Despite all the recent hype, there are people within WWE and close to Steve Austin who do not believe an Austin vs. CM Punk match will happen, even at WrestleMania 30. People close to Austin note that not only is he recovering from major knee surgery, his body is banged up worse than is being let on, he’s 47 years old with major neck issues and he’s not really jonesing to wrestle again.
Internally, all of the Austin-Punk references are strictly to hype the WWE ’13 video game.
On a related note, all the talk of “respect” is being done to set up a potential Punk vs. The Undertaker match.
(Source: Wrestling Observer Newsletter)