CM Punk was fired from All Elite Wrestling and the employment agreement between him and AEW was terminated effective immediately.

The news was confirmed by AEW President Tony Khan and a press release was issued with details.

The termination follows a week-long internal investigation of an incident occurring backstage at All In 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.

“Phil played an important role within AEW and I thank him for his contributions. The termination of his AEW contracts with cause was ultimately my decision, and mine alone,” Khan said in a statement.

“Of course, I wish I did not have to share this news, which may come as a disappointment to many of our fans. Nevertheless, I am making the decision in the best interests of the many amazing people who make AEW possible every week – our talent, staff, venue operators, and others whose efforts are unsung but essential to bringing our great shows on television and at arena and stadiums throughout the world.”