Wrestling Observer Awards, WrestleMania Updates, and Cain Velasquez’s Release Dominate Wrestling News

The latest from the Wrestling Observer Newsletter and related sources reveals a busy week in the world of professional wrestling and mixed martial arts, encompassing awards, event planning, and legal developments. Key highlights include Mistico’s recognition as Wrestler of the Year, ongoing preparations for WrestleMania, and the release of former UFC fighter Cain Velasquez from prison.

Wrestling Observer Awards Recognize Top Performers

The Wrestling Observer Newsletter has announced its annual awards, celebrating achievements across professional wrestling and MMA. Mistico has been named the 2025 Wrestler of the Year. The newsletter covers a comprehensive range of accolades, including awards for MMA MVP, Tag Team of the Year, and more, dating back to 1980. Previous award winners have also been recognized, highlighting the long-standing tradition of the awards.

WrestleMania Preparations and Ticket Concerns

Preparations for WrestleMania are underway, with discussions surrounding potential card changes and concerns regarding ticket sales. Reports indicate a major concern regarding ticket sales, with potential adjustments being considered to enhance the event’s appeal. The impact of Bron Breakker’s injury and the situations surrounding Brock Lesnar and Becky Lynch are also being closely monitored. The build to Elimination Chamber is also a key focus.

Cain Velasquez Released from Prison

Former UFC heavyweight champion Cain Velasquez was released from prison earlier today after serving ten months for attempted shooting. Velasquez was incarcerated after pursuing a man he believed had sexually abused his child, leading to a high-speed chase and gunfire. His parole was expedited due to participation in rehabilitative programs. He faces a restitution hearing on March 18th and is also involved in a civil lawsuit related to the allegations of abuse. It is unlikely Velasquez will return to AAA under WWE ownership, but he may receive offers from other fighting promotions.

AEW and WWE News

Recent reporting has confirmed that Tony Khan, along with his family, owns 90% or more of AEW, maintaining full voting and decision-making power. Royce Keys, also known as Will Hobbs, made his singles debut for WWE in a dark match. CMLL recently sold out Arena Mexico on Friday and Arena Coliseo on Saturday, with a significant portion of their top stars heading to Japan on March 13th. Aysha, a wrestler who appeared in an angle with Andrade and Adam Page, debuted with Jessica McKay and Cassie Lee in AEW after leaving TNA.

Other Notable News

• All Japan Pro Wrestling announced the lineup for the 2026 Champion Carnival.
• Marigold’s 3D tournament will conclude on February 23rd.
• New Japan/CMLL Fantastica Mania debuts on Wednesday.
• The NWA Crockett Cup tournament is scheduled for April 4th.
• Sammy Guevara vs. Amazing Red is set for a March 21st HOG demonstrate.

Looking Ahead

The wrestling world continues to evolve with ongoing event preparations, legal resolutions, and talent movements. Garrett Gonzales and Dave Meltzer will be discussing the weekend’s news and the awards on a forthcoming show. The industry remains dynamic, with ongoing developments in both professional wrestling and mixed martial arts.