WWE officials and Cody Rhodes have had talks over the last few days.
There’s been discussion within WWE about singing Rhodes to some kind of deal similar to the company’s Legends deals, according to PWInsider. This would allow WWE to release merchandise and other items with Cody’s likeness.
It’s possible that WWE had merchandise planned for Stardust, perhaps through a third-party like Mattel, and are offering Cody a deal so they can legally move forward with the plans.
There has been no talk of Cody returning to work for WWE as a wrestler.
The former WWE Intercontinental Champion just left the company on May 22nd and has several high-profile indie matches booked. He’s also teased that he’s interested in getting into acting.