What would he want?
Then there's the question of the type of arrangement Punk would want in the WWE. From past health concerns and his age, it can be expected he would want a lighter schedule like Lesnar, but Vince’s ego probably wouldn't allow such. In all honesty, that dispute by itself could be enough to kill any potential return.
On top of that, Punk has been vocal about his placement on the card in the past. With the aforementioned loaded roster, lots of legitimate top stars are going to have to get used to fighting lower on the card than they might expect.
Female superstar says she inspired John Cena turning heel HERE
While some stars might take the challenge of stealing the show from a lower-profile spot, Punk isn't likely to enjoy that role at this stage of his career. That's not necessarily a knock on him, it just seems to be his makeup.