Raw Women's Champion: Natalya
Nia Jax has challenged Ronda Rousey for the Raw Women's Championship at Money in the Bank. The match feels like a disaster in the waiting. Nia Jax is another bad choice for a champion, being abysmal both in the ring and on the mic. If the idea is to elevate Ronda Rousey, Nia is the worst choice to make that happen, given that the former UFC champion is a rookie between the ropes.
Things feel set up for Natalya to pull a fast one on her friend. Natalya is likely to qualify for the Money in the Bank Ladder match. She can then go on to win the briefcase and cash in mid-match, betraying her friend and walking out with the gold. A feud would develop from there, with Natalya being a solid hand in the ring to work with Ronda Rousey.
Surely, Natalya's been booked particularly strongly on Raw and turned face randomly for a reason. This is likely it.
In this way, Natalya would serve as a transitional champion, but an important one, and it would be the most notable run of her career.