Report: UFC Legend Cain Velasquez in Contract Talks with WWE and AEW

Cain Velasquez is seemingly exploring his options in professional wrestling after a report emerged Sunday that the UFC legend met with officials from WWE and All Elite Wrestling.

Dave Meltzer told Wrestling Observer Radio Velasquez has entered into "serious" discussions with WWE (h/t Wrestling Inc's Joshua Gagnon). The 37-year-old is also reportedly seeing what AEW and New Japan Pro-Wrestling have to say.

Velasquez has been competing in lucha libre promotion AAA, and he is expected to appear on the card for AAA's Invading LA show in October, per the reports.

Meltzer discussed Velasquez still being under contract with UFC and what this agreement allows him to do while he pursues a career in the squared circle. While Velasquez has been competing in Mexico, the journalist thinks there may be issues of what wrestling activity the former UFC heavyweight champion is allowed to undertake in the United States.

UFC has prohibited Velasquez from doing a "run-in" during a forthcoming show in San Jose, according to Meltzer. However, specific details on UFC's control of Velasquez, per the contract, are still unclear.

Any restrictions would likely delay Velasquez's attempts to prepare for life after the Octagon. Those plans have seen the former UFC heavyweight champion don a mask to compete on AAA shows.

Rumours of talks with major promotions have been building for a while, with ESPN's Marc Raimondi reporting in August how talks with WWE "fell through." Raimondi also provided details of the first steps towards an agreement between Velasquez and NJPW:

Velasquez has been earning rave reviews during his early foray into the world of wrestling. He's been showcasing the arsenal of a true high-flyer to belie his 250-pound frame:

Moves like these, along with the name and reputation accrued during a career as one of the biggest stars of combat sports, are why Velasquez is likely to have his pick of the leading wrestling promotions once he's freed from his UFC commitments.