Welcome to Bleacher Report's coverage and recap of AEW All Out 2022.

The annual pay-per-view was back in the NOW Arena in the Chicago suburb of Hoffman Estates, Illinois, and All Elite Wrestling president Tony Khan made sure to pack the card with enough action to satisfy every kind of fan.

Several titles were on the line, including Jon Moxley defending the AEW World Championship against CM Punk and a Fatal 4-Way to determine an interim women's champion while Thunder Rosa is out with an injury.

While the majority of the competitors were AEW talents, we also saw stars from Impact and New Japan Pro-Wrestling included on the show.

Let's take a look at everything that happened in Sunday's event.

Sunday's Card

• Jon Moxley vs. CM Punk (AEW World Championship)
• Britt Baker vs. Jamie Hayter vs. Toni Storm vs. Hikaru Shida (AEW Women's World Championship)
• The Elite vs. Adam Page and The Dark Order (AEW Trios Championships)
• Jade Cargill vs. Athena (TBS Championship)
• Swerve in Our Glory vs. The Acclaimed (AEW Tag Team Championships)
• Jungle Boy vs. Christian Cage
• Ricky Starks vs. Powerhouse Hobbs
• FTR and Wardlow vs. Jay Lethal and Motor City Machine Guns
• House of Black vs. Darby Allin, Sting and Miro
• Bryan Danielson vs. Chris Jericho
• Casino Ladder Match
• Pac vs. Kip Sabian (AEW All-Atlantic Championship)
• Sammy Guevara and Tay Melo vs. Ortiz and Ruby Soho (AAA Mixed Tag Team Championships)
• Hook vs. Angelo Parker (FTW Championship)
• Eddie Kingston vs. Tomohiro Ishii

Zero Hour

Soho and Ortiz chased Guevara and Melo into the arena with a golf cart to start the show off with some chaos. This bout was wild and featured some big risks, intergender action and a few close calls. Mel was able to get the win with the TayKO, but Soho appeared to be injured after taking the move. She was holding her nose and was immediately helped to the back. This match had some fun moments, but it also had a few sloppy spots and no organization.

Winners: Guevara and Melo

Grade: C

The second match on the pre-show featured Hook defending the FTW title against Cool Hand Ange. Daddy Magic distracted the ref so Parker could punch Hook in the eye to get an unfair advantage. After Ange got in a decent amount of offense, Hook was able to recover and lock in a Red Rum for the submission win. Daddy Magic attacked him, but Action Bronson saved Hook from being double-teamed. This was quick, but it was fun for what it was.

Winner: Hook

Grade: C+

Sabian vs. Pac for the All-Atlantic title was up next. This was the first match in over 500 days for the man with a box on his head, so he seemed fired up and ready to remind the crowd of who he is. The two high-flyers put each other's aerial skills to the test, but they also had some good technical exchanges. The Bastard scored the win with his Black Arrow finisher. This was a fun match that showed how well Sabian has stayed in shape.

Winner: Pac

Grade: B

The final Zero Hour match was Ishii vs. Kingston. They started off with a basic lockup before testing each other with some chest chops. Both men had red chests within minutes, but they never let up on each other. AEW gave them almost 20 minutes and they used all of it to punish each other with stiff strikes and throws. Kingston picked up the win, but both men were left battered and bruised. This was pure fun from start to finish.

Winner: Eddie Kingston

Grade: A-

Notable Moments and Observations

• Ruby fell right on her head after a certain spot. She seemed fine, but it was a scary bump. She also took a nasty bump when Melo superplexed her onto Ortiz and Guevara at ringside. 
• Bronson was at ringside to cheer on Hook. He produced Hook's entrance music and is a noted wrestling fan. He also has a decent suplex. 
• This was the first time we have had to see Hook sell more than a move or two. He still didn't have to sell much, but what he did do was fine. 
• Sabian's new entrance music is good, but his new gear was even better. Whoever made it did excellent work. 
• Orange Cassidy came out to confront Pac, but the champ walked off. 
• Ishii's blood vessels in his chest were broken after several chops. It looked painful, but he never slowed down. 

Casino Ladder Match

Rey Fenix and Wheeler Yuta were the first two competitors in the ring for the Casino Ladder Match. More competitors joined over time, but the match could end whenever somebody retrieves the big poker chip above the ring.

Rush was the third star to enter the match, and he was soon joined by Andrade. They worked together to set some ladders up in various ways around the ring. Rush even seemed willing to let El Idolo try to win first.

Claudio Castagnoli was up next and he checked on Yuta before getting into the ring. Dante Martin joined the fray and almost won by jumping onto the ladder with a springboard. Penta Oscuro came into the match like a ball of fire moments later.

Stokely Hathaway came out with his new stable and took down the chip after attacking everyone, but the Joker still had yet to be revealed. A masked man came out to The Rolling Stones' "Sympathy For The Devil." Stokely handed him the chip to a silent reaction from a confused crowd.

He teased taking his mask off, but then he just walked away without telling us who he is. This was a weird way to end what was an exciting match. The crowd seemed totally deflated by what happened. Everything else was good, but the way this ended had a big impact on how people will view this match.

Winner: The Joker

Grade: B-

Notable Moments and Observations

• Rush has one of the coolest entrance masks in wrestling. It wouldn't work to wear in the ring, but it's awesome for his entrance. 
• Andrade hit Yuta with a sunset flip powerbomb from one ladder onto another. It looked nuts. 
• There was a moment when Claudio tried to tip over some ladders, but it didn't work out the way he hoped, so he tipped them over a different way instead. 
• Penta didn't even wait to get to the ring. He hit Martin with a Canadian destroyer during his entrance, and it was hilarious. 

The Elite vs. Hangman and Dark Order (Trios Championships)

The final of the Trios Championship tournament was held to crown the first champions at All Out. The Young Bucks and Kenny Omega took on John Silver, Alex Reynolds and Adam Page.

Page and Nick Jackson started for their teams with a standard lockup to initiate a bit of chain wrestling. They actually shook hands before tagging in Matt and Reynolds to have a similar exchange of counters and takedowns. Instead of a handshake, Matt slapped Reynolds across the face.

Silver and Reynolds stomped a mud hole in Matt while the ref was distracted until Hangman made them stop. A moment later, Omega and Page had their first standoff. They traded some tense words before locking up. Silver quickly tagged himself in to take over against The Cleaner.

The first half of match was not as chaotic as some may have expected. They used tags and kept the double- and triple-team spots limited so they had more impact when used. Once things started to get going, we saw fewer tags and more big spots.

Page and Omega tagged themselves in so they could have a proper fight. Page ended up hitting Silver with a Buckshot Lariat by mistake, and Omega pinned him while Matt held Hangman back. The Elite are your first trios champions. This bout had a little bit of everything, but the outcome seemed to deflate a crowd that wanted The Dark Order and Hangman to win.

Winners: The Elite

Grade: B+

Notable Moments and Observations

• It was cool to see SIlver and Reynolds wearing gear to match Hangman. 
• Omega is in better shape than he was when he got injured. He was never in bad shape, but he has more definition now. 
• Having Hangman have some tension with The Dark Order throughout the match is a new wrinkle in this storyline. 
• Hangman's chop to Omega's chest sounded like it echoed in the arena. That's how hard it was. 
• Silver has one of the best hot tags in the business. The combo brainbuster and suicide dive he hit with Reynolds looked great. 
• The four-way superkick spot was OK, but it didn't look as good as they probably wanted it to. 
• The crowd almost exploded when Silver came close to pinning Omega. 

Jade Cargill vs. Athena (TBS Championship)

The TBS Championship was on the line when Cargill and Athena squared off. Athena almost won with her finisher within the first minute, but The Baddies pulled her out of the ring to prevent a pin.

Athena came close to winning a few times, but Cargill was able to hit Jaded for the win to extend her winning streak to 37-0. This was one of Cargill's better matches, but she still shows some hesitancy at times.

Athena looked good, but she and her 30-year-old rival seemed to have a slight lack of chemistry.

Winner: Jade Cargill

Grade: C+

Notable Moments and Observations

• Cargill busted through a wall of fake bricks for her entrance. She was dressed up like She-Hulk for this match. 
• There were some stiff strikes at one point. Athena really laid into the champion.
• The pump kick Cargill hit looked great.

FTR and Wardlow vs. Jay Lethal and MCMG

Alex Shelley, Chris Sabin and Jey Lethal took on Wardlow, Dax Harwood and Cash Wheeler in a trios match, but Satnam Singh and Sonjay Dutt were also at ringside.

The War Dog and Ric Flair's protege started for their teams. Lethal tried to circle Wardlow a bit, but the big man just stood unmoving in the middle of the ring.

All six men had a chance to interact with each other at various times throughout the match, but we saw FTR paired up with MCMG most of the time.

This bout did not have as many multiman spots as the previous trios match on the card, and it actually made it easier to follow. You always knew who was legal at any given time, which is important in situations like this.

Neither team seemed to dominate for too long, but the heels definitely had a slight advantage thanks to Dutt and Singh's shenanigans at ringside.

After a symphony of powerbombs, Wardlow was able to get the pin on Lethal to give his team the win. This match had some good spots and gave us a preview of what an FTR vs. MCMG match might look like. However, Wardlow was the star here.

When it looked like the heels would attack after the match, Samoa Joe made his way to the ring to help out The War Dog and the Ring of Honor tag champs.

Winners: Wardlow and FTR

Grade: B

Notable Moments and Observations

• Lethal spit on Wardlow, which is actually a crime in Illinois. It's a misdemeanor but still carries a fine of up to $2,500. 
• Dutt is such a good stooge. He and Brandon Cutler have mastered the role of cowardly manager. 
• Wardlow no-selling strikes from smaller competitors will always be funny. 
• The way Sabin and Shelley attacked the knees of Wheeler in their corner was unique. They had both of his legs trapped in different ways and kicked his knees at the same time. 
• Dax's daughter breaking Dutt's pencil and then pinning him was a fun moment. The crowd loved it. 

Ricky Starks vs. Powerhouse Hobbs

Former Team Taz teammates Ricky Starks and Powerhouse Hobbs finally met at the PPV to settle their differences.

The former FTW champion rushed to the ring and went right after Hobbs, but it only took the big man a few seconds to hit one huge shot to stop him in his tracks.

For the next few minutes, the 31-year-old powerhouse dominated Starks with heavy hands and big slams. Eventually, Hobbs hit a massive spinebuster to get the win. The crowd seemed surprised by the outcome, and it wasn't the first time.

This match was too short and the booking was a little weird, but it's likely this story is far from over, so maybe we will get a rematch.

Winner: Powerhouse Hobbs

Grade: C

Notable Moments and Observations

• Taz did a good job not playing favorites. He never really picked between these two men, so it made sense for him to be torn. 
• Starks usually favors trunks, but he was wearing tights for this match. Maybe he is trying to change his look now that he is working as a babyface. 
• The crowd had almost no reaction to Hobbs winning. 

Swerve in Our Glory vs. Acclaimed (AEW Tag Titles)

Max Caster and Anthony Bowens had a shot to win the AEW tag titles this weekend when they took on Swerve and Keith Lee. The crowd was cheering for both teams, but The Acclaimed seemed to be a bit more over with the Chicago fans.

Bowens and Swerve had a quick exchange to get things going before Lee and Caster took over. The Acclaimed had the upper hand after a few minutes, so the champions took a moment to regroup at ringside.

Lee faked an offer for a handshake and started beating Caster up, so the crowd began to boo him for the first time since he came to AEW.

Traditional tag team matches are much easier to follow than trios bouts, so this was a fun, fast-paced performance that was also easy to follow. The crowd seemed to wake back up after being a little quiet after the previous match's outcome.

Bowens began selling a knee injury, so Swerve focused on that limb with every move he hit. Billy Gunn tried to help him a bit at ringside, but he could only do so much without getting The Acclaimed disqualified.

Caster began to build up a head of steam after getting a hot tag. A miscommunication led to Lee accidentally hitting Swerve out of the ring. Both teams came close to winning several times before Swerve in Our Glory hit a combo powerbomb and double stomp from the top rope for the win.

Lee and Swerve acting more like heels helped get the crowd behind The Acclaimed even more than it already was, but more importantly, it allowed them to tell a better story. This match was outstanding, but the crowd was pretty upset at the outcome.

Winners: Swerve in Our Glory

Grade: A-

Notable Moments and Observations

• Caster's pre-match rap was hilarious. 
• It's easy to forget how big Caster is until you see him next to a guy like Lee. 
• Swerve has unreal precision. He makes difficult moves look easy to pull off. His baseball slide dropkick out of the ring looked awesome. 
• The crowd chanting "you can't scissor" at Lee is further proof that pro wrestling has the best fans in the world. 
• It's always a little scary when someone sells a fake injury to a part of their body that was legitimately injured because you never quite know for sure if it's real or not. 
• Caster picking up Lee for a fireman's carry slam was the most impressive spot of the night up to this point. 

Britt Baker vs. Jamie Hayter vs. Hikaru Shida vs. Toni Storm (AEW Women's Title)

The interim women's world title was decided in a Fatal 4-Way match involving Hayter, Baker, Shida and Storm.

Baker and Hayter tried to work together at first to gain an advantage, but that alliance did not allow them to dominate the match the way they had hoped.

They tried to take out Shida by dropping her on the stage. The doctors were checking on her and helped her to the back while Hayter and Baker teamed up against Storm in the ring.

Shida eventually came back out with two kendo sticks and went to work on the two women who took her out. We saw several two-counts from everyone in the match before Baker cost Hayter a pin. Storm came back in and took advantage of their problems to hit a DDT and win the match.

This match had some great moments, but it also had its fair share of issues. The crowd was up and down and did not seem to know how to react to the finish.

Winner: Toni Storm

Grade: C+

Notable Moments and Observations

• Rebel and Baker were wearing outfits that were as bright as the ink in a highlighter. 
• Shida slipping on her kip up led to a fun moment with Storm upstaging her a moment later.
• The double headbutt from Storm and Shida to Rebel was hilarious. 
• There was a couple of minutes when it sounded like the crowd had died out a bit, but Shida returning to the ring woke everyone up again. 

Christian Cage vs. Jungle Boy

One of the most personal rivalries on the card was Cage vs. Jungle Boy. These two began as mentor and mentee, but after a betrayal by Captain Charisma, they became bitter enemies.

Luchasaurus came out on the stage and attacked Jungle Boy out of nowhere. He chokeslammed his former partner on the metal grates next to the ring. He carried Jack Perry toward the ring and powerbombed him through the timekeeper's table.

The 25-year-old said he could fight when the ref asked him, so the match began. Christian hit him with a Spear and a Killswitch to score the win in less than a minute.

It's hard to put into words how weird of a booking choice this was. On a night with a few questionable outcomes, this was the one that seemed the most out of place.

Winner: Christian Cage

Grade: D-

Notable Moments and Observations

• Jungle Boy's mom slapped Christian on his way to the ring. 
• Luchasaurus pulled off the elusive triple-turn during this storyline. That's not easy. 

Bryan Danielson vs. Chris Jericho

William Regal joined the commentary table to watch as Danielson battled Jericho. We got The Lionheart this week instead of The Wizard. Elliott Taylor was there to perform Danielson's entrance music live.

After getting frustrated, Jericho slapped The American Dragon right across the face, but Danielson did not react aggressively. He kept his cool and took his opponent down in a waistlock.

They kept this technical for quite some time by focusing on holds, takedowns and counters, but they also used the occasional chop or kick to soften each other up.

The pace was slow and methodical at times but not in a bad way. It allowed them to sell each move and tell a story without rushing from spot to spot.

These are two men who are both veterans and well known for being amazing performers, so it should come as no surprise that they had one of the best matches of the night. It might not have had as many high-flying spots as other bouts, but it had some structure other bouts lacked.

Both men came close to winning with some of their signature moves, but it took a low blow and a Judas Effect from Jericho to score the win. The match itself had a lot to like, but this is another finish on this card that is going to get a split response from fans.

Winner: Chris Jericho

Grade: A-

Notable Moments and Observations

• Jericho had on tights that called back to some of his old ECW and WCW gear. 
• Danielson is so smooth with his transitions. Everything he does has an extra level of shine to it. 
• Danielson meditating before popping to his feet to unload on Jericho was a funny moment. 
• Jericho has a nice German suplex. He should use it more often. 

House of Black vs. Sting, Darby Allin and Miro

We got another trios match in the fourth hour of the main show with The House of Black taking on Miro, Sting and Darby Allin.

Malakai Black and Miro had a long staredown after the bell. Buddy Matthews tagged in quickly, but he ended up on the receiving end of a slam after Miro caught him flying through the air. The powerhouse refused a tag, so Allin had to tag himself in.

After Black came back in, he immediately took control and put the risk-taker on defense for a long time. All three members of HOB took turns beating on him, but Allin kept himself in the match despite the overwhelming odds against him.

Matthews hit Miro with Sting's bat while the ref was looking the other way, so Sting and Allin had to fend for themselves for a little while. The Icon spit some mist in Black's face to set up Allin to get the pin for his team.

This match was fine for what it was, but nothing about it stood out from the other trios matches we saw on this show. At least the crowd seemed to like the finish.

Winners: Darby Allin, Sting and Miro

Grade: C+

Notable Moments and Observations

• Allin's face and body paint looked awesome. He always does something a little extra for PPVs, and this was no exception. 
• Taz is underrated as a commentator. He provides a lot of great insights while also providing justification for certain things that happen with his explanations. He adds a lot to every match he calls. 
• Sting moves way too well for somebody his age. He's making the rest of us look bad. 

Jon Moxley vs. CM Punk (AEW World Title)

The main event and final match of the night was the AEW World Heavyweight Championship bout between Moxley and the former champion, Punk.

The crowd was booing Moxley and cheering Punk, so the champion played into those reactions by acting a bit more like a heel. That is what is great about the Blackpool Combat Club. They can be heels or faces at any time depending on what the situation calls for.

Punk hit a GTS very early in the match, but he only got a two-count. A few minutes into the match, the Moxley chants began to be just as loud as the Punk chants. The Straight-Edge Superstar was busted wide-open, and his white gear began to show huge red stains after a little while.

Mox began to take Punk apart piece by piece, but the challenger refused to stay down for a pin or tap out to a submission. Both men tried several different tactics to win, but Moxley was the one controlling the pace for the majority of the match.

Moxley countered a GTS and hit the Death Rider for a close two-count. Punk managed to escape the Bulldog Choke and hit a GTS. He picked up Mox to hit another and covered him for the win to become the new AEW champion in front of his hometown crowd.

This was a hard-fought and entertaining encounter, but it makes the booking of their previous bout even more curious. It will be interesting to see how people react to this one in a day or two once it settles in.

The lights went out and a voicemail from Tony Khan began to play. The masked man from earlier in the night revealed himself to be MJF. He's back and he's coming for Punk's world title. The Punk chants slowly turned into MJF chants when he came out on the stage. He flipped off the crowd as the show went off the air.

Winner: CM Punk

Grade: B

Notable Moments and Observations

• Punk got the usual reaction he gets in Chicago, but Moxley also seemed to have a lot of fans in his corner. There were some boos, but Punk was not the universal favorite. 
• Mox had some fans chanting his name early on, but the Punk fans were louder. 
• Quite a few people on this card wore white gear, which has to be insanely difficult to keep clean. It definitely helped the bit of blood we saw stand out more. 
• You could hear the crowd beginning to shift about halfway through the match. Punk still had a lot of fans, but Mox's reactions were just as loud at some points. 
• The way Moxley was clawing and biting at Punk's head wound was both awesome and disgusting. That about sums up pro wrestling most days.