AEW Fires CM Punk

All Elite Wrestling has fired CM Punk, according to a press release issued by the organization on Saturday.

The statement reads, in part, "All Elite Wrestling (AEW) has terminated the wrestler and employment agreements between Phillip Brooks (CM Punk) and AEW with cause, effective immediately. The termination was confirmed today by Tony Khan, CEO, General Manager, and Head of Creative of AEW.

"The termination follows a weeklong internal investigation of an incident occurring backstage at AEW - All In London on Sunday, August 27. Following the investigation, the AEW Discipline Committee met and later convened with outside legal counsel before making a unanimous recommendation to Khan that CM Punk be terminated with cause."

Khan issued a personal statement, in part thanking Punk for his contributions to AEW, while adding that the decision to fire him was his alone.

Punk was reported to have engaged in a physical altercation with Jack Perry shortly before the main All In broadcast went live last Sunday. Both he and Perry were reported to have been suspended, pending the investigation.

Punk's AEW tenure concludes after just over two years. During his time with AEW, Punk held the World title on two occasions.