR a chance to attack them and hit the Shatter Machine for the third fall and the win. The ending was a little contrived, but everything leading up to it was great.

As promised, Garcia came out to confront FTR with a crowbar in hand. He said he has too much love for FTR to beat them with a crowbar like he wants to. He challenged them to a match for next week so he can beat some answers out of them.

Result: FTR defeated The Paragon

Grade: A-

Notable Moments and Observations

—Strong hit a very stiff chop that knocked Harwood down.
—Something weird happened with Harwood and a fan at ringside before the break.
—FTR breaking the steel chair by being sat on it together by Roddy was unexpected and kind of funny.

Saturday’s Collision may have included a couple of inconsequential squash matches, but just about everything else we got was worth taking the time to watch.

Both women’s matches were entertaining and gave both competitors in each bout a chance to shine, but Storm had one of the best moments of the night with her post-match promo.

The Fatal 4-Way was a fun spotfest, and the main event was as good of a tag team match as you will see this week, but one performance on the card stood out above everything else.

King and Alexander fought to a time limit draw that escalated naturally and made both guys look like tough competitors. They left room to grow, but they still gave us the best match of the night. 

Having Cole on commentary all night was a nice change of pace. AEW should consider having wrestlers do this more often if they are comfortable on the headset and it makes sense.

This was a strong episode of Collision in what has been a good run of shows for AEW as of late. Let's hope this trend continues through the PPV and beyond.

Grade: B