The Second Mother of all Battles Championship (Arabic: بطولة أم المعارك الثانية), commonly referred to as the 1992 Iraqi Elite Cup (Arabic: كأس النخبة العراقي 1992), was the second occurrence of the Iraqi Elite Cup. Unlike the last season where the competition was organised by Al-Talaba, this season was organised by the Iraq Football Association. The top eight teams of the 1991–92 Iraqi National League competed in the tournament. The competition started on 2 July 1992 and ended on 17 July 1992 where, in the final, held at Al-Shaab Stadium, Al-Talaba defeated Al-Quwa Al-Jawiya after extra time.