The proposed deal stems from his mini-confrontation with The Undertaker following UFC 121 on October 23.
According to the magazine, Lesnar had agreed in principle to a three-appearance deal with WWE: he would have appeared on two episodes of Monday Night Raw in the weeks leading up to WrestleMania XXVI, culminating with a final appearance at the April 3 pay-per-view extravaganza in Atlanta, Georgia.
WWE officials are willing to pay Lesnar a seven-figure sum for the three appearances. However, the deal would require approval from UFC because Lesnar is under contract to the mixed martial arts organization.
UFC officials reportedly denied Lesnar's request to return to WWE.
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