CM Punk made his surprise return as the new co-host of WWE Backstage. Fans suspected Punk would make a return to wrestling, but were surprised he chose WWE over AEW.
According to Wrestling Observer Newsletter, Tony Khan began negotiations with Punk in 2018, long before AEW was created. Khan was interested in signing Punk and made him a great offer. There was even a face-to-face meeting with Punk and the company's executives. However, the negotiations fell through, and as we've seen Punk is back with WWE.
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