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CM Punk was a 5 time heavyweight champion at his last promotion, so he was putting in the grind too.He wouldn't have gotten his "handout" if he wasn't double champion in Glory or knocked out a top 5 MW in half a round. At this point, how can you say he doesn't deserve to be in the position that he is in?
He's still carrying around a belt today, though some people argue it's legitimacy, but he was clearly a bad release on the UFC's part.