Backstage news regarding CM Punk signing a new contract with WWE

As seen during the 2023 WWE Survivor Series PLE, CM Punk made his return to the company at the very end of the show. Mike Johnson of PWInsider.com noted the following in regards to Punk signing a new contract with WWE…

“PWInsider.com was told tonight after the show by WWE sources that the deal between the two sides is believed to be ‘several years in length’ and that the company and Punk had their first communications over the last week. We are told that once the ice was broken, the deal came together rather quickly and is being seen by the WWE side as a ‘new beginning.’ Based on what was inferred to PWInsider, the two sides actually came to terms officially at some point today.”

Johnson added that WWE considered holding off Punk’s return until the Royal Rumble but felt like it would have been more difficult to keep it a surprise. It’s believed that nothing was officially locked in until the day of Survivor Series.