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It actually happened. The Miz is Mr. Money in the Bank again. The Miz only technically won the briefcase from the ladder match once in 2010, but he defeated Otis (thanks to a little assistance from Tucker) in 2020 to become a two-time Money in the Bank holder.
As we know, The Miz cashed in at TLC but failed to win the WWE Championship from Drew McIntyre. Except that's where the loophole was in the storyline - The Miz never technically cashed in the briefcase himself. It was his tag team partner John Morrison who did so. Adam Pearce informed The Miz on RAW that because John Morrison told the referee about the cash-in, it doesn't count.
The Miz now holds the Money in the Bank briefcase again. It's hard to imagine him failing again, although it's possible. The big question is as to whether WWE is doing damage to The Miz by having him hold the Money in the Bank briefcase for the third time in ten years. Here are a few reasons why The Miz is Mr. Money in the Bank again.
#5. To start 2021 with a bang - The Miz as WWE Champion could be that
It's hard to imagine anyone dethroning Drew McIntyre for the WWE Championship, but there could be a way to do it while protecting him. Would WWE give The Miz back the MITB briefcase if they intended for him to fail again? Probably. But we just finished the final RAW of 2020 - the most unique year in WWE history.
Nobody knows how 2021 will turn out, including WWE. What better way to start the first RAW of the year with a bang? It doesn't even have to be an important title reign - just one to draw eyes on the show due to the falling ratings.
#4. A transitional WWE title run for The Miz
It's possible that coupled along with the previous reason, The Miz could simply be in for a transitional WWE title run. While making Drew McIntyre a three-time WWE Champion in nine months is less than ideal, it could be done by having Keith Lee pinned in their title match on RAW next week.
It could simply be a 'Thank you for your years of service' run for The Miz - similar to the World Championship run Mark Henry had in 2011 in his 'Hall of Pain' run.
#3. To have Drew McIntyre legitimately destroy The Miz
The Miz regaining the MITB briefcase could be WWE's way of further strengthening Drew McIntyre. It could be in a scenario where Drew McIntyre has already retained the WWE Championship, after which The Miz would attempt to cash-in at the most opportune moment.
A clean victory for Drew McIntyre would undoubtedly hurt The Miz, but from WWE's perspective, The A-Lister is likely far past his prime, while McIntyre is just at the start of his.
#2. To possibly further the MITB storyline
One of the reasons for The Miz getting his Money in the Bank briefcase back could be that WWE possibly wants to further the MITB storyline. While we admit that this is the unlikeliest scenario, this could still be in the realm of possibility. The Miz won the briefcase from Otis - something we've seen 13 years before when Edge defeated an injured Mr. Kennedy to win the briefcase for the second time.
While that was due to Mr. Kennedy having a legitimate injury, this was due to creative reasons. What if WWE threw another plot twist and had someone else win the Money in the Bank briefcase from The Miz? Perhaps someone who could legitimately challenge Drew McIntyre.
#1. For John Morrison to turn on The Miz
Despite winning the SmackDown Tag Team Championship, it's not unfair to say that John Morrison's WWE run has been a disappointment. While it was nice to see him pair with The Miz after so many years, the goofy character he has had hasn't resonated with the higher-profile roles he held outside of WWE.
Similar to how Tucker cost Otis the MITB briefcase, Morrison could cost The Miz his. It would be the start of a more serious run for Morrison and a potential push for him. It would be at the expense of The Miz, but it could also turn him babyface again.
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