Since he had a couple of months left on his contract, there is a chance that CM Punk could be losing out on a good amount of money. There are talks that a walkout would be a breach of contract, which means that WWE might not be required to fulfill their agreement about paying him royalty fees after he leaves the company.
February 12, 2014
If you've been holding your breath in hopes of CM Punk returning to WWE, you should probably exhale right about now. Paul Heyman revealed in an interview that he does not believe that the former world heavyweight champion will ever lace up the boots again. He also noted that WWE will not allow Punk to return to the company because management really dislikes how he walked out on his contract.
August 5, 2014
While there was a bit of rumblings backstage that WWE was going to pursue legal action against CM Punk for walking out of his contract, rumors are floating around that management is hesitant to do so. For starters, now might not be a good time to sink money into a lawsuit since there are so many employees being released. Secondly, Vince McMahon is really focused on the WWE Network at the moment, so a lawsuit might be a bit of a distraction from the CEO.
August 2, 2014
Reports are going around that CM Punk could be officially gone from WWE now. The former world heavyweight champion has been removed from the active roster list on the website. His profile has been moved over to the alumni section, which the company normally does when a performer is gone. Punk's contract is said to be expiring later on this week, so it's interesting that WWE pulled the trigger on the roster change ahead of time.
July 15, 2014
Since his contract is expiring in a few days, there were many who believed that WWE was going to extend their contract with CM Punk since he has been gone for an extended period of time. However, reports are surfacing that Vince McMahon is opting against that because he does not see a reconciliation on the horizon. Plus, WWE cannot afford to pay a performer to sit at home.
July 14, 2014
When CM Punk walked away from WWE, some in the industry expected him to stay home until his contract with the company expired. Reports are now surfacing that the deal is set to be completed during the middle portion of July. There has been some speculation that WWE will force an extension of the deal to prevent Punk from joining TNA, so a lot of people are awaiting to see what Vince McMahon decides to do.
July 1, 2014
While he has been gone for several months now and is showing no signs of wanting to return, there are rumors floating around that WWE could extend the contract of CM Punk for another year. A lot of their standard contract enables the company to extend the deal if a performer has missed a significant amount of time. A move like this would enable WWE to keep Punk away from TNA or Global Force Wrestling.
June 13, 2014
"I don't know, man, who knows, right? That's something that only he can answer for sure. To me, if he hasn't come back already, then... I left the WWE for two-and-a-half years in 2005. The only difference was I left when my contract was up, but I disappeared too, because I just was over it. I couldn't take it anymore, I wasn't interested in being there, I was getting miserable, so I know how he feels. I had no intention of coming back, and after two-and-a-half years I watched Shawn Michaels vs John Cena at WrestleMania 23 and that inspired me to want to come back, but it took two-and-a-half years to get there. So my answer is, 'I don't know', but I just know how I was when I did the same thing. It took a long time for me to be able to come back, and I was probably the same age as CM Punk is now too, so maybe he's going through the same thing and after a few years he'll come back." - Chris Jericho on the backstage heat situation in WWE involving Punk
May 2, 2014
Even though he has not been with the company for quite a few weeks now, CM Punk is still receiving paychecks from WWE. He still ranks among the top merchandise movers in the entire company, with some reports stating that he only trails John Cena in that category. Punk is still under contract to WWE, so management is still paying him his royalties.
April 18, 2014
Since he walked away from the company, CM Punk has now been removed from the upcoming Flintstones movie. To make it easier on the script writers, WWE has decided to replace him with Rey Mysterio, which should make it fairly easy for them to adapt the story line. The belief backstage is that Punk is going to just wait until his contract expires this summer.
April 10, 2014
Rumors are floating around online right now about CM Punk returning to TNA. However, that is not the case whatsoever. He is currently still under contract to WWE, and Vince McMahon has no intentions of giving him a release at the moment. The belief is that both sides will simply enable the deal to expire in a couple of months and then part ways completely.
March 27, 2014
When asked during a recent interview about the backstage heat situation between CM Punk and WWE, MVP revealed that he is supportive of the move. He noted that he had a year left on his contract when he asked for a release from the company. MVP is grateful to the company, but he also felt the need to be happy with his own work.
March 5, 2014
While a lot of fans are still under the impression that this could be some sort of work, WWE continues to have their business affected by the departure of CM Punk leaving before his contract expired. The company is now offering refunds on a best of Monday Night Raw and Smackdown DVD because they had initially promised cards signed by Punk.
February 26, 2014
During a podcast interview with Jim Ross, Steve Austin stated that he thinks CM Punk will be back in time for Wrestlemania 30. He advised the former world heavyweight champion to not make the same mistake he did by not finishing his contract. Austin stated that the breach of contract prevented him from collecting royalties, and he does not want Punk to make the same mistake.
February 21, 2014
"I am a big fan of Jim Ross, but disagree with him and others about CM Punk or anyone else needing to honor their contract. If a promotion is not carrying out their end of the bargain and fucking your career with all the advantages that they have (labeling us independent contractors, no pensions, etc), fuck them." - Konnan discussing views on business
February 18, 2014
"Well, I had that happen. Stone Cold did that and went home. And he regrets it to this very day. Because he just--you never get into a situation where--there's a couple of basics things here. One is that you don't want to get into a situation where it becomes easy for you as a professional or in private life to start breaking commitments. And a contract is a commitment. I think that the other thing is that you never get--you never save enough money nor can you live a starkness existence. The way you got all the money you're ever gonna need and you live good money laying behind. I personally don't believe in that. And I think a lot of the wrestlers over the years would say the same thing. So I'm not a fan of anybody in any walk of life exiting before it's time. But I also don't know all the information. This may have been a situation where Punk needed to take his leave and recharge his batteries a long time ago. I don't know. I haven't been there. And I have observed his privacy by not reaching out to him in several weeks." - Jim Ross compares the backstage heat incidents involving CM Punk and Steve Austin
February 15, 2014
When Rey Mysterio decided to make a video appearance at TripleMania for AAA, the belief was that he was doing it as a shot at WWE. Rumors have surfaced that he is quite upset with the company in regards to his contract situation. Reports are now surfacing that Mysterio had a handshake agreement with Triple H that would have enabled him to walk away from the company. However, Vince McMahon reportedly decided to overrule that and force to remain under contract to WWE for another year.
August 20, 2014
After reading the latest announcement from Dixie Carter, it appears that the deal between Impact Wrestling and Spike has been extended until at least a couple of months. The TNA president stated that her weekly show will be on Wednesday until the end of the year. The contract was initially said to be ending in the fall. Carter also noted that negotiations are still ongoing between the two sides.
August 20, 2014
During a recent interview, Kurt Angle revealed that he only has another month left on his contract with TNA. He actually stated September 21 as being the final day of the deal. As usual, Angle left open the possibility of making a return to WWE, while not ruling out an extension with TNA. The former world heavyweight champion stated that no matter where he signs his last deal, it will have to be a part time schedule.
August 20, 2014
While it appears that Bully Ray is on his way out of TNA once his contract expires in a few days, his tag team partner isn't going anywhere. Devon is reportedly under contract with the company until next year. As of this point, it is unclear what management will do if they are unable to come to terms on a new deal with Bully. Both sides are reportedly still in negotiations.
August 19, 2014
Reports going around state that Rob Van Dam finished up his latest stint with WWE during the kickoff match at Summerslam 2014. His departure from the company had been expected since he only agreed to a short term contract. Some are under the belief that this might be the last stint for RVD since the audience has been a bit lackluster towards him this time around.
August 18, 2014
Feeling like he did not want to be forced out of the ring, Santino Marella is already working on making a comeback. The belief is that WWE wants that return to happen in their ring. The company still believes Marella to be an asset, as evident by the fact that they gave him a new three year contract a couple of months ago. No time frame has been given for the Marella return yet.
August 18, 2014
Rumors are floating around right now that Bully Ray has informed the TNA locker room that he will be leaving the company. That comes as a shock because the former world heavyweight champion had been gaining a bit of power backstage. His contract expires in September, and negotiations are said to be ongoing. The company has been locking up a handful of wrestlers over the last few weeks, so it's not impossible for them to work out another contract with Bully.
August 17, 2014
While the widespread assumption is that Spike and TNA have parted ways, the two sides still remain in negotiations on a new television contract. Executives from the network were backstage at the recent taping of Impact Wrestling. There were also representatives from other television networks on hand as well, as they are interested in doing a deal with Dixie Carter.
August 17, 2014
As the company still works on negotiating a new television contract with Spike TV, Dixie Carter is actually moving forward with plans for the company to go back on the road. She is currently working with a marketing firm to come up with a profitable plan on doing live events again. TNA had struggled to fill arenas over the last year, so it is a smart move for Carter to seek outside help in this area.
August 16, 2014
Reports surfaced this week that WWE has banned Alberto Del Rio from wrestling in the United States for approximately 10 or 11 months because he was found to be in breach of his contract. The former world heavyweight champion will be allowed to work in Mexico as he pleases. Del Rio may not take legal actions against WWE because the company would be paying him a salary during the next year.
August 16, 2014
While the company was hoping that the legendary masked performer would make an appearance at TripleMania on Sunday, AAA is reportedly backing away from Rey Mysterio. The promotion does not want to be involved in a contract tampering lawsuit with WWE. As of right now, there is a bit of a dispute between Mysterio and Vince McMahon on their deal. Until that is cleared, AAA will not be contacting Mysterio.
August 16, 2014
It looks like Alberto Del Rio will not be joining TNA or Global Force Wrestling after all. During a media appearance, the former world heavyweight champion revealed that he cannot wrestle in the United States for approximately a year. The belief is that he breached his contract with WWE when the backstage incident took place. That reportedly enables the company to ban him from working for another wrestling promotion.
August 16, 2014
A really interesting move was just announced by Dixie Carter. Impact Wrestling is moving to Wednesday night, and it is happening immediately after this upcoming episode. August 20th will be the next day that TNA is back on Spike TV. A lot of speculations have arisen because of this move, and some are wondering if this means that a new television contract has been signed.
August 14, 2014
Kurt Angle has long stated that he wants to explore his options when his latest contract with TNA expires, and it looks like he's really sticking to his words. The company has announced a big tour of England in 2015, and Angle has not been promoted. The belief is that the company does not want to put themselves in a position where they have to offer refunds because a big star is not there.
August 14, 2014
Alberto Del Rio might not be the only familiar WWE face to make an appearance at TripleMania this upcoming Sunday night. Word has it that Rey Mysterio has accepted the invitation from AAA to be at the biggest wrestling pay per view in Mexico this weekend. If the masked performer shows up, then that means that his contract issues with Vince McMahon are still lingering.
August 14, 2014
Rumors are heating up that Jim Ross and CM Punk are going to head to New Japan to work together as commentators. Those were actually started by Ross himself, as the former WWE commentator simply speculated on the possibility during his podcast show. As of right now, there have been no negotiations, and Ross himself has stated that he has yet to talk to Punk about the idea.
August 3, 2014
While doing an interview on the red carpet, CM Punk was asked about a potential return to WWE down the line, and he decided to take the opportunity to poke humor at the situation. The former world heavyweight champion stated that he would never ever return to WWE. He was obviously joking, but that has caused some confusion with fans who were not paying close attention to his tone during the interview.
July 22, 2014
One the things that made Kenta Kobayashi so famous in Japan was his diverse moves set. Unfortunately, though, a lot of his signature maneuvers cannot e utilized in WWE. His Go 2 Sleep finisher is commonly associated with CM Punk nowadays. His knee finisher and submission move are both being used by Daniel Bryan. The belief is that WWE will have him come up with new moves in developmental.
July 20, 2014
While doing a podcast interview with Jim Ross, Kurt Angle discussed the topic of CM Punk and his departure from WWE earlier in the year. Angle stated that he was not aware of how injured Punk was until recently. Upon finding that out, Angle stated that he respected Punk's decision to leave, in order to preserve his health. Angle did also mention that Punk had issues with WWE over the booking and the direction of his character.
July 19, 2014
When the company moved CM Punk from their official roster to the alumni section yesterday, WWE created a bit of a stir. Things escalated even further when management removed his merchandise from the WWE Shop website. Apparently, there was some miscommunication within the company on the matter. All of his merchandise have been returned to the online store.
July 17, 2014
Showing that some friendships extend beyond the business, Undertaker and his wife Michelle McCool recently attended a comedy show featuring Mick Foley. The longtime WWE couple wanted to show support for their old friend. The two of them even went backstage to catch up with Foley for a bit. Several wrestlers in the industry, including CM Punk recently, have made the effort to go watch Foley tell jokes.
July 14, 2014
Since leaving WWE earlier in the year, CM Punk has remained relatively quiet, making sporadic appearances at NHL and MLB games. The former world heavyweight champion is going to be making a higher profile appearance later on this month. Punk will be the co-host of the kickoff show for the Alternative Press Music Awards, which is being held at the Rock and Roll Hall of Fame in Cleveland.
July 9, 2014
While a lot of fans have high hopes of his return due to the fact that his wife recently made her comeback, there is close to no chance that CM Punk will be coming back to WWE. AJ Lee coming back doesn't have an effect on his decision to remain away from the company. Punk is supportive of AJ on her decision to continue her career in WWE, but he's going to stay away because he does not like the way the company treated him over the last year.
July 8, 2014
In a very subtle manner, CM Punk took a jab at WWE for their recent handling of the Emma situation. When she was released, former writer Seth Mates posted a message on Twitter about the company being hypocritical and holding double standards. Punk added that post as a favorite on his account. The fact that Punk would do that shows that he still harbors some resentment towards WWE.
July 3, 2014
While the general consensus in professional wrestling is that the world heavyweight champion plays a bit part in the overall success of the company, a recent article from Forbes attempts to dispute that by looking at the financial ramifications during the title reigns of CM Punk, John Cena and Randy Orton. Since the numbers are all over the place, the author concluded that the heavyweight champion does not have much of an effect on the business end of WWE.
July 2, 2014
To calm down the Money in the Bank 2014 audience, WWE opted to go with another divas match as a filler. Layla El and Summer Rae battled in a match, where Fandango served as the special guest referee. Fans were so disinterested in the segment that a CM Punk chant broke out. In the end, Layla caught Summer with a kick to gain the pinfall. Layla and Fandango kissed after the match, while a despondent Summer looked on.
June 29, 2014
When he decided to walk away from WWE, CM Punk went on a bit of a social media sabbatical. He recently started posting updates on Twitter again, but it's mostly been about hockey. His first wrestling related tweet was made this week when the former world heavyweight champion posted a little joke about a movie to his good friend Paul Heyman, who responded with a joke of his own.
June 29, 2014
During a recent interview, Mick Foley was asked about the possible return of CM Punk to WWE, and the hardcore legend revealed something a bit interesting. Foley stated that he has attempted to contact Punk, but Punk has ignored all communications with Foley. The brutally honest Foley also mentioned that he believes that Punk is ignoring the majority of people in the industry right now.
June 28, 2014
While a lot of fans are under the impression that CM Punk left WWE because of a recent incident or two, Paul Heyman revealed during an interview with Chris Jericho that Punk had been unhappy with the company for well over a year. That unhappiness had sapped him of his passion for the business. Heyman also stated that Punk did not want to be one of those people who only stuck around for the money.
June 27, 2014
Rumors of CM Punk returning soon have heated up again this week, and Alberto Del Rio appears to be the culprit. During an interview, he was asked if the Straight Edge Superstar would be returning to WWE soon. For public relations reasons, Del Rio, who did much of the interview partially in character, stated that he believes that Punk will be back, but he also stated that he does not know when. This caused a lot of fans to believe that Punk would be back in WWE again.
June 27, 2014