The last time Cody Rhodes teased he had a big announcement, it was that his dog was coming to All In. The news he dropped Thursday was a bit bigger.

Cody teased on Wednesday that he had a "big announcement" coming for Thursday. Fans were curious as to what it might be. When the news finally came, it was both big news for AEW, but also big news for Cody.

Rhodes is set to challenge AEW World Champion Chris Jericho at the upcoming AEW Full Gear pay-per-view.

Sports Illustrated was technically the first to break the news, even before Cody could make his announcement. They were able to confirm from AEW President and CEO Tony Khan, that this was the direction AEW was headed. Cody and AEW then later re-tweeted that announcement on their official Twitter account.

The AEW Win/Loss Record Comes Into Play

Fans have heard for months now that AEW would be keeping track of wins and losses and this is the first instance where the records have come into play. Khan explained,

"Cody's outstanding record in singles competition has secured him the number one contender ranking, and he will be challenging AEW world champion Chris Jericho in the first-ever pay-per-view defense of the championship on November 9 in Baltimore at Full Gear,"

And, it makes sense. Cody has been the lone competitor to be featured in high-profile matches in AEW and not lose. He defeated his brother Dustin Rhodes at Double or Nothing, went on to beat Darby Allin at Fyter Fest and just recently won over Shawn Spears at All Out.

Since the moment it was announced Cody was heading up the AEW company and when Chris Jericho was announced as the big signing, fans were waiting for the day these two would clash. They didn't have to wait very long.

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