CM Punk captured the WWE Championship on Raw in Chicago, and tonight's episode of SmackDown marks his first appearance since returning to the top of the mountain.
While the championship celebration is expected to be the centerpiece of the show, the bigger story may be what comes next.
With SummerSlam less than a month away, WWE is expected to begin clarifying Punk's first title defense, with speculation pointing toward a one-on-one showdown against Cody Rhodes. As the road to Minneapolis continues, tonight's SmackDown should provide clear direction for WWE's biggest event of the summer.
Here is a full preview of tonight's SmackDown with the announced match and watch information.
WWE SmackDown - July 10, 2026 - Match Card
Non-Title Singles Match
Trick Williams (c) vs. Carmelo Hayes
Singles Match
Finn Bálor vs. Tama Tonga
CM Punk Will Make First Appearance as Champion
For the first time since becoming WWE Champion, CM Punk is scheduled to address the WWE Universe.
After a several-month hiatus following his loss to Roman Reigns at WrestleMania 42, Punk now stands atop WWE with the company's richest prize. The obvious question is now who steps forward to challenge him.
While WWE has yet to make anything official, all signs continue to point toward Cody Rhodes. The two teased a showdown the Raw after WrestleMania, and it feels like the best option to headline one of the nights of SummerSlam.
Of course, Sami Zayn is still in the picture, and so is Gunther. We also shouldn't discount a surprise Randy Orton return. Whether Cody challenges Punk or a No. 1 Contender's Match is set, fans should expect significant movement in the SummerSlam WWE Championship picture.
What Else to Watch For
What's Next for Nick Aldis and Gunther?
Nick Aldis and Gunther have been on a collision course, but WWE has yet to officially announce where their rivalry is headed. With SummerSlam just weeks away, tonight could provide the answer.
If WWE intends for the two to meet at SummerSlam, the company will likely begin escalating the rivalry in earnest. If not, an announcement for Saturday Night's Main Event could be in play instead.
Saturday Night's Main Event Needs More Matches
Speaking of, Saturday Night's Main Event from Madison Square Garden currently features just two announced matches, meaning WWE still has at least two spots to fill before the card is finalized.
SmackDown presents the perfect opportunity to announce one or two additional bouts while continuing to build momentum toward SummerSlam on August 1-2. Expect several storylines to accelerate as WWE balances promoting both major events simultaneously.
How to Watch WWE SmackDown
- Date: Friday, July 10, 2026
- Location:Paycom Center — Oklahoma City, Oklahoma
- Time: 8 p.m. ET
- TV: USA Network
