Feuding with oldtimers and forcefully retiring them
Reigns goes on to defend his title with a chip on his shoulder for being the only one to have defeated Taker at WrestleMania in a Hell in a Cell match. But during his next title defence, Reigns is robbed of the title by one of the oldtimers like Henry or Big Show who is close to retirement.
Reigns then goes on a rampage to end the oldtimers for good.
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This scenario presents two great options. It effectively removes Reigns from the main event scene and pushes him to the mid card without reducing his status.
It also provides an opportunity for the old warhorses like Show, Henry, Goldust, R-Truth and several others who are on the cusp of retirement to have one last meaningful feud before they retire for good.
This also establishes a continuing storyline for several PPVs as Reigns takes on old warhorses one by one and forcefully retires them. He can even participate in handicap matches against tag teams like Golden Truth to provide some variety in the feud and to also make himself look strong and dangerous.
The crowd will hate Reigns for his attitude and demeanour while the old warhorses can get the hero's send-off they truly deserve.