I honestly think it's less likely AEW gets cancelled entirely and just gets downscaled. In general, I believe AEW needs to downscale its roster size and programming. Their growth for the first year was pretty good, but Tony couldn't stop buying new (used) toys. Even though I think AEW is garbage, competition is a good thing, but when Tiny signs every tom dick and ex-sue from the indies and WWE, he's actively hurting his own brands ability to grow.