AEW is in a tough spot. Its ratings are falling, viewership is consistently dropping and attendance has been on a steady decline. To make matters worse, multiple former and current talents have begun to speak out against the company.
During a recent appearance on the "Going Ringside With The Local Station" podcast, former AEW star Jake Hager, who spent time with The Jericho Appreciation Society, noted how Tony Khan didn't want him as part of the company. Instead, it was Chris Jericho who convinced Khan to give him a shot.
"Tony [Khan] didn’t want me there, but Chris did, he wanted me there, and it was awesome," Hager said. "Working with the Inner Circle was one of my favorite things. Working with the Jericho Appreciation Society, one of my favorite things. One of my favorite moments of my career was the Stadium Stampedes that we did. Just good times."
Hager's comments come at a time when Rey Fenix is bashing AEW on social media, seemingly saying they mistreated him throughout his tenure. Fenix has a reason to be angry, though, as Khan added injury time to his contract once rumors linking him with WWE surfaced. Penta El Zero Miedo has already left the company but will likely wait for Fenix before making his next move.
Both Hager and Fenix have a right to share their opinions. The problem is that AEW could do without the bad press. Like it or not, the company never recovered from CM Punk's acrimonious exit and all the negative publicity that came with it. To this day, Khan's decision to air the backstage footage is befuddling.
It also doesn't help that Khan is currently doing a press run to promote AEW's move to Max, where they will livestream their programming. He is celebrating wins while the product itself is failing around him.
#AEW CEO & GM @TonyKhan is excited about the FUTURE of professional wrestling!
— All Elite Wrestling (@AEW) December 9, 2024
Tickets for #AEWAllInTexas on sale TODAY at 10 AM CT at https://t.co/h4nYfXfHAT! pic.twitter.com/aIAeh8SIgV
All but the most hardcore fans can see the issues with the product and the fact that the decline shows no sign of ending.
AEW has some serious problems right now. Still, it's worth remembering that the company is only five years old. Its meteoric rise put it on the map far sooner than expected. Therefore, the teething issues feel more pronounced than they should. Nevertheless, Khan must find a way of addressing the current bad press surrounding the company while also regaining the interest of a casual wrestling fanbase.
If he can't do those two things, 2025 could be an even tougher year than the one the company just went through. If that's the case, there will be a lot of questions being asked of Khan's leadership and whether it's time to step aside.
More must-reads:
Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!