The reason behind Mysterio not signing a new contract is that Vince McMahon has refused to give him a pay bump. McMahon’s refusal to hike Rey Mysterio’s contract was due to the ongoing COVID-19 Pandemic.
Dave Meltzer of WON has stated that Rey Mysterio is technically a free agent and can appear on any show he wishes to. However, that won’t happen as there is a great deal of trust between Mysterio and Vince McMahon.
Even so, WWE had originally planned to write off Rey Mysterio from WWE in case he did not re-sign with the company. Here is what The Observer stated:
Rey Mysterio’s future?
Rey Mysterio will be taking on Seth Rollins in an ‘Eye for an Eye’ match at Horror Show at Extreme Rules. The match will reportedly be a cinematic match and its outcome will likely indicate what will happen to Rey Mysterio.
In case Mysterio was to win the match, then it is likely that he will stay with WWE whereas him losing would mean that he’ll be written off.
As per Dave Meltzer, Rey Mysterio will sign with the promotion that offers him the most money. He says that it likely that Mysterio could get a deal where he could work for both AEW and NJPW.
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