Also there are rumors of Rock defending his People's Championship belt. Per
https://wrestlingheadlines.com/
Quote:
-The Rock introducing the People’s Championship belt was not just for show. There are ideas that he is presenting for him to defend it.
-As of now there are no plans for The Rock to wrestle again this year. That doesn’t mean he won’t, but WrestleMania 41 is most likely when his next match will be, potentially against Cody Rhodes.
-It is reported that Steve Austin was originally going to be in the end of the Roman Reigns/Cody Rhodes match but he and WWE couldn’t agree on a price so Undertaker took the spot instead.
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Kind of what I figured, they can make it into a Legends belt of some kind. A complete novelty in a sense, but gives part timers a belt they can chase other than the World/Universal belts. In that way it makes complete sense... Provided they have enough legends that have the appetite to return to the ring.