3. He doesn’t necessarily get physical
When Jon Moxley debuted for AEW, he immediately got physical with Double or Nothing main event winner Chris Jericho, before more fully and violently engaging with Kenny Omega. It’s certainly possible that CM Punk would have a similar approach to his debut, and the Chicago crowd would no doubt explode if the Straight Edge Superstar were to hit a Go To Sleep on anyone at all. However, AEW may also be patient enough to hold off on the physicality.
Punk getting back into the wrestling business at all would, in and of itself be a huge score for AEW. It’s entirely possible that if he showed up at AEW All Out, it would be for a more understated performance along the lines of cutting a promo, walking out to shock the crowd without doing much of anything, or even just being caught on camera in the front row. In these ways, AEW could continue to build buzz with the confirmation Punk was at least in attendance, and the ongoing intrigue about whether he would actually sign with AEW and under what terms.