Raw's new general manager will most likely be Ricky Steamboat, not Ric Flair.
Ricky is slated to be in the WWE Supershows in July and unless he decides to return to wrestling full time. This however, is highly unlikely considering his age and stamina. Despite his ability to wrestle at his age he probably will have stamina issues.
With Raw being in Charlotte next week, everyone thought that Ric Flair would show up to become GM. Ricky Steamboat was overlooked even though he currently resides in Charlotte, NC. The Dragon is still on contract with the WWE and would be the perfect man for the job because he currently does not have any involvement in any of Raw's storylines.
Steamboat has great potential as GM of Raw because he is talented on the mic and in the ring. So if he makes a ruling on Raw, he could back it up in the ring. This is something that the WWE hasn't seen since Vince McMahon was interim GM in 2005. Unless the WWE wants to infer that Ric Flair is stronger than both Triple H and Batista, Ricky Steamboat will be the new general manager of Raw.