The latest Chris Jericho speculation may have started with WWE, but the real story isnt about RAW, Netflix teases, or cryptic wording. The bigger issue is what happens to AEW if Jericho actually leavesand according to Jim Ross, the damage would be real.
The rumor mill exploded after WWE appeared to tease Jericho during the January 5, 2026 episode of Monday Night RAW. PWInsider quickly shut that down, reporting that Jericho wasnt scheduled, wasnt backstage, and wasnt even on the East Coast.
They later clarified the break down the walls line was tied to a Stranger Things theme, not a wrestling callback.
So the WWE part of the story fizzled. But the question remains: if Jericho is done with AEW, who actually suffers? Jim Ross didnt dodge that question on Grilling JR. He addressed it directly and painted a clear picture of what AEW would be losingnot just a performer, but a pillar of the company.
Thats not framed as nostalgia. Thats Ross acknowledging that Jerichos value isnt easily replaced, even in a stacked roster. Hes talking about someone who contributes creatively, mentors talent, and shapes the product in ways viewers dont always see. Ross went further, explaining why Jericho remains relevant when others fade out.
That adaptability is exactly why Jericho has stayed central to every company hes worked for. In AEWs case, its also why his absence wouldnt feel like a normal roster changeit would feel like losing infrastructure.
Jericho hasnt appeared on AEW television since April 2025 and skipped the Worlds End pay-per-view on December 31. Hes also leaned into the mystery when asked about WWE rumors, responding on a livestream with, You never know. You never know.
That uncertainty is enough to keep speculation alive, but Rosss comments make one thing clear: if Jerichos AEW run is truly over, the impact wont be subtle. It wont just affect storylines. It affects leadership, creative depth, locker room guidance, and the overall identity of the brand.
AEW has survived talent departures before, but Jericho is different. He helped launch the company, carried major programs in its early years, and continued to evolve alongside it. Losing him isnt just losing a nameits losing experience, structure, and influence thats hard to replace.
Do you think AEW could maintain its momentum without Chris Jericho, or would his departure leave a hole thats impossible to fill? Drop your thoughts in the comments and join the discussion.
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