The pro wrestling world is full of interesting contract stories, and CM Punk’s name is now churning in the rumor mill. Punk’s 2023 Survivor Series return was a huge deal, and he shows no signs of leaving the company, but that didn’t stop a new story from making the rounds.

During Wrestling Observer Radio, Dave Meltzer explained the current story going around about CM Punk’s WWE contract. He explained that there have been rumors about CM Punk renegotiating his contract, but the situation has been exaggerated.

“So there’s the story going around about CM Punk renegotiating his contract. It’s really overblown. 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. 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…..basically get everyone back on the page because they both know where they want to be. Hopefully, [he] doesn’t get hurt again, obviously. But he’s in a good position.”

CM Punk seemingly answered to these rumors about his contract status by dropping an Ice T quote on his Instagram story after this report broke. He posted, “I used to rush to defend myself against false accusations, but now I watch to see who believes it, so I know who to cut off first.”

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CM Punk actually inked his new WWE contract just before his return. We will have to see how long he stays with WWE at this point, but all signs point to the fact that he isn’t going anywhere for a while. He seems happy and in a good creative direction. The Second City Saint will return to in-ring action at SummerSlam on August 3 in a match against Drew McIntyre, where Seth “Freakin'” Rollins will play the role as special guest referee.

We will keep a very close eye on CM Punk’s contract status, and everything else going on in the pro wrestling world, here at Ringside News. There are always interesting contract stories going around right now, especially after Endeavor took over the reigns of WWE with their UFC merger.

What’s your take on CM Punk sticking around WWE for much longer? How long do you think he will be around for this run? Let us know how you think it will all end in the comments section!

H Jenkins

H Jeknins is a News Correspondent at Ringside News, keeping wrestling fans updated with timely and accurate reports on all things wrestling.

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