Jack "Jungle Boy" Perry took on Arquette Wednesday night in Los Angeles at the Bootleg Theater for Bar Wrestling.
Arquette and Perry have known each other for years, as the "Ready to Rumble" star was good friends with Luke Perry.
The event put on by Bar Wrestling was titled, "It's Gonna Be May," with Arquette and Perry as the headlining match. Their bout was full of flips, throws and punches, but in the end Jungle Boy took home the win.
Arquette, who recently recovered from a neck injury, gave a speech afterwards ... and of course chugged a few beers, Stone Cold Steve Austin style.
Arquette and Perry also embraced after the match, clearly emotional about being in the ring since Luke Perry's death in March.