Cain Velasquez is in discussions with two prominent pro-wrestling promotions. The former UFC heavyweight champion and his team have been in touch recently with both WWE and AEW about a contract, sources confirmed with ESPN. Dave Meltzer first discussed the info Sunday on Wrestling Observer Radio. Velasquez has done a pair of pro-wrestling dates already for Mexico's AAA and his athletic performances have drawn the attention of big organizations. AAA and New Japan Pro-Wrestling could also be in play for Velasquez, sources said. AEW and AAA have a talent-sharing agreement. Velasquez attended a New Japan show last month in San Francisco and met with officials backstage. Velasquez remains under contract with the UFC and has multiple fights left on that deal. The former two-time UFC champ has not closed the book on a return to the Octagon, either, he has said publicly.