All You Need To Know About CM Punk’s New WWE Deal. CM Punk’s contract situation with WWE has been a prominent topic over the past 24 hours. It was initially reported that Punk was looking to restructure his current contract so that he could stay with WWE for the remainder of his career, with hopes of running the NXT brand in the future.
Wrestling Observer reported that when Punk returned to WWE in 2023, he only signed a short-term contract and that the reported negotiations were simply a way to get WWE and Punk on the same page long-term.
A new report from PWInsider, claims that Punk signed a three-year contract in November 2023 upon his return, which would keep him with the company until November 2026, barring any additional time being added due to injury. Citing multiple WWE insider sources, PWI confirmed that Punk and WWE are currently discussing a new deal, which would be larger than the current one.
Also Read: Paris Olympics 2024: Indian Olympic Medal Winners From 1928 To Date
However, the stated source says that it was WWE that approached Punk to renegotiate and not the other way around . When asked why WWE would initiate such a move, PWI reported that they were told “New World. Huge numbers. Merch and socials.
CM Punk Will Face Drew McIntyre At SummerSlam 2024
It was something that was always expected to happen if things were going well at this point. According to a WWE source close to the matter, “I can’t say it’s a ‘restructuring’. His original deal was very temporary” They have been talking to him about a new deal. So both sides are in talks to agree.
Also Read: Netflix Will Have To Facilitate WWE Monday Night RAW Audience In The Future
The idea of WWE reaching out to Punk was backed up by a recent update from the official WrestleVotes on X account, who claim that a source within WWE told them that the company is extremely happy with Punk’s attitude, as well as his drawing power, merchandise sales and commitment, with both parties wishing to continue this relationship for as long as possible.
CM Punk was recently cleared by a doctor, so his match at SummerSlam 2024 against Drew McIntyre with Seth Rollins as the special referee was confirmed. CM Punk’s last WWE match was at Royal Rumble 2024, an event in which he was injured.
