I agree with the tag. Option 7?
Also I want to reiterate that unless Seul, RULE, Esso, Rai and ILL are okay with whatever the changes are, then nothing happens. They were given permanent titles, end of. If they are unanimously okay with a change, then it changes.
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Noir yeah I'd be cool with that, although not as a solid rule. It'd be more something we build up like I'd hit up the existing champ and say "Free title shot if you wanna defend LBT King".