Good news for the All Elite Wrestling (AEW) lovers. Colt Cabana, an American professional wrestler and a former best-friend of CM Punk, has joined the team of AEW roster with varied works and responsibilities.

The President of AEW Tony Khan confirmed the news of his deal with the company on 1 March 2020. He mentioned that Colt has already started working as an announcer and will soon be working as a wrestler as well.

Responding to the new signing of Colt Cabana in AEW, Tony Khan mentioned that Colt signed AEW like a lot of people, and he can work in other places. 

Colt too confirmed his entrance to AEW through Twitter on 2 March 2020 stating:

(©: Twitter/Colt Cabana)

Colt had previously appeared in AEW during 'Buy-In' pre-show, where he saved the SCU after they lost to the Dark Order. And a few days after Colt signs with AEW, which comes with both surprise and excitement to many fans and audiences.

See More About Colt Cabana Below!!

Colt Cabana's Net Worth And His Professional Wrestling Career

Colt Cabana, with his professional wrestling career from several platforms like ROH, AEW, NCW, and RCW, has garnered a net worth of $3 million, as of now.

Colt made his professional wrestling debut from Ring of Honors (ROH) in 2002 after he played the Steel Domain Wrestling in 2000 and 2001. In ROH, he was a rival of CM Punk, but later, they formed an alliance named the Second City Saints along with Ace Steel. Later, he and CM Punk became a tag team member and also won two World Tag Team Championship.

Colt Cabana and his former best friend CM Punk (©: Twitter/Colt Cabana)

He left ROH in 2007 and joined Ohio Valley Wrestling, a developmental territory of WWE. During his career in Ohio Valley, he won Southern Tag Team Championship and Television Championship. Besides, Colt worked on several preliminary matches in World Wrestling Entertainment (WWE) in its Heat and Velocity shows. 

After a couple of years, he returned to Pro Wrestling Guerrilla in 2009. He also played in National Wrestling Alliance and won NWA World Heavyweight Championship in March 2011. He is also the winner of JCW World Heavyweight Champion, RCW World Heavyweight Champion, and NCW World Heavyweight Champion.

Colt returned to Ring of Honors in 2016 and had his career for three years before signing a deal with AEW in March 2020. Throughout his eighteen years of spanning wrestling career, Colt has played the total matches of 1675, where he has registered 860 wins, 772 loses, and 43 draws. 

He is also widely recognized for his finishers, including Colt .45 and Chicago Crab/Billy Goat's Curse. Colt.45, which is named after a weapon, is operated with a double under-hook hold on the opponent before lifting them in the shoulder and dropping them with a backbreaker variation.

Colt Cabana Once Sued WWE Superstar CM Punk

Colt Cabana sued his former best friend and the WWE superstar, CM Punk, in August 2018 for $200,000 in general damages along with the punitive and exemplary damages of $1 million.

Punk counter filed a lawsuit against him and asked Colt to pay half of $513,736 in legal fees via email. He wrote:

"To date I have spent $513,736 dollars on this Amman [sic] lawsuit."

"My outstanding current bill is a t least 300k. Half of all this is yours. Divide the 513,736 by 2 and that is what you owe me and what I expect you to pay me. Starting now I will no longer be paying your bills. You are on your own. Whatever my bill is currently, will be cut in half, and half will be yours. If you choose to make this all ugly, that's fine too. I hope you won't, but I gave up on you doing what is right a long time ago."

The relationship between Colt and CM Punk cooled down since 2016, although they got reconciled in between. They reached a settlement in September 2019, after a year of filing the lawsuits.