According to reports Mike Bailey’s TNA contract expired on November 1st, 2024. He lost his X-Division title to Moose on November 7th, 2024. Trent Seven also attacked him and turned heel. Mike Bailey has won the TNA X-Division twice in the year 2024 against Mustafa Ali and the 2nd time was against Zachary Wentz.
According to fightful report they mention he has signed a contract with All Elite Wrestling. AEW has yet to confirm it.
On November 19, 2024 Fightful updated Bailey’s status saying he did finished up with TNA Wrestling last week but is contract till the end of December and is suppose to debut for AEW in January 2025.