— WWE (@WWE) January 17, 2023
WWE confirmed The American Nightmare's January 28 return on this week's Monday Night Raw episode, where we found out that the WWE superstar is part of the headliner event's 30-man lineup. This is Rhodes' first taste of in-ring action after spending most of last year in recovery.
Before being written off the WWE's plans for most of last year following a torn pectoral muscle injury he suffered before his pay-per-view match at the 2022 Hell in a Cell against Seth Rollins, Cody Rhodes was seen as an ever-looming threat for the promotion's top titles. His return has fueled rumors that he'll win the Royal Rumble for a shot against the WWE Universal Champion, Roman Reigns, at WrestleMania 39.
If it's any consolation, seeing Rhodes back inside the squared circle is perfect timing for a troubled WWE. Public perception of the WWE is threatening an all-time low after Vince McMahon forced his way back as the executive chairman of the company. The world's leading wrestling promotion is believed to be looking for a buyer, which may or may not be Saudi Arabia.