Ongoing speculation surrounds the Tony Khan Chris Jericho drama as shifting rumors and conflicting reports spark fresh conversations about the wrestling icon’s future with All Elite Wrestling and possible WWE involvement. The situation grew more intense after Jericho’s AEW contract expired on January 31, 2025, making him a free agent and fanning the flames about what comes next for one of wrestling’s most accomplished world champions.
Evolving Rumors and Surprises Fuel Uncertainty
The wrestling world has watched closely as Chris Jericho’s status remained ambiguous following the end of his AEW deal. For months, stories circulated that Jericho, renowned for his time as Y2J, would be making a prominent WWE return. Anticipation peaked ahead of WWE Raw’s January 5 episode, marking the show’s first anniversary on Netflix, when numerous insiders suggested he might appear during the broadcast. Despite this, Jericho did not make an appearance, further clouding the situation and surprising many fans and observers who expected a high-profile reveal.
Even after his absence, Jericho continues to be featured as a talent on the official AEW roster, heightening confusion over his genuine allegiance or contract status. Sources within AEW emphasize his value to the promotion, noting his accomplishments as a one-time world champion and the generally positive relationship he maintains with Tony Khan, the AEW owner. Nevertheless, Jericho has not been seen on AEW television since April 2025, with reports indicating that the creative team currently lacks storyline ideas for him.
Is Chris Jericho Plotting Out His Next Move?
The situation took another turn when reports emerged suggesting that the 55-year-old wrestler had not only entered into discussions with WWE, but had also shown interest in working with TNA. The addition of TNA to the mix indicates that Jericho may be evaluating multiple opportunities as he contemplates his next chapter in wrestling. These revelations have led to considerable speculation within the industry, with many pondering whether the steadfast veteran is keeping his options open or signaling a dramatic career pivot.
Vince Russo Weighs In With Accusations and Insight
Amidst the flurry of reports and rumors, former WWE creative writer Vince Russo offered a pointed perspective on The Coach & Bro podcast. Russo suggested that Jericho may be intentionally generating leverage between Tony Khan and WWE, aiming for the most lucrative deal possible. Sharing his thoughts on Jericho’s negotiating tactics, Russo did not shy away from outlining his view of the legendary wrestler’s business acumen.
“Let’s be honest. If anybody knows Chris Jericho, you are talking about a very, very smart, intelligent human being. What’s probably going on here is Chris is probably playing two ends against the middle, knowing damn well what he could get from Tony Khan. [28:00 onwards]” – Vince Russo, Former WWE creative writer
Russo’s commentary casts the Tony Khan Chris Jericho drama in a new light, suggesting that Jericho’s lack of public commitments could be a strategic effort to maximize his terms, whether in AEW, WWE, or elsewhere.
The Potential Impact on AEW and WWE
The conflicting reports and absence of clear information regarding Chris Jericho’s next move continue to make waves across the wrestling community. If Jericho chooses to leave AEW for WWE—or another major promotion—his departure would deprive AEW of an influential veteran and a former champion. For WWE, a Jericho return during such a milestone period as their Netflix partnership would mark a major headline and could spark renewed interest among fans who remember his storied past as both Y2J and world champion.
Meanwhile, Tony Khan and AEW’s creative team may need to reassess their approach, considering what Jericho’s presence or absence means for future storylines and audience engagement. On the other side, WWE’s evolving roster and potential acquisition of Jericho could shift ongoing narratives, particularly as high-profile events approach and other superstars like AJ Styles, Liv Morgan, and Adam Copeland (Edge) make their marks on the industry.
As the Tony Khan Chris Jericho drama unfolds, the wrestling world remains on edge, anticipating announcements or appearances that will finally clarify Jericho’s destination. All eyes will stay on AEW’s and WWE’s upcoming shows, looking for clues as to where this world champion will make his next historic impact.
