PWInsider.com is reporting in an exclusive story today that CM Punk is currently the favorite to take over Shawn Michaels’ spot as head of NXT when HBK moves over to step in Bruce Prichard’s role when he retires after WrestleMania next year.

There were previous reports that suggested AJ Styles will be taking over HBK but PWInsider says that Styles will continue doing scouting and help with the WWE ID program as well as get more involved in producing in NXT.

Punk has previously expressed interest in doing this work in interviews and the Chicago native has been attending NXT almost every week, shadowing Michaels in his role.

What that means for Punk’s in-ring future remains to be seen and there’s a possibility that he could pull off both, working one TV show every week and PLEs while spending the rest of his time heading up WWE’s developmental brand.