Chris Jericho became a free agent at the start of 2026 after his contract with AEW expired on December 31, 2025. While anticipation was high for his appearance on the January 5 episode of WWE RAW, Jericho did not show up, leading to growing speculation that he might make his WWE return at the upcoming Royal Rumble event in Riyadh, Saudi Arabia.
In addition to Jericho, WWE appears to be targeting another prominent former AEW wrestler, indicating the company’s continued interest in acquiring talent from AEW’s roster.
WWE Interested in Powerhouse Hobbs Following Contract Expiration
Sean Ross Sapp of Fightful.com revealed on his X account that Powerhouse Hobbs’ contract with AEW is set to expire on January 15, 2026. WWE insiders reportedly believe Hobbs, a former TNT Champion, is poised to join their ranks soon.
Powerhouse Hobbs’ deal with AEW is up at midnight, and WWE sources believe he’s headed there, @FightfulSelect has learned. — Sean Ross Sapp of Fightful.com
Powerhouse Hobbs has been on WWE’s radar for some time, but a transition to WWE never materialized until now. With his contract ending and the Royal Rumble approaching, it is plausible Hobbs could debut during the high-profile event set in Riyadh.
Royal Rumble Timing Heightens Speculation on New Signings
The timing of Jericho’s absence from RAW and Hobbs’ contract expiration suggests WWE may be preparing major surprises for the Royal Rumble. Both men are established wrestlers with significant fan followings, and their potential signings could be part of WWE’s strategy to strengthen its roster amid competition with AEW.
Additional Wrestling Updates
Meanwhile, AEW has announced a major four-way match with significant title implications, signaling intense competition within the promotion. Eddie Kingston recently shared details about his prolonged injury layoff, having been sidelined for 16 months. On the WWE side, a notable NXT superstar made a surprise return, generating buzz among fans.
WWE has also faced challenges, including the suspension of a top star on RAW and concerns surrounding Raquel Rodriguez’s current momentum within the company. John Cena reflected on his retirement tour, calling the conclusion “the perfect end” to his storied WWE career.
In AEW-related developments, hopes of reuniting a prominent faction have faded after TNA secured a former WWE star’s signing. Additionally, a TNA wrestler spoke openly about the dynamics between WWE and TNA amid recent cross-promotional activity.
Significance for WWE’s Roster and Future Events
The possibility of bringing in both Chris Jericho and Powerhouse Hobbs could signal WWE’s intent to capitalize on high-profile talent as part of upcoming major events, particularly the Royal Rumble. These signings may renew interest in WWE programming and intensify competition with AEW, influencing storylines and fan engagement throughout 2026.
As the wrestling world awaits Jericho’s official WWE return and Hobbs’ next move, these shifts underscore ongoing talent rivalries between the major promotions and highlight WWE’s strategy to reinforce its roster ahead of critical shows like the Royal Rumble in Riyadh.
Powerhouse Hobbs' deal with AEW is up at midnight, and WWE sources believe he's headed there, @FightfulSelect has learned.
MANY more details for subscribers pic.twitter.com/LgaluTrGDN
— Sean Ross Sapp of Fightful.com (@SeanRossSapp) January 15, 2026
