Sounds like Cole hasn't signed a new contract with WWE, and his extension has now lapsed. That doesn't mean he's not going to sign a new deal with the main brands. But with his contract expired he could sign and show up with AEW or another group right away.
That would be devestating to WWE if he showed up on AEW on Wed or Fri.
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My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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