The 1998 Torneo Grandes de Centroamérica was the 16th edition of the UNCAF Club Tournament and the third and last under this name. Costa Rican Deportivo Saprissa obtained its 4th regional title.
Teams Association Team Qualifying method Previous best Costa Rica Saprissa 1996–97 Runners-up 12th Champions (1972, 1973, 1978) Herediano 1996–97 Semifinalist 6th 3rd (1971, 1975) El Salvador Águila 1996–97 Regular season winners 10th Runners-up (1973) Guatemala Comunicaciones 1996–97 Champions 15th Champions (1971, 1983) Aurora 1996–97 Runners-up 10th Champions (1976, 1979) Municipal 1996–97 Third place 11th Champions (1974, 1977) Honduras Olimpia 1996–97 Champions 4th Champions (1981) Real España Invitee 4th Champions (1982) Motagua Invitee 3rd Group stage (1979, 1997)
Qualifying Honduras
Play-off
Group phase
Group A
As of 17 December 1997
Águila 2–3 Municipal on penalty shootouts.
Group B
As of 11 December 1997
Saprissa 4–3 Aurora on penalty shootouts. Motagua 3–4 Saprissa on penalty shootouts. Saprissa 3–5 Real España on penalty shootouts. Aurora 4–2 Motagua on penalty shootouts. Saprissa 3–5 Real España on penalty shootouts. Real España 5–4 Motagua on penalty shootouts. Aurora 5–3 Real España on penalty shootouts. Motagua's remaining matches were not played.
Final round
Semifinals
Municipal won 3–1 on aggregate score.
The last suggested dates by Saprissa for the semifinals (19 and 23 August) were not accepted by Olimpia due to league obligations. UNCAF decided to award Saprissa a walkover.
Final
Saprissa won 3–2 on aggregate score.