Chris Jericho’s name continues to hover over wrestling headlines as fans speculate about a possible WWE return, but a new report suggests the situation may be far less straightforward than social media buzz would have you believe.

With WWE kicking off the new year and the road to the Royal Rumble officially underway, rumors picked up steam that Jericho could be on his way back to “Raw.” However, Fightful Select is reporting that there has been no indication from within AEW that Jericho has left the company. In fact, sources told the outlet that Jericho remains under contract.

Jericho reportedly re-signed with AEW following All Out 2022, with the deal said to run through 2026. While the former AEW World Champion has been absent from AEW television for much of the past year, his hiatus was written into storyline. After dropping the ROH World Championship to Bandido at Dynasty, Jericho told Big Bill and Bryan Keith that he needed to step away until his Learning Tree stable got itself back on track. Whether that time off resulted in any contract changes remains unclear.

Another notable detail is that Jericho is still listed on AEW’s official roster page. This stands out even more after multiple talents were quietly removed earlier this week following the expiration of their contracts. Fightful also attempted to get confirmation directly from AEW regarding Jericho’s status but reportedly received no response.

On the WWE side, sources told Fightful that Jericho was not part of creative discussions and was not included in plans for Monday’s episode of “Raw,” at least from what they had seen. That said, even those within WWE acknowledged that surprises happen and that misinformation isn’t exactly rare in wrestling circles.

Fueling the speculation further, WWE appeared to have some fun with fans when “Raw” General Manager Adam Pearce used the phrase “who can break down the walls” in a social media video promoting the show — a clear nod to Jericho’s iconic entrance theme. Despite the tease, both Fightful and PWInsider Elite reported that Jericho was not backstage at the Barclays Center for the show.

For now, the evidence points to Jericho still being an AEW talent, with WWE teases likely serving more as playful bait than confirmation of anything imminent. As always with Chris Jericho, though, the line between storyline and reality is never entirely clear — and that’s exactly how he likes it.

Chris Jericho’s future in AEW appears to be up in the air, and it’s once again sparked serious talk about a potential return to WWE.

According to multiple reports, Jericho’s current deal with All Elite Wrestling is set to expire on December 31, 2025, unless a new agreement has already been finalized behind the scenes. As of now, there’s been no confirmation that an extension is in place.

What’s adding fuel to the speculation is chatter coming out of WWE circles. PWInsider reports that several WWE licensing partners are operating under the assumption that Jericho may soon be available for use on their products. WrestleVotes has also noted that some within WWE have been anticipating a Jericho comeback dating back to August of last year.

On the AEW side, Jericho hasn’t been seen on television since April 2025, when he suffered a loss to Bandido. Since that match, there’s reportedly been no creative direction for him, and his absence was especially noticeable at AEW’s Worlds End 2025 pay-per-view. With no on-screen role and no storyline movement, questions about his status have only intensified.

Outside the ring, Jericho has kept busy. He was recently spotted in Vancouver while working on an undisclosed Disney-related project. While details are scarce, it’s clear the former world champion is exploring opportunities beyond wrestling as his AEW contract winds down.

Jericho himself hasn’t exactly shut the door on WWE. During a December 27 YouTube livestream, he responded to questions about a return by saying, “You never know,” leaving plenty of room for interpretation. He has also previously mentioned that he expects to wrestle again “somewhere” in 2026.

Despite rumors circulating online, PWInsider has pushed back on claims that Jericho was set to appear on RAW this week, stating there was no credible sourcing behind those reports. Still, once his AEW deal expires at midnight on December 31, Jericho would officially be a free agent heading into the new year.

With WWE’s January 5, 2026 episode of RAW scheduled for the Barclays Center in Brooklyn, some fans believe that show could be the stage for Jericho’s return. If it happens, it would mark his first appearance with WWE since 2018 — and one of the more significant comeback moments in recent memory.