Eric Bischoff: There Is Still Value In CM Punk, But Does WWE Need Him? Absolutely Not

Eric Bischoff comments on the latest updates regarding CM Punk & WWE.

Within the past number of days, many updates have surfaced regarding the possibility of CM Punk returning to WWE. Fightful Select recently noted that Punk and WWE are not currently in talks, and that fans should not be expecting to see him at the Survivor Series pay-per-view, which will take place in Punk's hometown of Chicago, Illinois.

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Dave Meltzer of the Wrestling Observer Newsletter recently reported that WWE turned down the idea of Punk possibly returning to the company.

On the latest episode of thr Strictly Business podcast, Eric Bischoff said that he's not surprised to hear that Punk was turned down, but also noted that he wouldn't be surprised if that situation changed down the road.

“No, not surprised. But also, I wouldn’t be surprised if that situation changes down the road. Do I still believe that there is equity or value in Phil Brooks as the character CM Punk? Yes I do. Does WWE need him? Absolutely they don’t. Do they need him, no, but could he be an asset? Yes. I think the only way that could happen is if there was a significant meeting of the minds and convincing that the baggage that has come in the past with Phil Brooks is going to be left somewhere else and not brought into WWE. If Phil Brooks the person can convince the other person in WWE that’s making that decision, that the character of CM Punk can show up at the doorstep without all of the baggage that comes with him? I think there is business to be had.”

Fightful Select will continue to provide updates on CM Punk and the next steps that he takes in the world of professional wrestling.

The Rascalz (Trey Miguel & Zachary Wentz) recently said that they would welcome CM Punk into IMPACT Wrestling. Fans can learn more by clicking here.

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