chris-jericho
Image via WWE

All Elite Wrestling is World Wrestling Entertainment‘s biggest competition ever since the unfortunate demise of World Championship Wrestling.

Chris Jericho is AEW’s top draw at the moment unless Kenny Omega ends up signing with Tony Khan‘s promotion and takes that spot (inevitably).

Dave Meltzer on Wrestling Observer Radio discussed the ex-WWE icon’s new contract in details:

“One of the things that happened, I was actually told this a couple of days ago. Jericho’s contract number went around the WWE locker room and a lot of people were stunned, freaked, depending on your viewpoint.”

“It wouldn’t be a John Cena number and it’s not a Brock Lesnar number and I don’t think it’s a Ronda Rousey number [or] maybe it is. I don’t know but it’s a pretty high number. It’s one of the higher numbers. It would be near the top in WWE. [Wrestlers are] all of a sudden like ‘woah.’ Something out there is real.”

Y2J signed a three-year deal with AEW, the details of which leaked backstage in WWE last week and shocked the entire locker room.

Jericho, as a result of not being a quintessential part of WWE any longer, wasn’t present at this year’s Royal Rumble. The 9-time WWE Intercontinental Champion holds the record for spending the most time in the ring during the Men’s Rumble match.

Over the last couple of weeks, many Superstars have requested WWE for their releases, expressing dissatisfaction with how or how often they were being used on television. Dean Ambrose is the latest talent to put his name on that list.

As reported earlier, WWE confirmed Ambrose’s post-WrestleMania 35 exit. Chances of The Moral Compass ending up on AEW’s roster run higher than ever.

It appears that AEW is willing to cough up the dough to sign big names – a signal that they could already be working on a big TV deal.

AEW has a strong financial backing and is hands-down the strongest competition that WWE has faced since 2001.