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To be perfectly honest, AEW shows are just way too predictable and Tony is a terrible booker. Every champion (that's about 18 people, right?) is involved in open challenges to get them on TV, said champions are booked to go 50/50 with their opponents in "bangers". One women's match either singles or tag featuring the same faces. Hiring ex-WWE shitters, etc.
If it doesn't turn around, history will just point and say it was Punk's fault but that's just an over simplification like people point to Russo being WCW's lone reason of downfall.