On September 2, AEW announced that they had terminated the contract of CM Punk.
Punk reportedly got into a physical altercation with Jack Perry at AEW All In. After an investigation, it was said that Punk endangered innocent people backstage at AEW and Tony Khan said that he felt his life was threatened. After consulting with outside legal counsel and a disciplinary committee, Khan made the decision to release Punk.
Speaking at the AEW All Out media scrum, Tony Khan was asked if there was a non-compete clause attached to Punk's release.
"I don't want to discuss the terms of the separation in that sense. I very much want to thank CM Punk, Phil, for everything he did in AEW as a wrestler. I don't think it was an easy decision for anybody on the discipline committee or the outside counsel or for me to do something like that. I do think it was the right move. As far as what's going to happen in the future, I can't speak to that. I'm not the attorneys who interpret all that language," he said.
Fightful Select has more details regarding CM Punk, the backstage incident at AEW All In, and his release.
If you use any of the quotes above, please credit the original source with a h/t and link back to Fightful for the transcription.