WWE And CM Punk Looking To Restructure His Contract As Both Sides Are VERY Happy With New Partnership

WWE And CM Punk Looking To Restructure His Contract As Both Sides Are VERY Happy With New Partnership

CM Punk returned to WWE last November at Survivor Series: WarGames, but even after his injury at the Royal Rumble, his relationship with the company appears to be stronger than ever. Check it out...

By JoshWilding - Jul 25, 2024 03:07 PM EST
Filed Under: WWE

We never expected CM Punk to step foot in a WWE ring following his shock exit in 2014. However, after things didn't work out for him in AEW (their fault, not his), it was only a matter of time before he returned to the company where he first made a name for himself.

Despite suffering a torn tricep during this January's Royal Rumble match, things have been going well for the Second City Saint since returning at Survivor Series: WarGames last November.

Now, ahead of his match with Drew McIntyre at SummerSlam (which will see Seth Rollins serve as Special Guest Referee), reports are swirling that Punk is looking to restructure his deal (he's currently got a 3-year deal with WWE). 

"So there’s the story going around about CM Punk renegotiating his contract. It’s really overblown," Dave Meltzer said in response to the reports. "What happened when CM Punk came in, they had a short-term deal which is expiring now. Now there are rollovers in the deal, so there’s not a hurry that they have to sign him because the deal goes longer."

"But they knew all along that right around now would be when they would be renegotiating any deals. It was kind of known that that was going to happen now. Everyone is getting along fine," he continued. "There’s nothing wrong with it or anything like that. It’s a story, but it’s not a story that everybody thinks it is...they’re just hammering down the terms that everyone knew they were going to do at a certain point. Hopefully, [he] doesn’t get hurt again, obviously. But he’s in a good position."

Since then, other reliable sources have chimed in, with PWInsider.com explaining that Punk and WWE did indeed come to terms on a 3-year deal when he returned in Chicago. Apparently, "WWE are the ones who approached Punk about working out a new deal, and they are seeking to lock in what was described as a 'bigger' deal (two sources used that terminology) and stated it was something the company initiated, not Punk."

Why? "New world. Huge numbers. Merch and socials." WrestleVotes has also shared the following update:

In other words, WWE is very happy with Punk and, rumour has it, he's looking to spend the remainder of his wrestling career - and beyond - in the company...

Cody Rhodes Recalls Working Independent Shows For FREE After Leaving WWE In 2016
Related:

Cody Rhodes Recalls Working Independent Shows For FREE After Leaving WWE In 2016

Seth Rollins Opens Up On Injury-Prone 2024 And His Plans For When In-Ring WWE Career Reaches Its End
Recommended For You:

Seth Rollins Opens Up On Injury-Prone 2024 And His Plans For When In-Ring WWE Career Reaches Its End

DISCLAIMER: As a user generated site and platform, TheRingReport.com is protected under the DMCA (Digital Millenium Copyright Act) and "Safe Harbor" provisions.

This post was submitted by a user who has agreed to our Terms of Service and Community Guidelines. TheRingReport.com will disable users who knowingly commit plagiarism, piracy, trademark or copyright infringement. Please CONTACT US for expeditious removal of copyrighted/trademarked content. CLICK HERE to learn more about our copyright and trademark policies.

Note that TheRingReport.com, and/or the user who contributed this post, may earn commissions or revenue through clicks or purchases made through any third-party links contained within the content above.

Be the first to comment and get the conversation going!

Please log in to post comments.

Don't have an account?
Please Register.

View Recorder