This is Reigns’ first run with the WWE Intercontinental Title. Miz won the title back at the June 4th Extreme Rules pay-per-view with a win over Dean Ambrose.
The reason for The Miz dropping the IC title is that he’ll be taking time off soon to film another movie. No word yet on what movie he’ll be filming, but Miz has starred in the past 3 installments of WWE Studios’ The Marine franchise, so that’s certainly a possibility.
After Monday’s RAW went off the air, WWE filmed an angle that saw The Shield triple powerbomb Miz through the announcer’s table. This was done to write him off television for the foreseeable future.
The Miz is not expected back on television until after his new movie projects finishes shooting. During his time away from WWE, he’ll also be able to spend time with his pregnant wife, Maryse.