In a surprising turn of events, AEW has parted ways with Ace Steel again, adding another layer of uncertainty to the wrestler's career. This decision came less than a week after the termination of Steel's longtime friend and wrestling sensation, CM Punk.
Reports from PWInsider indicate that AEW opted to release Steel earlier today, disrupting the previously discussed plans that involved him training and collaborating with talents in Florida. This sudden development ended a promising opportunity for Steel within the AEW ranks.
Ace Steel boasts an extensive wrestling career, gracing the rings of renowned promotions such as WWE, ROH, Pro Wrestling NOAH, and Impact. His association with WWE saw him take on the role of a Performance Center Coach in November 2019, albeit a position briefly interrupted by a leave in April 2020 due to budget constraints.
However, Steel made a triumphant return in October that year. Unfortunately, his WWE journey concluded on January 5, 2022, leading him to join AEW as a producer in March.
Ace Steel's AEW Departure
Steel's tenure with AEW included a few TV appearances alongside CM Punk, but it took an abrupt turn when he was released following a backstage incident post-All Out 2022.
There were speculations in May that AEW had rehired Steel in anticipation of the new Collision show. However, he had been conspicuously absent from recent TV tapings, with doubts about his attendance at future events. In mid-August, it came to light that Ace Steel had been navigating a "unique situation" with AEW.
Upon his rehiring, he was categorized as an "insurance risk" due to the fallout from the All Out brawl, restricting him from attending AEW shows. During this period, Steel had discussions with AEW President Tony Khan about his wrestling future, and it was mutually decided that he could contribute to AEW in some capacity while not being on the road.
Additionally, Steel was granted the freedom to seek employment opportunities beyond AEW's confines. The mid-August report suggested that Steel had been actively engaged with Khan, offering creative input for Punk's role in Collision.
While details remained unconfirmed, it was hinted that Steel might receive back pay for the period during which he was sidelined following All Out 2022. Despite his AEW contract initially slated to run until Fall 2024, the promotion chose to part ways with Ace Steel today, leaving wrestling enthusiasts wondering about the next chapter in his storied career.