Tony Khan Allegedly Already Shopping AEW Around With No Deal in Place

Nick LoPiccolo isn’t backing off his AEW claims — and his latest comments suggest Tony Khan may already be scrambling behind the scenes.

During an appearance on BodySlam.net’s podcast with Famous Davis, LoPiccolo laid out what he says is really happening after the Warner Bros. Discovery situation — and it paints a very different picture than what’s being presented publicly. Before getting into specifics, LoPiccolo made it clear that, from what he’s hearing, things haven’t been “business as usual” for a while now.

“Privately… Warner Brothers thinks this is a joke and they can’t understand why Tony’s been acting like everything’s good for the last seven, eight months. It’s not.”

From there, he dropped the key claim — that AEW isn’t waiting around for a deal, it’s already being pitched. LoPiccolo didn’t stop there. He doubled down on the idea that even a potential fallback option like YouTube wouldn’t come close to the kind of money that’s been rumored for AEW.

“I’ve got confirmation that I think he’s taken two or three meetings around town already, doesn’t have an offer. He’s telling people he’s going to YouTube.”

“By the way, I believe that Google/YouTube would offer an MG. I don’t think it’s gonna be near like what… first off, there was no way they’re getting 5 million.”

That lines up with other chatter floating around AEW’s future, where YouTube has been mentioned internally as a possible landing spot if things don’t go as planned. At the same time, outside reporting continues to push back on the idea that AEW was ever given a heads-up about its situation.

“Both AEW and Warner Bros. Discovery have refuted multiple industry sources' claims that Warner Bros. Discovery informed Tony Khan… in the summer of 2025…”

Even with those denials, the bigger picture hasn’t changed — AEW’s next move is still up in the air, and multiple paths are clearly being explored behind the scenes. LoPiccolo’s comments only add more fuel to that conversation, especially with his claim that meetings are already happening and no deal is locked in yet.

So now the question is simple: if AEW really is being shopped around with no offer on the table, what does that say about where things are actually headed?

Do you think Tony Khan already looking for a new deal means AEW is in trouble, or is this just normal business playing out? Let us know your thoughts.

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