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Not really. The winner of the KOTR tournament got nothing, it was more to do with building support/heat behind a midcarder for them to hopefully go on and one day challenge for the belt (e.g. Edge).
However, the very last KOTR, won by Lesnar, stipulated a title shot at Summerslam, at which he beat the Rock to become the youngest ever champion at that time. I imagine this was done as management saw the potential in Brock and wanted to push him asap into the role, which some people blame for his early burn-out and departure.
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