Red Velvet has officially signed a new contract with AEW.

AEW Executive Vice President Cody Rhodes took to Twitter to announce that President & CEO Tony Khan has upgraded Velvet’s contract.

At The Crossroads @AEWonTNT event squaring off against @SHAQ & Jade…Red stepped up in a huge way! @TonyKhan saw what over a million people saw that night and upgraded her contract. She’s ALL ELITE now! Let’s stir it up my friend,” Cody tweeted.

At The Crossroads @AEWonTNT event squaring off against @SHAQ & Jade...Red stepped up in a huge way! @TonyKhan saw what over a million people saw that night and upgraded her contract. She’s ALL ELITE now! Let’s stir it up my friend. pic.twitter.com/1bJ2JVx280

, Cody (@CodyRhodes) March 25, 2021