This is a late addition to the Acts of Vengeance event, as you can see from the tag on the cover. Spider-Man fought all these guys when he was Captain Universe during that event, now he fights them again as Spider-Man.
Chameleon is ultimately responsible—he hires the group to kill Spidey as part of his effort to become a crime lord.
$100,000 each? Seems low.
What ends up happening is they all attack Kingpin instead, and Spider-Man rescues Kingpin, which delights Chameleon. And then Cham betrays them anyway.
There’s also a few panels showing that Green Goblin is back—he’ll be the next villain.
Also the Web-Zingers page prints two letters from “Fish.”
And then a wise-ass response.
I miss the days when letter pages represented real interaction with fans!
Creators: Gerry Conway, Alex Saviuk