Wrestling fans had widely anticipated that the WrestleMania 43 main event would feature a high-profile rematch between Cody Rhodes and CM Punk. However, according to insider Dave Meltzer of the Wrestling Observer Newsletter, that bout is not currently planned for the event. Instead, the confirmed main event for the second night at WrestleMania 43 is set to be Roman Reigns defending his World Heavyweight Championship against Oba Femi, marking a solid direction for WWE’s biggest show in April 2027.

The WWE Championship landscape on SmackDown is notably more complex. Present champion Sami Zayn faces several potential challengers, including Kevin Owens, Randy Orton, Gunther, and Money in the Bank contract holder Penta. Penta’s rapid rise, particularly after his acclaimed world title match against Reigns and his unexpected Money in the Bank win, has made him a key wild card. His potential to cash in his contract before WrestleMania or challenge for the title directly at the event adds uncertainty to the WrestleMania lineup.

The uncertainty around Rhodes and Punk stems in part from the fact that they recently clashed at SummerSlam, and Rhodes has not shifted to a villainous "heel" character, which many believe is necessary for a compelling rematch storyline. WWE’s hesitation to alter Rhodes’ character arc diminishes the likelihood of a WrestleMania rematch with Punk, despite strong fan interest. The dynamic on SmackDown could still shift in numerous ways depending on how the championship picture unfolds in the coming months.

While the Reigns vs. Femi match appears nearly guaranteed barring injury, the WWE Championship scenario is fluid and could involve a number of outcomes. Sami Zayn might retain and face Owens again, or the Royal Rumble winner could alter the main event structure entirely. WWE seems cautious about rushing a Rhodes vs. Punk rematch without a compelling narrative, and the final card for WrestleMania 43 remains open and subject to change as wrestlers’ storylines develop.